Hamptons Real Estate Market Report – 2022 vs. 2023

Page 1

hamptons real estate market report 2022 vs. 2023 PUBLISHED FEBRUARY 14TH, 2024

amagansett bridgehampton east hampton east quogue

hampton bays montauk north haven quogue

remsenburg sagaponack sag harbor shelter island

SaundersMarketReport.com

southampton wainscott water mill westhampton


THE HAMPTONS’ LEADING REAL ESTATE BROKERAGE FIRM

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hamptons real estate market report 2022 VS. 2023 SaundersMarketReport.com 4 ALL HAMPTONS - Q4 2022 VS. 2023

18 SAG HARBOR

5 ALL HAMPTONS - 2022 VS. 2023

19 SAG HARBOR VILLAGE

6 REMSENBURG

20 NORTH HAVEN

7 WESTHAMPTON

21 SHELTER ISLAND

8 VILLAGE OF WESTHAMPTON BEACH

22 SAGAPONACK

9 WEST HAMPTON DUNES

23 SAGAPONACK VILLAGE

10 QUIOGUE

24 WAINSCOTT

11 QUOGUE VILLAGE

25 EAST HAMPTON MIDDLE

12 EAST QUOGUE

26 EAST HAMPTON VILLAGE

13 HAMPTON BAYS

27 EAST HAMPTON SPRINGS

14 SOUTHAMPTON

28 EAST HAMPTON NORTHWEST

15 SOUTHAMPTON VILLAGE

29 AMAGANSETT

16 WATER MILL

30 MONTAUK

17 BRIDGEHAMPTON published february 14th, 2024


all hamptons TOTAL SALES TRANSACTIONS FOURTH QUARTER 2022 VS. 2023 HOME/LAND/CONDO/ COMMERCIAL

TOTAL SALES 2022

TOTAL SALES 2023

TOTAL % CHANGE

Sales Transactions

509

349

-31%

Median Price

$1.55M

$1.86M

20%

Dollar Volume

$1.42B

$1.22B

-14%

HOME SALES FOURTH QUARTER 2022 VS. 2023 PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

105

49

-53%

131

85

-35%

69

49

-29%

$3M - $4.99M

56

43

-23%

$5M - $9.99M

39

38

-3%

$10M - $19.99M

13

15

15%

OVER $20M

4

5

25%

417

284

-32%

Median Price

$1.68M

$2.1M

25%

Dollar Volume

$1.204B

$1.119B

-7%

Under $1M $1M - $1.99M

HOME SALES Q4 2022 VS. 2023

32%

SALES TRANSACTIONS

25%

MEDIAN PRICE

7%

DOLLAR VOLUME

$2M - $2.99M

HOME SALES 2022 VS. 2023

Sales Transactions

LAND SALES FOURTH QUARTER 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

54

34

-37%

Median Price

$768K

$898K

17%

Dollar Volume

$131.87M

$53.54M

-59%

CONDO SALES FOURTH QUARTER 2022 VS. 2023 CONDO

2022

2023

% CHANGE

Sales Transactions

21

18

-14%

Median Price

$925K

$1.25M

35%

Dollar Volume

$23.94M

$24M

0%

TOP 5 HOME SALES 4TH QTR 2023

4

PROPERTY ADDRESS

SOLD PRICE

COMMERCIAL SALES FOURTH QUARTER 2022 VS. 2023

700 Meadow Lane, Southampton

$112,500,000

COMMERCIAL

2022

2023

% CHANGE

298 Further Lane, East Hampton

$40,000,000

Sales Transactions

14

13

-7%

15 West End Road, East Hampton

$28,000,000

Median Price

$3.95M

$1.3M

-67%

96 Further Lane, East Hampton

$24,036,648

Dollar Volume

$57.32M

$23.37M

-59%

111 Rose Hill Road, Water Mill

$20,000,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023


all hamptons TOTAL SALES TRANSACTIONS 2022 VS. 2023 HOME/LAND/CONDO/ COMMERCIAL

TOTAL SALES 2022

TOTAL SALES 2023

TOTAL % CHANGE

Sales Transactions

2,556

1,652

-35%

Median Price

$1.6M

$1.7M

7%

Dollar Volume

$7.391B

$4.83B

-35%

HOME SALES 2022 VS. 2023 PRICE CATEGORY

HOME SALES 2022 VS. 2023

35%

SALES TRANSACTIONS

10%

MEDIAN PRICE

32%

DOLLAR VOLUME

2022 SALES

2023 SALES

% CHANGE

Under $1M

557

323

-42%

$1M - $1.99M

633

408

-36%

$2M - $2.99M

328

230

-30%

$3M - $4.99M

275

210

-24%

$5M - $9.99M

185

116

-37%

$10M - $19.99M

73

41

-44%

OVER $20M

23

19

-17%

Sales Transactions

2,074

1,347

-35%

Median Price

$1.68M

$1.85M

10%

Dollar Volume

$6.214B

$4.231B

-32%

LAND SALES 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

249

162

-35%

Median Price

$850K

$912K

7%

Dollar Volume

$469.2M

$263.05M

-44%

CONDO SALES 2022 VS. 2023 CONDO

2022

2023

% CHANGE

Sales Transactions

145

84

-42%

Median Price

$975K

$1.15M

18%

Dollar Volume

$208.49M

$114.8M

-45%

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

SOLD PRICE

700 Meadow Lane, Southampton $112,500,000

COMMERCIAL SALES 2022 VS. 2023 COMMERCIAL

2022

2023

% CHANGE

82

54

-34%

32 Windmill Lane, East Hampton

$77,775,000

Sales Transactions

121 Further Lane, East Hampton

$52,000,000

Median Price

$2.26M

$1.96M

-13%

442 Further Lane, East Hampton

$51,000,000

Dollar Volume

$490.56M

$214.58M

-56%

298 Further Lane, East Hampton

$40,000,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

5


remsenburg

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

23%

SALES TRANSACTIONS

6

%

MEDIAN PRICE

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

15

5

-67%

$1M - $1.99M

14

16

14%

$2M - $2.99M

4

4

-

$3M - $4.99M

7

3

-57%

$5M - $9.99M

-

3

N/A

$10M - $19.99M

-

-

-

40

31

-23%

Median Price

$1.56M

$1.65M

6%

Dollar Volume

$69.59M

$67.69M

-3%

OVER $20M Sales Transactions

LAND SALES 2022 VS. 2023

3%

DOLLAR VOLUME

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

6

SOLD PRICE

7 Woodcock Lane

$6,400,000

40 Cedar Lane

$6,195,000

16 Duck Point Road

$5,900,000

84 South Country Road

$4,200,000

10 Webb Court

$3,400,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

2023

% CHANGE

9

2

-78%

Median Price

$175K

$825K

371%

Dollar Volume

$5.03M

$1.65M

-67%

LAND

Sales Transactions

2022


westhampton

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

31

%

SALES TRANSACTIONS

19%

MEDIAN PRICE

28%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

17

13

-24%

$1M - $1.99M

30

15

-50%

$2M - $2.99M

6

7

17%

$3M - $4.99M

3

5

67%

$5M - $9.99M

2

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

58

40

-31%

Median Price

$1.38M

$1.64M

19%

Dollar Volume

$93.94M

$67.86M

-28%

Sales Transactions

LAND SALES 2022 VS. 2023 2022

2023

% CHANGE

7

4

-43%

Median Price

$630K

$750K

19%

Dollar Volume

$5.94M

$3.12M

-47%

LAND

Sales Transactions

CONDO SALES 2022 VS. 2023 CONDO

2022

2023

% CHANGE

SOLD PRICE

Sales Transactions

14

15

7%

11 Bay Meadow Lane

$3,950,000

Median Price

$1.03M

$1.1M

6%

7 Pine Tree Lane

$3,650,000

Dollar Volume

$15.14M

$16.32M

8%

35C Seabreeze Avenue

$3,400,000

651 Dune Road

$3,400,000

11 Fiddler Crab Trail

$3,075,000

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

7


village of westhampton beach

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023 PRICE CATEGORY

40

%

SALES TRANSACTIONS

5

%

MEDIAN PRICE

44%

DOLLAR VOLUME

2022 SALES

2023 SALES

% CHANGE

Under $1M

9

5

-44%

$1M - $1.99M

8

8

-

$2M - $2.99M

11

5

-55%

$3M - $4.99M

12

5

-58%

$5M - $9.99M

4

4

-

$10M - $19.99M

1

-

-100%

OVER $20M

-

-

-

45

27

-40%

Median Price

$2.55M

$2.42M

-5%

Dollar Volume

$132.19M

$74.28M

-44%

Sales Transactions

LAND SALES 2022 VS. 2023 2022

2023

% CHANGE

5

4

-20%

Median Price

$2.2M

$1.90M

-14%

Dollar Volume

$11.85M

$11.48M

-3%

LAND

Sales Transactions

CONDO SALES 2022 VS. 2023 TOP 5 HOME SALES 2023

CONDO

2022

2023

% CHANGE

SOLD PRICE

Sales Transactions

10

9

-10%

121 Jessup Lane

$8,100,000

Median Price

$877K

$1.69M

93%

127 Jessup Lane

$7,200,000

1 Fiske Avenue

$5,900,000

Dollar Volume

$8.97M

$13.45M

50%

7 Cross Lane

$5,651,127

124 Beach Lane

$4,900,000

PROPERTY ADDRESS

8

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023


west hampton dunes

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

58%

$1M - $1.99M

2

1

-50%

$2M - $2.99M

2

-

-100%

SALES TRANSACTIONS

$3M - $4.99M

4

2

-50%

$5M - $9.99M

2

2

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

12

5

-58%

Median Price

$2.85M

$4M

40%

Dollar Volume

$36.87M

$21M

-43%

40

%

MEDIAN PRICE

43%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

2

-

-100%

LAND SALES 2022 VS. 2023 2022

2023

2

1

-50%

Median Price

$2.02M

$2.1M

4%

Dollar Volume

$4.04M

$2.1M

-48%

LAND

Sales Transactions

% CHANGE

TOP HOME SALES 2023 PROPERTY ADDRESS

SOLD PRICE

837 Dune Road

$5,900,000

785 Dune Road

$5,750,000

854 Dune Road

$3,995,000

666 Dune Road

$3,980,000

774A Dune Road

$1,380,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

9


quiogue

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

39%

SALES TRANSACTIONS

9

%

MEDIAN PRICE

28

%

DOLLAR VOLUME TOP HOME SALES 2023 PROPERTY ADDRESS

10

SOLD PRICE

27 Alden Lane

$6,275,000

35 Homans Avenue

$5,775,000

57 Alden Lane

$5,625,000

16 Sheppard Street

$3,800,000

17 Carwin Lane

$2,999,999

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

10

5

-50%

$1M - $1.99M

6

5

-17%

$2M - $2.99M

5

2

-60%

$3M - $4.99M

3

1

-67%

$5M - $9.99M

2

3

50%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

26

16

-39%

Median Price

$1.54M

$1.4M

-9%

Dollar Volume

$52.71M

$37.91M

-28%

Sales Transactions

LAND SALES 2022 VS. 2023 2022

2023

% CHANGE

3

2

-33%

Median Price

$690K

$750K

9%

Dollar Volume

$1.76M

$1.5M

-15%

LAND

Sales Transactions


quogue village

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

12

%

SALES TRANSACTIONS

7%

MEDIAN PRICE

36

%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

1

-

-100%

$1M - $1.99M

12

9

-25%

$2M - $2.99M

6

9

50%

$3M - $4.99M

3

7

133%

$5M - $9.99M

6

4

-33%

$10M - $19.99M

6

1

-83%

OVER $20M

-

-

-

34

30

-12%

Median Price

$2.7M

$2.5M

-7%

Dollar Volume

$158.69M

$102.08M

-36%

Sales Transactions

LAND SALES 2022 VS. 2023 2022

2023

% CHANGE

7

5

-29%

Median Price

$1.8M

$2M

11%

Dollar Volume

$16.38M

$11.82M

-28%

LAND

Sales Transactions

CONDO SALES 2022 VS. 2023 TOP 5 HOME SALES 2023 PROPERTY ADDRESS

CONDO

2022

2023

% CHANGE

1

3

200%

SOLD PRICE

Sales Transactions

10 Dune Road

$13,350,000

Median Price

$1.5M

$2.1M

40%

4 Heatherwood Lane

$8,350,000

Dollar Volume

$1.5M

$7.67M

411%

30 Second Neck Lane

$7,600,000

15 Wildwood Lane

$6,050,000

7 Quogo Neck Lane

$5,550,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

11


east quogue

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

36%

SALES TRANSACTIONS

1%

MEDIAN PRICE

27%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

56

36

-36%

$1M - $1.99M

40

24

-40%

$2M - $2.99M

11

6

-46%

$3M - $4.99M

1

2

100%

$5M - $9.99M

-

-

-

$10M - $19.99M

-

1

N/A

OVER $20M

-

-

-

Sales Transactions

108

69

-36%

Median Price

$999K

$990K

-1%

Dollar Volume

$127.42M

$92.59M

-27%

LAND SALES 2022 VS. 2023 2022

2023

% CHANGE

9

2

-78%

Median Price

$475K

$624K

32%

Dollar Volume

$5.2M

$1.25M

-76%

LAND

Sales Transactions

CONDO SALES 2022 VS. 2023 TOP 5 HOME SALES 2023

2022

2023

% CHANGE

4

3

-25%

SOLD PRICE

Sales Transactions

4 Squires Avenue

$12,350,000

Median Price

$458K

$515K

13%

37C Dune Road

$3,526,000

Dollar Volume

$1.87M

$1.34M

-29%

47 Shinnecock Road

$3,375,000

31 Peacock Path

$2,950,000

3 Sunset Avenue

$2,740,000

PROPERTY ADDRESS

12

CONDO

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023


hampton bays

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023 PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

%

Under $1M

210

125

-41%

$1M - $1.99M

49

32

-35%

$2M - $2.99M

4

6

50%

SALES TRANSACTIONS

$3M - $4.99M

1

3

200%

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

264

166

-37%

Median Price

$766K

$800K

4%

Dollar Volume

$226M

$162.8M

-28%

37

4

%

MEDIAN PRICE

LAND SALES 2022 VS. 2023

28%

DOLLAR VOLUME

TOP 5 HOME SALES 2023

2022

2023

11

5

-55%

Median Price

$355K

$190K

-47%

Dollar Volume

$4.41M

$1.95M

-56%

LAND

Sales Transactions

% CHANGE

CONDO SALES 2022 VS. 2023 CONDO

2022

2023

% CHANGE

7

11

57%

SOLD PRICE

Sales Transactions

20 Peconic Crescent

$4,565,000

Median Price

$469K

$755K

61%

17 Ludlow Lane

$3,300,000

Dollar Volume

$3.4M

$10.15M

199%

15 Tiana Circle

$3,150,000

2 Corwin Lane

$2,762,500

47A Oakhurst Road

$2,630,000

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

13


southampton

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

33%

SALES TRANSACTIONS

21%

MEDIAN PRICE

26%

DOLLAR VOLUME

TOP 5 HOME SALES 2023

14

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

63

34

-46%

$1M - $1.99M

77

50

-35%

$2M - $2.99M

38

23

-40%

$3M - $4.99M

24

25

4%

$5M - $9.99M

7

9

29%

$10M - $19.99M

4

2

-50%

OVER $20M

-

-

-

213

143

-33%

Median Price

$1.48M

$1.8M

21%

Dollar Volume

$450.84M

$333.59M

-26%

Sales Transactions

LAND SALES 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

28

17

-39%

Median Price

$425K

$525K

24%

Dollar Volume

$25.51M

$9.1M

-64%

CONDO SALES 2022 VS. 2023 CONDO

2022

2023

% CHANGE

33

6

-82%

PROPERTY ADDRESS

SOLD PRICE

Sales Transactions

86 West Neck Point Road

$12,150,000

Median Price

$908K

$1.03M

14%

113 Jule Pond Drive

$11,800,000

Dollar Volume

$29.57M

$6.14M

-79%

425 North Main Street

$9,711,392

8 Studio Lane

$7,480,000

112 Wooleys Drive

$6,499,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023


southampton village

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

30

%

SALES TRANSACTIONS

13%

PRICE CATEGORY

DOLLAR VOLUME

2023 SALES

% CHANGE

Under $1M

8

8

-

$1M - $1.99M

16

7

-56%

$2M - $2.99M

19

20

5%

$3M - $4.99M

22

20

-9%

$5M - $9.99M

20

11

-45%

$10M - $19.99M

18

10

-44%

OVER $20M

8

2

-75%

111

78

-30%

Median Price

$3.66M

$3.18M

-13%

Dollar Volume

$825.8M

$502.09M

-39%

Sales Transactions

MEDIAN PRICE

39%

2022 SALES

LAND SALES 2022 VS. 2023 2022

2023

% CHANGE

6

2

-67%

Median Price

$5.12M

$2.48M

-52%

Dollar Volume

$56.14M

$4.95M

-91%

LAND

Sales Transactions

CONDO SALES 2022 VS. 2023 TOP 5 HOME SALES 2023

CONDO

2022

2023

% CHANGE

SOLD PRICE

Sales Transactions

29

8

-72%

700 Meadow Lane

$112,500,000

Median Price

$2.7M

$2.4M

-11%

1 Boatmans Lane

$28,075,000

Dollar Volume

$79.1M

$16.36M

-79%

103 Great Plains Road

$18,700,000

446 First Neck Lane

$16,950,000

143 Meadowmere Lane

$16,000,000

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

15


water mill

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

14

PRICE CATEGORY

%

SALES TRANSACTIONS

1

%

MEDIAN PRICE

2

%

DOLLAR VOLUME

2022 SALES

2023 SALES

% CHANGE

Under $1M

4

-

-100%

$1M - $1.99M

11

9

-18%

$2M - $2.99M

11

14

27%

$3M - $4.99M

16

12

-25%

$5M - $9.99M

23

19

-17%

$10M - $19.99M

8

8

-

OVER $20M

1

2

100%

Sales Transactions

74

64

-14%

Median Price

$4.45M

$4.42M

-1%

Dollar Volume

$387.16M

$381.24M

-2%

LAND SALES 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

19

10

-47%

Median Price

$2.26M

$2.15M

-5%

Dollar Volume

$67.28M

$32.17M

-52%

CONDO SALES 2022 VS. 2023 TOP 5 HOME SALES 2023

2022

2023

1

-

-100%

% CHANGE

SOLD PRICE

Sales Transactions

111 Rose Hill Road

$20,000,000

Median Price

$2.6M

-

-100%

180 Rose Hill Road

$20,000,000

Dollar Volume

$2.6M

-

-100%

535 Flying Point Road

$17,000,000

31 Morrison Lane

$15,250,000

366 Cobb Road

$14,000,000

PROPERTY ADDRESS

16

CONDO

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023


bridgehampton

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

43

%

SALES TRANSACTIONS

4

%

MEDIAN PRICE

41

%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

9

1

-89%

$1M - $1.99M

12

8

-33%

$2M - $2.99M

14

13

-7%

$3M - $4.99M

18

12

-33%

$5M - $9.99M

22

9

-59%

$10M - $19.99M

11

4

-64%

OVER $20M

2

3

50%

Sales Transactions

88

50

-43%

Median Price

$3.65M

$3.51M

-4%

Dollar Volume

$490.92M

$289.4M

-41%

LAND SALES 2022 VS. 2023 2022

2023

% CHANGE

9

10

11%

Median Price

$2.5M

$3.1M

24%

Dollar Volume

$35.29M

$40.32M

14%

LAND

Sales Transactions

CONDO SALES 2022 VS. 2023 TOP 5 HOME SALES 2023

CONDO

2022

2023

2

-

-100%

% CHANGE

SOLD PRICE

Sales Transactions

35 Dune Road

$33,480,000

Median Price

$1.05M

-

-100%

72 Highland Terrace

$24,300,000

Dollar Volume

$2.1M

-

-100%

180 Pointe Mecox Lane

$24,000,000

201 Jobs Lane

$17,600,000

29 West Pond Drive

$13,450,000

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

17


sag harbor

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

34%

SALES TRANSACTIONS

7

%

MEDIAN PRICE

17

%

DOLLAR VOLUME TOP 5 HOME SALES 2023 PROPERTY ADDRESS

18

SOLD PRICE

2568 Noyack Road

$9,450,000

1636 Noyac Path

$9,020,000

65 Cliff Drive

$6,700,000

24 Crescent Street

$5,995,000

23 Fourteen Hills Court

$5,955,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

29

17

-41%

$1M - $1.99M

52

28

-46%

$2M - $2.99M

19

12

-37%

$3M - $4.99M

9

13

44%

$5M - $9.99M

6

6

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

115

76

-34%

Median Price

$1.51M

$1.62M

7%

Dollar Volume

$216.63M

$180.99M

-17%

Sales Transactions

LAND SALES 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

8

10

25%

Median Price

$1.03M

$631K

-39%

Dollar Volume

$8.76M

$10.29M

18%


sag harbor village

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023 PRICE CATEGORY

48

2022 SALES

2023 SALES

% CHANGE

Under $1M

8

2

-75%

%

$1M - $1.99M

31

14

-55%

$2M - $2.99M

15

10

-33%

SALES TRANSACTIONS

$3M - $4.99M

18

10

-44%

$5M - $9.99M

5

6

20%

$10M - $19.99M

3

-

-100%

OVER $20M

-

-

-

80

42

-48%

Median Price

$2.1M

$2.27M

8%

Dollar Volume

$232.65M

$116.44M

-50%

8%

MEDIAN PRICE

50

%

DOLLAR VOLUME

Sales Transactions

LAND SALES 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

5

5

-

Median Price

$1.7M

$600K

-65%

Dollar Volume

$10.62M

$2.72M

-74%

CONDO SALES 2022 VS. 2023 CONDO

2022

2023

% CHANGE

SOLD PRICE

Sales Transactions

13

9

-31%

52 Glover Street

$5,900,000

Median Price

$3.2M

$1.56M

-51%

156 Main Street

$5,500,000

Dollar Volume

$37.99M

$19.7M

-48%

286 Division Street

$5,500,000

22 Meadowlark Lane

$5,400,000

154 Redwood Road

$5,375,000

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

19


north haven

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

67

%

SALES TRANSACTIONS

14

%

MEDIAN PRICE

73

%

DOLLAR VOLUME TOP 5 HOME SALES 2023 PROPERTY ADDRESS

20

SOLD PRICE

48 Forest Road

$14,000,000

61 Ferry Road

$8,650,000

36 Sunset Beach Road

$5,200,000

34 Redcoats Lane

$4,300,000

68 North Haven Way

$4,300,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

4

-

-100%

$1M - $1.99M

11

3

-73%

$2M - $2.99M

3

3

-

$3M - $4.99M

7

5

-29%

$5M - $9.99M

12

2

-83%

$10M - $19.99M

4

1

-75%

OVER $20M

1

-

-100%

Sales Transactions

42

14

-67%

Median Price

$3.92M

$3.38M

-14%

Dollar Volume

$219.13M

$59.79M

-73%

LAND SALES 2022 VS. 2023 2022

2023

% CHANGE

2

2

-

Median Price

$1.98M

$1.92M

-3%

Dollar Volume

$3.95M

$3.85M

-3%

LAND

Sales Transactions


shelter island

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

37%

SALES TRANSACTIONS

16

%

MEDIAN PRICE

38

%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

16

9

-44%

$1M - $1.99M

22

18

-18%

$2M - $2.99M

10

7

-30%

$3M - $4.99M

9

2

-78%

$5M - $9.99M

3

1

-67%

$10M - $19.99M

-

1

N/A

OVER $20M

-

-

-

60

38

-37%

Median Price

$1.62M

$1.36M

-16%

Dollar Volume

$126.87M

$78.82M

-38%

Sales Transactions

LAND SALES 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

23

15

-35%

Median Price

$525K

$750K

43%

Dollar Volume

$22.84M

$13.88M

-39%

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

SOLD PRICE

2 Charlies Lane

$12,950,000

29 Winthrop Road

$8,725,000

10B Club Drive

$4,600,000

58 Westmoreland Drive

$3,225,000

148E North Ferry Road

$2,850,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

21


sagaponack

HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

36

%

SALES TRANSACTIONS

13%

PRICE CATEGORY

DOLLAR VOLUME

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

22

SOLD PRICE

284 Sprig Tree Path

$5,995,000

406 Toppings Path

$4,650,000

197 Northwest Path

$4,250,000

877 Sagg Road

$3,400,000

22 Ranch Court

$2,520,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

2023 SALES

% CHANGE

Under $1M

1

2

100%

$1M - $1.99M

4

-

-100%

$2M - $2.99M

-

1

N/A

$3M - $4.99M

4

3

-25%

$5M - $9.99M

2

1

-50%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

11

7

-36%

Median Price

$3M

$3.4M

13%

Dollar Volume

$33.86M

$21.54M

-36%

MEDIAN PRICE

36%

2022 SALES

LAND SALES 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

4

1

-75%

Median Price

$2.89M

$1.5M

-48%

Dollar Volume

$12.72M

$1.5M

-88%


sagaponack village

HOME SALES 2022 VS. 2023

N/A

SALES TRANSACTIONS

6

%

HOME SALES 2022 VS. 2023 PRICE CATEGORY

DOLLAR VOLUME

2023 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

-

-

-

$2M - $2.99M

4

-

-100%

$3M - $4.99M

1

3

200%

$5M - $9.99M

9

11

22%

$10M - $19.99M

2

2

-

OVER $20M

2

2

-

Sales Transactions

18

18

-

Median Price

$6.88M

$7.32M

6%

Dollar Volume

$190.97M

$163.48M

-14%

MEDIAN PRICE

14%

2022 SALES

LAND SALES 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

2

4

100%

Median Price

$9.62M

$3.28M

-66%

Dollar Volume

19.25M

$16.39M

-15%

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

SOLD PRICE

219 Sagaponack Main Street

$24,500,000

232 Gibson Lane

$20,500,000

289 Parsonage Lane

$15,335,018

193 Sagaponack Main Street

$10,500,000

124 Hedges Lane

$9,500,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

23


wainscott

HOME SALES 2022 VS. 2023

43%

SALES TRANSACTIONS

10 46% %

HOME SALES 2022 VS. 2023 PRICE CATEGORY

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

24

SOLD PRICE

40 Sayres Path

$8,400,000

129 Sayres Path

$5,250,000

154 Sayres Path

$4,455,000

2 Elishas Path

$3,500,000

122 Merchants Path

$3,442,500

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

2023 SALES

% CHANGE

Under $1M

-

1

N/A

$1M - $1.99M

7

1

-86%

$2M - $2.99M

10

9

-10%

$3M - $4.99M

9

4

-56%

$5M - $9.99M

4

2

-50%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

30

17

-43%

Median Price

$2.9M

$2.6M

-10%

Dollar Volume

$95.69M

$51.47M

-46%

Sales Transactions

MEDIAN PRICE

DOLLAR VOLUME

2022 SALES

LAND SALES 2022 VS. 2023 2022

2023

% CHANGE

4

5

25%

Median Price

$1.62M

$2.25M

39%

Dollar Volume

$13.26M

$17.4M

31%

LAND

Sales Transactions


east hampton middle

HOME SALES 2022 VS. 2023

30

%

SALES TRANSACTIONS

17

%

MEDIAN PRICE

28

%

DOLLAR VOLUME

HOME SALES 2022 VS. 2023 PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

45

19

-58%

$1M - $1.99M

71

54

24%

$2M - $2.99M

35

18

-49%

$3M - $4.99M

18

28

56%

$5M - $9.99M

9

6

-33%

$10M - $19.99M

3

2

-33%

OVER $20M

1

-

-100%

Sales Transactions

182

127

-30%

Median Price

$1.5M

$1.75M

17%

Dollar Volume

$417.72M

$299.74M

-28%

LAND SALES 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

20

15

-25%

Median Price

$818K

$605K

-26%

Dollar Volume

$23.95M

$10.39M

-57%

CONDO SALES 2022 VS. 2023 TOP 5 HOME SALES 2023

CONDO

2022

2023

7

7

-

% CHANGE

SOLD PRICE

Sales Transactions

12 Eileens Path

$11,500,000

Median Price

$975K

$1.32M

36%

143 Town Lane

$10,700,000

Dollar Volume

$7.59M

$9.66M

27%

26 Cedar Street

$7,850,000

76 Gould Street

$6,050,000

294 Abrahams Path

$5,750,000

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

25


east hampton village

HOME SALES 2022 VS. 2023

19

%

SALES TRANSACTIONS

9%

MEDIAN PRICE

9

%

DOLLAR VOLUME

HOME SALES 2022 VS. 2023 PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

5

9

80%

$2M - $2.99M

10

8

-20%

$3M - $4.99M

13

6

-54%

$5M - $9.99M

14

5

-64%

$10M - $19.99M

5

6

20%

OVER $20M

5

8

60%

Sales Transactions

52

42

-19%

Median Price

$4.58M

$4.18M

-9%

Dollar Volume

$428.53M

$467.56M

9%

LAND SALES 2022 VS. 2023 2022

2023

% CHANGE

7

5

-29%

Median Price

$4.85M

$4.22M

-13%

Dollar Volume

$31.35M

$20.02M

-36%

LAND

Sales Transactions

CONDO SALES 2022 VS. 2023 TOP 5 HOME SALES 2023

2022

2023

1

-

-100%

% CHANGE

SOLD PRICE

Sales Transactions

32 Windmill Lane

$77,775,000

Median Price

$1.88M

-

-100%

121 Further Lane

$52,000,000

Dollar Volume

$1.88M

-

-100%

51 West End Road

$35,000,000

31 Two Mile Hollow Road

$29,000,000

15 West End Road

$28,000,000

PROPERTY ADDRESS

26

CONDO

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023


east hampton springs

HOME SALES 2022 VS. 2023

30%

SALES TRANSACTIONS

7%

MEDIAN PRICE

34%

DOLLAR VOLUME

HOME SALES 2022 VS. 2023 PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

29

26

-10%

$1M - $1.99M

59

40

-32%

$2M - $2.99M

22

11

-50%

$3M - $4.99M

6

4

-33%

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

116

81

-30%

Median Price

$1.37M

$1.28M

-7%

Dollar Volume

$180.87M

$118.7M

-34%

Sales Transactions

LAND SALES 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

15

14

-7%

Median Price

$679K

$1.07M

58%

Dollar Volume

$12.38M

$15.49M

25%

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

SOLD PRICE

30 Briarcroft Drive

$4,400,000

286 Old Stone Highway

$3,600,000

22 School Street

$3,400,000

146 Old Stone Highway

$3,250,000

105 Gerard Drive

$2,895,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

27


east hampton northwest

HOME SALES 2022 VS. 2023

48%

SALES TRANSACTIONS

13

%

HOME SALES 2022 VS. 2023 PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

12

6

-50%

$1M - $1.99M

52

33

-37%

$2M - $2.99M

41

23

-44%

$3M - $4.99M

39

14

-64%

$5M - $9.99M

6

2

-67%

$10M - $19.99M

1

-

-100%

OVER $20M

-

-

-

151

78

-48%

Median Price

$2.25M

$1.96M

-13%

Dollar Volume

$384.63M

$179.02M

-54%

Sales Transactions

MEDIAN PRICE

54%

DOLLAR VOLUME

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

28

SOLD PRICE

20 Peach Farm Lane

$6,075,000

67 Bull Path

$5,212,500

203 Bull Path

$4,800,000

16 Peach Farm Lane

$4,750,000

2 Three Mile Harbor Drive

$4,600,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

LAND SALES 2022 VS. 2023 LAND

2022

2023

Sales Transactions

19

7

-63%

Median Price

$680K

$1.06M

57%

Dollar Volume

$15.58M

$7.73M

-50%

% CHANGE


amagansett

HOME SALES 2022 VS. 2023

39%

SALES TRANSACTIONS

22%

MEDIAN PRICE

HOME SALES 2022 VS. 2023 PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

4

1

-75%

$1M - $1.99M

7

5

-29%

$2M - $2.99M

9

9

-

$3M - $4.99M

14

13

-7%

$5M - $9.99M

19

6

-68%

$10M - $19.99M

5

1

-80%

OVER $20M

3

2

-33%

Sales Transactions

61

37

-39%

Median Price

$4.1M

$3.2M

-22%

Dollar Volume

$396.16M

$223.21M

-44%

LAND SALES 2022 VS. 2023

44%

DOLLAR VOLUME

2022

2023

% CHANGE

4

5

25%

Median Price

$2.17M

$1.55M

-29%

Dollar Volume

$17.25M

$13.36M

-23%

LAND

Sales Transactions

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

SOLD PRICE

442 Further Lane

$51,000,000

298 Further Lane

$40,000,000

411 Town Lane

$11,149,875

114 Meeting House Lane

$9,500,000

472 Further Lane

$8,300,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023

29


montauk

HOME SALES 2022 VS. 2023

39%

SALES TRANSACTIONS

10%

HOME SALES 2022 VS. 2023 PRICE CATEGORY

DOLLAR VOLUME

2023 SALES

% CHANGE

Under $1M

5

8

60%

$1M - $1.99M

35

19

-46%

$2M - $2.99M

19

10

-47%

$3M - $4.99M

14

8

-43%

$5M - $9.99M

8

4

-50%

$10M - $19.99M

2

2

-

OVER $20M

-

-

-

Sales Transactions

83

51

-39%

Median Price

$2M

$1.8M

-10%

Dollar Volume

$238.45M

$137.23M

-43%

MEDIAN PRICE

43%

2022 SALES

LAND SALES 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

21

10

-52%

Median Price

$1.05M

$542K

-48%

Dollar Volume

$38.45M

$8.61M

-78%

CONDO SALES 2022 VS. 2023 TOP 5 HOME SALES 2023

30

CONDO

2022

2023

% CHANGE

23

13

-44%

PROPERTY ADDRESS

SOLD PRICE

Sales Transactions

216 Old Montauk Highway

$14,000,000

Median Price

$735K

$745K

1%

5 Agnew Avenue

$10,100,000

Dollar Volume

$16.79M

$14.01M

-17%

36 Homeward Lane

$8,348,000

17 Fairview Road

$7,250,000

248 West Lake Drive

$7,000,000

HAMPTONS REAL ESTATE MARKET REPORT, 2022 VS. 2023


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HOME SALES 2022 VS. 2023

HOME SALES 2022 VS. 2023

LAND SALES 2022 VS. 2023

CONDO SALES 2022 VS. 2023 TOP 5 HOME SALES 2023

Copyright 2023. As a licensed real estate broker, Saunders & Associates is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. Saunders & Associates encourages and supports an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin. All material presented in this publication is intended for informational purposes only. While this information is believed to be correct, it is presented subject to errors, omissions, change and withdrawal without notice. All material presented here is intended for informational purposes only and all outlines are approximate. Please recycle this booklet. “Saunders, A Higher Form of Realty” is registered in the U.S. Patent and Trademark Office. Transaction data provided by LIRealEstateReport.com as of February 9th, 2024.


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