slade's south of the highway synopsis (east hampton village and three unique markets*)
FIRST HALF 2017 AND HISTORICAL DATA
*Based on the 2017 Half Year Market Report and Mr. Slade’s proprietary historical database.
26
montauk highway, east hampton
sales volume in all hamptons
sales volume in east hampton village
FIRST HALF 2016 VS. 2017 HOME SALES
4%
SALES TRANSACTIONS
7%
MEDIAN PRICE
5%
DOLLAR VOLUME
TOP 5 HOME SALES IN 2017
4%
FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY
2016 SALES
2017 SALES
% CHANGE
Under $1M
526
521
-1%
$1M - $1.99M
263
273
4%
$2M - $2.99M
87
95
9%
$3M - $4.99M
71
100
41%
$5M - $9.99M
51
49
-4%
$10M - $14.99M
11
15
36%
OVER $15M
8
8
0%
Sales Transactions
1,017
1,061
4%
Median Price
$995K
$1.06M
7%
Dollar Volume
$1.92B
$2.02B
5%
SALES TRANSACTIONS
40
%
MEDIAN PRICE
52%
DOLLAR VOLUME
TOP 5 HOME SALES IN 2017
PROPERTY ADDRESS
SOLD PRICE
328 Gin Lane, Southampton
$31M
32 Middle Lane
$25,000,000
7 Old Town Road, Southampton
$26M
57 Cross Highway
$11,800,000
32 Middle Lane, East Hampton
$25M
59 Hither Lane
$10,555,000
1510 Meadow Lane, Southampton
$24.6M
89 Middle Lane
$6,285,000
500 Old Town Road, Southampton
$22.15M
20 Hook Pond Lane
$5,950,000
PROPERTY ADDRESS
SOLD PRICE
FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY
2016 SALES
2017 SALES
% CHANGE
Under $1M
2
3
50%
$1M - $1.99M
3
5
67%
$2M - $2.99M
9
4
-56%
$3M - $4.99M
3
9
200%
$5M - $9.99M
4
3
-25%
$10M - $14.99M
1
2
100%
OVER $15M
4
1
-75%
26
27
4%
$2.42M
$3.4M
40%
$250.2M
$119.24M
-52%
Sales Transactions Median Price Dollar Volume
slade’s south of the highway synopsis* 2016 - 2017
georgica Average Sale Average Acres Average Sq. Ft. Sold Price vs Last Listed
$6,659,000 1.13 3,901 -8.4%
lily pond Average Sale** $23,346,875** Average Acres 1.65 Average Sq. Ft. 5,248 Sold Price vs Last Listed -11.7%
first half
further lane Average Sale Average Acres Average Sq. Ft. Sold Price vs Last Listed
$6,886,611 1.79 2,998 -7.3%
•
east hampton village Average Sale Average Acres Average Sq. Ft. Sold Price vs Last Listed
$2,263,912 .59 2,654 -18.4%
*Micro markets defined based on proximity to beaches, village, Hook Pond and Maidstone Club as well as topography **Average Sale number is skewed as limited transactions plus two trades over $50M.
slade’s south of the highway synopsis 2012 - 2017
first half
PURCHASER HISTORY (%) INTERESTING FACTS
International : 2.2% Misc States : 4.3% Texas : 1.7%
• 434 transactions
New Jersey : 2.6% Connecticut : 3.0%
• 8.3% land only
Florida : 3.9% California : 4.3%
• Only 2.2% international purchasers • Georgica street with most sales
New York : 77.8% New York
California
Misc States
International
Florida
Connecticut
New Jersey
Texas meta-chart.com
STREETS WITH THE MOST SALES (#)
25
19
14
13
9
Georgica
Further/Dunemere
Cove Hollow
Lily Pond Lane
Middle Lane
BUY
SELL
EXPERIENCE •
RENT
INVEST
TRUSTWORTHY • FRESH PERSPECTIVE
Jarvis J. Slade Jr. has been involved in the real estate business for the past 10 years working with sellers, buyers, builders and brokers. He has participated in and led close to a hundred transactions representing over $200 million in business. Jarvis worked at Christie’s International Real Estate ultimately leading, as Chief Operating Officer, the firm’s global network of affiliates (including Brown Harris Stevens). Jarvis also is a lifelong Hamptons resident who grew up in East Hampton and NYC and now lives here in East Hampton full time. As a seasoned professional with leadership experience at many of the top American service companies, Jarvis is incredibly loyal, trustworthy and service focused. He is a real estate broker with extensive market knowledge and a broad network of both local and summer friends and clients. A graduate of Stanford University, Jarvis brings to Saunders over 25 years of extensive hospitality and real estate experience working with high net worth clients. These positions include General Manager of American Express Travel Centurion and Platinum Card Operations, President of Abercrombie & Kent Residence Clubs and Co-founder and CEO of a real estate private lending business. The father of two teenage daughters, Jarvis is married to Tonia D’Angelo Slade, a well-known Hamptons yoga teacher with an extensive and global private client base. Tonia grew up in Amagansett and is a leader in the wellness community. Outside the office, Jarvis is an avid hiker, skier and tennis player and has a passion for travel – having visited 65 countries and still counting!
JARVIS J. SLADE JR. Licensed Real Estate Salesperson
(917) 754-7500 | JSlade@saunders.com If you, as a seller or as a buyer, are currently under a written contract to use another broker exclusively then please disregard this notice. It is not our intention to solicit other real estate broker’s clients. “Saunders, A Higher Form of Realty” is registered in the U.S. Patent and Trademark Office. Equal Housing Opportunity.