Slade South of the Highway Synopsis

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.

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