Hamptons Market Update | Q2 2014

All data in this report is pulled from the Long Island Real Estate Reports.Throughout the Hamptons residential real estate market is defined as the 12 market areas noted on pages 2 and 3.

The Hamptons Market UpdateSecond Quarter 2014

THE HAMPTONS BROKERAGES

Bridgehampton Brokerage | t. 631.537.6000

East Hampton Brokerage | t. 631.324.6000

Sag Harbor Brokerage | t. 631.725.6000

Southampton Brokerage | t. 631.283.0600

sothebyshomes.com/hamptons

Shelter Island, NY | web: 0037231

http://www.sothebyshomes.com/hamptons

http://www.sothebyshomes.com/hamptons

http://http://www.sothebyshomes.com/hamptons/sales/0037231

SIGNIFICANT SALES | Q2 2014

Market UpdateCompared to the same time last year, overall median prices in the Hamptons have increased, according to the Long

Island Real Estate Report. The $1-2.99 million price category saw an increase of 17 percent both in total units sold and

in sales by total dollar volume versus the same time last year. Sales activity was strongest in Sag Harbor, where total

units sold increased 29 percent. Median selling prices rose most significantly in East Hampton by ten percent followed

by Bridgehampton at four percent.

EAST HAMPTON, NY | Last Asking: $6,600,000East Hampton Brokerage Ann Ciardullo | Associate Broker | 631.907.8470

BRIDGEHAMPTON BROKERAGE | t: 631.537.6000 Debra Reece, VP, Brokerage Manager 2446 Main Street | Bridgehampton, NY 11932

EAST HAMPTON BROKERAGE | t: 631.324.6000John Gicking, VP, Brokerage Manager 6 Main Street | East Hampton, NY 11937

SAG HARBOR BROKERAGE | t: 631.725.6000 Alice H. Bell, SVP, Brokerage ManagerTemporary address same as Southampton Brokerage

SOUTHAMPTON BROKERAGE | t: 631.283.0600Alice H. Bell, SVP, Brokerage Manager50 Nugent Street | Southampton, NY 11968

SAGAPONACK, NY | Last Asking: $10,950,000Bridgehampton BrokerageSharon Stern | Licensed Salesperson | 631.613.7330

WATER MILL, NY | Last Asking: $12,500,000Southampton Brokerage Christina M. Galesi | Licensed Salesperson | 631.227.4919

SOUTHAMPTON, NY | Last Asking: $98,000,000Southampton/East Hampton Brokerages Harald Grant | Associate Broker | 631.227.4913 Edward R. Petrie | Associate Broker | 631.907.8442

4BRIDGEHAMPTON | EAST HAMPTON | SAG HARBOR | SOUTHAMPTON

SINGLE FAMILY HOMES | Q2 2010 2011 2012 2013 2014 % Change(2014 v 2013)

MEDIAN SELLING PRICE $865,000 $999,500 $970,000 $990,000 $1,090,000 10%

AVERAGE SELLING PRICE $1,338,868 $1,588,100 $1,646,978 $1,994,783 $1,851,354 -7%

TOTAL UNITS SOLD 140 122 163 187 154 -18%

BRIDGEHAMPTONSagaponack

Centrally located, Bridgehampton enjoys open farm vistas,

picturesque wineries, and a bustling historic village with

an array of shops, restaurants, and galleries. Minutes

away are miles of ocean beaches and bays with world

class yachting. Home to the finest equestrian event, the

Hampton Classic, as well as numerous art and music

festivals, Bridgehampton offers a sophisticated cultural

life. For the sporting enthusiast there are miles of scenic

roads for biking, riding stables, and golf and tennis clubs

including the famed Atlantic Golf Club.

EAST HAMPTONAmagansett, Montauk, Wainscott

Voted one of the most beautiful villages in the world, East

Hampton retains its historic charm while offering the top

names of fashion and the culinary world in its shops and

restaurants. A vibrant cultural life extends year round with

Guild Hall, the Hamptons International Film Festival, art

gallery exhibits and elegant fundraisers. Beautiful biking

and strolling lanes shaded by majestic elm trees lead

down to miles of ocean beaches and the famed Maidstone

Club. Three Mile Harbor and Gardiners Bay offer prime

waters for sailing or powerboating.


MEDIAN SELLING PRICE $2,150,000 $3,100,000 $3,325,000 $2,037,500 $2,125,000 4%


TOTAL UNITS SOLD 23 33 40 40 35 -13%

AVERAGE SALE PRICE | TOTAL SFH SOLD | Q2


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MEDIAN SELLING PRICE $1,441,000 $1,650,000 $1,235,000 $1,484,500 $1,350,000 -9%


TOTAL UNITS SOLD 84 97 102 94 86 -9%

SAG HARBORNorth Haven, Noyack

The historic whaling village of Sag Harbor exudes Victorian

charm with a picturesque Main Street leading down to a

busy wharf with some of the finest motor yachts in the

world. Homes enjoy spectacular bay views dotted with

sail boats. With a true port feel, Sag Harbor offers diverse

dining options and unique boutiques with international

wares. Famous artists and writers have been drawn to the

rich cultural life and history of Sag Harbor, and the streets

are filled with book stores and art galleries, a cinema and

Bay Street Theatre.

SOUTHAMPTONNorth Sea, Water Mill

Southampton combines its pedigreed past with its

contemporary international culture. Famed hedged

estates lead down to miles of ocean beaches and bay

waters perfect for swimming, sailing or just relaxing.

Southampton enjoys a vibrant social calendar, including

outdoor concerts and elegant fundraisers for charity and

cultural institutions such as its highly regarded Parrish

Art Museum. Home to famed Shinnecock and Sebonack

Golf Clubs and National Golf Links, it is a draw for world-

class golfing.


MEDIAN SELLING PRICE $932,500 $910,000 $710,000 $975,000 $950,000 -3%


TOTAL UNITS SOLD 37 29 39 35 45 29%



6BRIDGEHAMPTON | EAST HAMPTON | SAG HARBOR | SOUTHAMPTON

AVERAGE SELLING PRICE

SALES BY TOTAL DOLLAR VOLUME

PRICE RANGE 2010 2011 2012 2013 2014 % CHANGE(2014 v 2013)

% CHANGE(2014 v 2010)

Up to $999,000 95,631,693 73,418,727 104,652,014 105,674,453 90,471,141 -14% -5%

$1M - $2.99M 171,368,739 197,033,300 230,131,120 201,126,107 235,889,980 17% 38%

$3M - $5.99M 132,342,000 142,365,999 120,791,250 215,810,433 141,096,500 -35% 7%

$6M - $9.99M 55,750,000 68,345,000 105,021,230 82,295,000 73,966,018 -10% 33%

$10M and up 43,500,000 198,700,000 149,058,000 221,410,000 95,575,000 -57% 120%

TOTAL 498,592,432 679,863,026 709,653,614 826,315,993 636,998,639 -23% 28%

20132012

ALL HAMPTONS | 5 Years | Q2 Comparison

Up to $999,000 $1M-$2.99M $3M-$5.99M $6M-$9.99M $10M and up

7 sothebyshomes.com/hamptons

TOTAL UNITS SOLD

PRICE RANGE 2010 2011 2012 2013 2014 % CHANGE(2014 v 2013)

% CHANGE(2014 v 2010)

UP TO $999,000 145 116 164 166 136 -18% -6%

$1M - $2.99M 96 112 127 114 133 17% 39%

$3M - $5.99M 34 35 30 54 33 -39% -3%

$6M - $9.99M 8 9 14 11 10 -9% 25%

$10M AND UP 1 9 9 11 8 -27% 700%

TOTAL 284 281 344 356 320 -10% 13%

20132012

MEDIAN SELLING PRICES

ALL HAMPTONS | 5 Years | Q2 Comparison

Up to $999,000 $1M-$2.99M $3M-$5.99M $6M-$9.99M $10M and up

Hamptons Market Update | Q2 2014

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