MARKET REPORTS

Q4, 2016

The four-year run of billion dollar 4th quarters in the Hamptons real estate market (east of the Shinnecock Canal) came to an end with a total dollar volume of $734,883,767 on 294 sales, a 42% decline in dollar volume and a 34% decline in sales over last year, respectively.

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Q3, 2016

The total dollar volume sold in the Hamptons real estate market (east of the Shinnecock Canal) in Q3 dropped 8% from the same period last year. However, to provide some perspective, that volume is 57% higher than Q3 of 2012.

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Q2, 2016

In the Hamptons real estate market (east of the Shinnecock Canal) in Q2, total units sold dipped 13% and total dollar volume fell 26%; but I am happy to report a productive quarter with 6 closed deals.

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Q1, 2016

On the heels of the fourth consecutive billion dollar Q4 in the Hamptons real estate market (east of the Shinnecock Canal), total dollar volume had a slight 1% decline over last year with $836,464,331 in sales from 351 transactions, a 16% decline.

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Q4, 2015

Although dollar volume and units sold declined 16% and 19% respectively in Q4, the Hamptons real estate market (east of the Shinnecock Canal) posted the fourth consecutive billion dollar Q4 with $1,195,431,475 in dollar volume from 411 sales.

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Q3, 2015

Partly in response to a volatile global financial climate, sales activity and volume dipped 7% and 11% respectively in the Hamptons real estate market while median and average sales prices rose in most hamlets.

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Q2, 2015

Skip the headlines that say this was the Hamptons* home market’s softest Q2 since 2011 and chalk it up to the inevitable cool down of the sizzling $1-3M AND $3-6M segments, which still accounted for 28% and 19% respective shares of the dollar volume.

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Q1, 2015

No surprises here- the uncharacteristically long and bitter Hamptons winter meant a slower than usual Q1 in the Hamptons Real estate market.

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Q4, 2014

2014 went out with a bang-- Q4’s 340 sales* (from Southampton eastward) were the most in a quarter since 2005, a decade ago.

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Q3, 2014

Price points best explain the story of a stable third quarter, highlighted by 77% growth in the $10M-plus range from $168.7M in dollar volume which accounted for 26% of the market from Southampton to East Hampton.

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Q2, 2014

High end sales grabbed headlines last quarter but the widely accessible $1-3M range dominated this quarter in Hamptons sales. There were 133 sales for $235,889,980 in dollar volume in the $1-3M range, a 17% increase over last year and a 50% increase over last quarter.

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Q1, 2014

With a strong rebound from post-“fiscal cliff ” lows, the Hamptons real estate market posted significant overall gains in total dollar volume (319%) and total units sold (140%) over last year’s first quarter with dollar volume increases in every price range and every hamlet.

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Q4, 2013

Culminating the year with significant overall activity, the Hamptons real estate market posted a 19 percent gain in total units sold during the fourth quarter of 2013 versus the same period in 2012, according to the Long Island Real Estate Reports.

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Q3, 2013

Following the heartiest spring since 2006, the summer kept pace with the strongest third quarter since 2005, posting a 26% increase in total units sold and a 37% increase in total dollar volume versus the same period last year.

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Q2, 2013

During the second quarter of 2013, Hamptons real estate experienced an active spring market, with overall dollar volume up 10% versus the second quarter of 2012. Most notably, dollar volume was up a significant 75% in the $3,000,000 to $5,999,999 price range.

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