Stats Entertainment! East End Real Estate by the Numbers
Stats Entertainment delves into the numbers in the Hamptons and North Fork real estate markets.
Total Home Sales Volume (THSV)
First Half 2014 First Half 2013 Amagansett 147,300,000 77,021,458 East Hampton Village 145,020,000 152,600,000 Hampton Bays 54,455,798 21,651,716 Montauk 65,913,418 77,481,000 Sag Harbor Village 62,251,426 30,675,000 Shelter Island 54,031,875 29,547,250 Southampton Village 178,013,473 154,309,056
Want an Oceanfront Home in Wainscott?
7: Total number of oceanfront properties in the hamlet
3: Number of those properties on the market
3,000: Approximate square feet of each home for sale
$26.5 million: Asking price for the most expensive—J. Crew CEO Mickey Drexler’s place at 120 Beach Lane
500%
The increase in the first half of 2014, compared with the same time period one year ago, for home sales in the $2 million to $3.49 million price range on the North Fork. The year-over-year rise in Total Home Sales Volume on the North Fork for the first half was 75.5%.
$2.6 million
Median sales prices for homes in the Village of East Hampton during the second quarter of 2014—the highest median sales price for that period anywhere in the Hamptons
28/29
Dune Road address of the only home on that renowned stretch of street that offers builds on both the ocean and the bay…and which recently went off the market after selling for just under $14 million.
16
Homes sold for $10 million or more in the Hamptons during the first half of 2014, continuing a rising trend over the 14 sold in that price range in the first half of 2013 and the 13 sold in that period in 2012.
So You Want to Own a Long Island Vineyard?
Palmer Vineyards
$5.375 Million: Price Tag
60.3 Acres
2-Acre Building Lot
5120 Sound Avenue, Aquebogue
100% Estate Grown and Produced Wine
Sources: The Corcoran Group, Douglas Elliman, Daniel Gale Sotheby’s International Realty, Town and Country Real Estate, Zillow