Real Estate News

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

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