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Hamptons.com
September 3, 2015

Sotheby’s Jennifer Wilson On The Hamptons Real Estate Market, Emerging Trends, And The Most Sought-After Areas

Nicole Barylskiby Nicole Barylski
in Real Estate
Home Real Estate

“I love the quiet, out of the way places [in the Hamptons],” shared Jennifer Wilson, Licensed Salesperson with Sotheby’s International Realty. “The places that made people come out here to begin with. Sammy’s Beach is an example of this.”

Wilson, who has been in real estate for 8 years, represents buyers and sellers from Southampton to Montauk. “There are a lot of great agents in the Hamptons,” said Wilson. “I work hard for my buyers and sellers and I am fully dedicated to getting them the best result. Buying and selling real estate is very personal and an important part of someone’s financial future. I take that responsibility very seriously.”

The East Hampton resident loves the East End’s seaside location. “The ocean is a very big part of my life and my family history in East Hampton,” noted Wilson. “I grew up on Georgica Beach with my Dad as an ocean lifeguard there. My brothers followed in his footsteps. The jetty at Georgica is one of my special places, especially in the evening.”

Jennifer Wilson. (Courtesy Photo)

If “location” is the first rule in real estate, what is the second? Why?
JW: Know your market. The Hamptons market has the high-end luxury section with homes well over $7 million and on the flip side, homes under $500,000, plus all of the great homes in between. Where are the buyers right now? The majority of buyers are in the middle, upward of $2 million, and under $10 million. On the lower end of the market, under $700,000, inventory has decreased resulting in more of a seller’s market at that price point. In all price points, most buyers want something completely done.

What is your forecast for the summer/fall real estate season in the Hamptons?
JW: The market is busy right now. I had most of my sales this year occur between January and May. It quieted down for a few weeks, and is now very busy again. As the summer comes to an end, both buyers and sellers become serious. I believe that we will have a very busy fall selling season as interest rates are still low, and there are a lot of buyers in the market.

What are the emerging trends in architecture?
JW: Brand new modern. No question. And there is a lack of inventory in all price points. If a spec builder wanted to become the modern version of Farrell, they would kill it.

How have buyers/sellers changed over the past two years?
JW: The market is shifting back to a seller’s market. In terms of how buyers have changed, they are armed with information before they even meet a broker. Websites such as Street Easy, Zillow and Trulia have made this possible. When it comes to unique features and amenities, homes in the Hamptons have it all.

What are some of your favorites/amenities that really stand out?
JW: Great outdoor spaces. Outdoor kitchens and patios that look like you are at a resort. You can create that look at any home in any price point.

Which towns/villages are the most sought-after right now?
JW: Montauk, Sag Harbor and Amagansett south.

What is so special about the Hamptons real estate market?
JW: When people think about the Hamptons, they think about the ocean and the quaint villages. There are so many different areas with different landscapes, from the woods in Northwest Woods, to the bay in places such as Gerard Drive in Springs. The Amagansett Dunes is completely different than south of the highway in East Hampton. There is a place for everyone. When I am out with a new buyer who is not very familiar [with the area], there is an education period where I show them properties in all different areas, until they realize for themselves what they love and where they want to live.

Tell us about one of your favorite listings on the market right now.
JW: My favorite listing right now is 4 Apaquogue Road in East Hampton, a year round rental. I love this listing. It is a Bates Masi house in the best part of Georgica. The house is beautiful with a lot of light and open spaces. The woodwork and the oversized windows are gorgeous. The house has a lot of room with 3 levels of living space, a screened porch and a pool house.

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Life@Nite: Labor Day Weekend Brings Final Summer Sets

Life@Nite: Labor Day Weekend Brings Final Summer Sets

  • LVIS thrift shops are open Tuesdays through Saturdays 10 AM through 5 PM

donations are accepted Wednesday through Saturday 10 AM through 1 PM by appointment 

located at 95 Main St East Hampton
  • Check out the Top Hamptons Events This Weekend!⁠
⁠
🚗 The Bridge IX⁠
📅 Sat, Sept 13 | 2–7PM⁠
📍 The Bridge, Bridgehampton⁠
Over 300 rare automobiles showcased across stunning landscapes.⁠
⁠
🎬 23rd Annual Surf Movie Night⁠
📅 Fri, Sept 12 | 5:30–9PM⁠
📍 Southampton Arts Center⁠
Surfboard swap, live music & outdoor film screening. 🌊⁠
⁠
🍝 San Gennaro Feast of the Hamptons⁠
📅 Sat, Sept 13 – Sun, Sept 14 | 10AM⁠
📍 Hampton Bays⁠
Italian pastries, live entertainment & fireworks Sat @ 8:15PM 🎆⁠
⁠
🎭 In Process: Roderick George⁠
📅 Sat, Sept 13 | 7PM⁠
📍 Guild Hall, East Hampton⁠
A special in-process presentation of The Missing Fruit (Part I).⁠
⁠
🎤 Sheena Easton at WHBPAC⁠
📅 Sat, Sept 13 | 8PM⁠
📍 Westhampton Beach PAC⁠
Grammy-winning artist live on stage!⁠
⁠
☕ Cars & Coffee⁠
📅 Sun, Sept 14 | 9–11AM⁠
📍 Bridgehampton Museum⁠
Classic & exotic cars, food, drinks & live music.⁠
⁠
🛍 Hampton Vintage⁠
📅 Sun, Sept 14 | 10AM–5PM⁠
📍 Westhampton Beach Village Green⁠
Shop unique vintage finds!⁠
⁠
🎶 Hamptons Festival of Music Finale⁠
📅 Sun, Sept 14 | 4PM⁠
📍 St. Luke’s Church, East Hampton⁠
Featuring Cimarosa, Berlioz & Beethoven.⁠
⁠
🍷 Wine Dinner with Pradorey at R.AIRE⁠
📅 Tues, Sept 16 | 6:30PM⁠
📍 Hampton Bays⁠
Five-course tasting menu with exquisite wine pairings.⁠
⁠
🎥 Toy Story 30th Anniversary Screening⁠
📅 Sept 12–15 | Various Times⁠
📍 Southampton Playhouse⁠
Celebrate Woody & Buzz’s timeless adventure!⁠
⁠
Check out more events at Hamptons.com (Link in Bio)⁠
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#carshow #hamptons #sangennaro #sangennarofeast #winedinner #bridgeIX
  • The Animal Rescue Fund of the Hamptons (ARF Hamptons) hosted the Bow Wow Meow Ball in East Hampton. The evening’s honorees, Ellen and Chuck Scarborough, were presented with the Champion of Animals Award, recognizing their more than twenty-five years of support to ARF. ⁠
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Over 400 guests celebrated ARF’s remarkable work with cocktails, followed by dinner catered by Olivier Cheng. Peter Marino, accompanied by his daughter and ARF Board Member Isabelle Trapnell Marino, presented the Scarboroughs with their award. ⁠
⁠
📸: Patrick McMullan/PMC⁠
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Check out the full gallery at Hamptons.com (Link in Bio)⁠
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#arf #bowwowmeowball #hamptons #animalrescuefund #animalrescue
  • Make sure to add this event to your list for next summer
#Seafood #localeats #mtk #montaukgreen
  • I recently toured the new Rolex Boutique by London Jewelers in East Hampton, and it’s one of the most beautiful retail spaces I’ve ever stepped into. Located on Newtown Lane, the boutique is set inside a restored historic home that dates back to 1897, originally designed as a summer cottage.⁠
⁠
From the outside, it has that classic East Hampton charm, cedar shingles, white trim, and lush landscaping. But once you step inside, it’s all about quiet sophistication.⁠
⁠
The space is warm and welcoming, with walnut wood paneling, soft neutral tones, and beautiful textures throughout. There’s a fluted marble wall in a rich green Verdi Alpi stone that immediately catches your eye. It’s one of those details that’s understated but unmistakably Rolex.⁠
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Read the full article at Hamptons.com (Link in Bio)⁠
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#rolex #easthampton #hamptons #luxury #watch⁠
  • 🎾 Men’s US Open Final Viewing Party⁠
📅 Sun, Sept 7 • 2–5PM⁠
📍 Canoe Place Inn, Hampton Bays⁠
Watch the riveting Men’s US Open Final with drinks, grilled classics & fellow tennis fanatics in the lush garden.⁠
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🦞 Montauk Seafood Festival⁠
📅 Sat, Sept 6 – Sun, Sept 7 • 12–5PM⁠
📍 On the Green, Montauk⁠
The ultimate seafood event in the Hamptons! Lobster rolls, fish tacos, chowder, oysters & more 🐚🍤⁠
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🩰 Master Class w/ Kat Wildish⁠
📅 Sat, Sept 6⁠
📍 Hamptons Ballet Theatre School, Bridgehampton⁠
Open-level adult ballet class with world-renowned former NYCB & ABT dancer Kat Wildish. One day only!⁠
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🎶 Hamptons Festival of Music⁠
📅 Sat, Sept 6 • 7PM⁠
📍 St. Luke’s Episcopal Church, East Hampton⁠
THFM’s MainStage Festival Orchestra featuring The New American Sinfonietta 🎻✨⁠
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🌾 Outstanding in the Field (Sagaponack)⁠
📅 Sun, Sept 7 • 3PM⁠
Dine where the food is grown! Guest chef Jason Weiner returns for his 19th year 🍽️🌱⁠
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😂 Samantha Bee Live⁠
📅 Sat, Sept 6 • 8PM⁠
📍 WHBPAC, Westhampton Beach⁠
Award-winning comedian Samantha Bee brings her one-woman show to the Hamptons!⁠
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🍴 Stirring The Pot: Andrew Carmellini⁠
📅 Sun, Sept 7 • 11AM⁠
📍 Guild Hall, East Hampton⁠
NYT’s Florence Fabricant interviews star chef Andrew Carmellini about his restaurant empire.⁠
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🌕 Full Harvest Moon Hike⁠
📅 Sun, Sept 7 • 7:30PM⁠
📍 Meet at SOFO Museum, Bridgehampton/Sag Harbor Tpke⁠
Walk under the moonlight with Friends of the Long Pond Greenbelt 🌙✨⁠
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🎨 Style Beading Workshop⁠
📅 Fri, Sept 5 • 1PM⁠
📍 Nathaniel Rogers House, Bridgehampton⁠
Join Indigenous artist Savannah LeCornu to learn traditional beading techniques.⁠
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⛳ A Legendary Day at Sebonack!⁠
📅 Tues, Sept 9 • 8:30AM–5PM⁠
📍 Sebonack Golf Club, Southampton⁠
An unforgettable day of golf supporting Westhampton Beach PAC 🌟⁠
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👉 Which event are you going to this weekend?⁠
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Check out more events at Hamptons.com (Link in Bio)⁠
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#community #entertainment #hamptons #usopen #golf #comedy #seafood #montauk
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