Monday, August 8, 2022
Subscribe to Guide
No Result
View All Result
Hamptons.com
  • Live Cameras
    • All Live Cameras
    • Live! Weather Cams
    • 39A Corner
    • Main Beach
    • South Ferry
    • Coopers Beach
    • Southampton Village (South)
    • Southampton Village (North)
    • Southampton Village (Hildreths)
    • Downtown Circle Montauk
    • Long Island Aquarium | Shark Tank
    • Long Island Aquarium | Coral Reef
    • Tiana Beach
    • Ponquogue Beach
    • Ponquogue Bridge
    • Shinnecock Fishing Dock
    • Village Main Street
    • Downtown Sag Harbor
    • Windmill Beach Sag Harbor
    • Foster Memorial Beach
    • Conscience Point Marina
  • Public WiFi
  • Happening
    • Arts
    • Community
    • Dining
    • Entertainment
    • Kids
    • Recreation
    • Real Estate
    • Events Calendar
    • Post an Event
    • Gallery
    • Spotlight
  • Real Estate
    • Open Houses
    • Search Sales
    • Search Rentals
    • Recorded Sales
    • Title Insurance
  • Live Cameras
    • All Live Cameras
    • Live! Weather Cams
    • 39A Corner
    • Main Beach
    • South Ferry
    • Coopers Beach
    • Southampton Village (South)
    • Southampton Village (North)
    • Southampton Village (Hildreths)
    • Downtown Circle Montauk
    • Long Island Aquarium | Shark Tank
    • Long Island Aquarium | Coral Reef
    • Tiana Beach
    • Ponquogue Beach
    • Ponquogue Bridge
    • Shinnecock Fishing Dock
    • Village Main Street
    • Downtown Sag Harbor
    • Windmill Beach Sag Harbor
    • Foster Memorial Beach
    • Conscience Point Marina
  • Public WiFi
  • Happening
    • Arts
    • Community
    • Dining
    • Entertainment
    • Kids
    • Recreation
    • Real Estate
    • Events Calendar
    • Post an Event
    • Gallery
    • Spotlight
  • Real Estate
    • Open Houses
    • Search Sales
    • Search Rentals
    • Recorded Sales
    • Title Insurance
No Result
View All Result
Hamptons.com

Sag Harbor Is Hot While Southampton Village And East Hampton Village Cool Down

Nicole Barylski by Nicole Barylski
July 19, 2016
in Real Estate
Home Real Estate

The second quarter of 2016 was a challenging time for the Hamptons real estate market, according to a new report from Town and Country.

Home sales were down in eight of the 12 hamlets, and Total Homes Sales Volume and Median Home Sales Price also took a hit with a decline in nine of the 12 locales.

East Hampton Village, where the median home sales price is $2,375,000, suffered a drop of 53 percent in Total Homes Sales Volume (from $95 million to $45 million year to year), which was the greatest decline of all markets. Southampton Village, where the median home sales price is $1,650,000, also saw a dramatic drop of 48 percent from $86 million to $45 million. These statistics are similar to the 2015 report in comparison to 2014, making some wonder if this is becoming a trend.

“While the 2nd Quarter Home Sales Report proved what I have said about the $10 million and up price categories being hit the hardest, I do anticipate the next three months will see a seasonal up tick on the high end,” explained Judi A. Desiderio, President, Town and Country. “Though, it is the stock market trajectory that dictates Hamptons high end sales. Just another cycle.”

While Sag Harbor, which covers Noyack and North Haven as well, was on the rise. The area earned the largest gain in the Number of Home Sales with a 100 percent jump from 17 in 2015 to 34 in 2016. The Total Homes Sales Volume more than doubled from the previous year from $23.5 million to $58 million. Sag Harbor area’s median home sales price was $1,191,700.

Shelter Island also showed promise with an increase in the Number of Home Sales, Total Homes Sales Volume and Median Home Sales Price ($950,000).

But, transactions in Amagansett have cooled down with 35 percent fewer homes leaving the market. Town & Country anticipates this was due to a price sensitivity, as Median Home Sales Prices are close to $2 million, both north and south of the highway.

Previous Post

Hamptons Theater Review: Opening Night Of “The Absolute Brightness Of Leonard Pelkey”

Next Post

Actress, Singer, And Dancer, Sutton Foster, To Perform At The Westhampton Beach Performing Arts Center

Nicole Barylski

Nicole Barylski

Next Post
Actress, Singer, And Dancer, Sutton Foster, To Perform At The Westhampton Beach Performing Arts Center

Actress, Singer, And Dancer, Sutton Foster, To Perform At The Westhampton Beach Performing Arts Center

ADVERTISE

SEARCH ARTICLES

No Result
View All Result

Categories

  • Arts (2,179)
  • Community (1,932)
  • Dining (814)
  • Entertainment (982)
  • Featured (297)
  • Gallery (2,154)
  • Kids (52)
  • Real Estate (651)
  • Recreation (1,605)
  • Spotlight (38)
  • Growing Up Getty Book Publication Celebration at Canoe Place Inn

On Friday evening, July 29th  the beautifully restored Canoe Place Inn in Hampton Bays was the setting for a celebration of the publication of Growing Up Getty: The Story of America’s Most Unconventional Dynasty by James Reginato. Hamptons.com spoke with the author about his background and his new book. Mr. Reginato has a distinguished career in publishing, having been with Vanity Fair Magazine for 15 years. Previously, he served as features editor of W Magazine. @canoeplace @jamesnreginato

Read the full article at Hamptons.com (Link in Bio) #author #hamptonbays #hamptons #canoeplace
  • As Local as It Gets, Sundaes on Main Now Open

You may have noticed a new frozen yogurt shop opened on Main Street in Bridgehampton. At first glance, you think surely it must be an NYC business making a run for Hamptons customers. How wrong you would be—”Sundaes on Main” is as local as it gets. @sundaes_on_main

Read the full article at Hamptons.com (Link in Bio) #frozenyogurtshop #sundaes #sundaesonmain #bridgehampton #local #hamptons
  • Hope for Depression Research Foundation Launches ‘Week of Hope’

The Week of Hope was created by HDRF in 2018 as a kick-off to the annual Race of Hope 5K to Defeat Depression but has been on hiatus since the start of the pandemic in 2020.  The balloons will be up from July 27 through August 6th, culminating with the Race of Hope on Sunday, August 7th. Celebrity Grand Marshal Candace Bushnell will join Co-Grand Marshals Audrey Gruss and HDRF Board member and East Hampton resident Arthur Dunnam, as they lead participants around Lake Agawam at 8:30 AM. @hope_hdrf

Read the full article at Hamptons.com (Link in Bio) #weekofhope #5k #mentalhealth #hamptons
  • Brooks Pilates Takes Over August Out East

This August, for the whole month, Brooks Pilates will be at Hero Beach Club and Topping Rose in the Hamptons where Sarah will be teaching group mat classes. They are also doing partnerships with 111Skin, DKNY, OraSpace, FaceGym and Healthrover. More about events and scheduling can be found on their website.

Sarah is excited about her series on the East End and enjoying her time both on and off the mat in the Hamptons. She can’t wait to greet the Brooks Pilates clientele this August out East. She spoke more about her background, the success of her business, and what she is most looking forward to in the Hamptons. @sarahbrookspilates

Read the full article at Hamptons.com (Link in BIo) #brookspilates #sarahbrooks #pilates #montauk #hamptons #herobeachclub
  • Shell It Out Hamptons, Benefiting South Fork Sea Farmers

South Fork Sea Farmers’ 4th annual “Shell it Out” fundraiser is happening August 7, 2022 in Springs from 4pm to 6:30pm. The event features a silent auction with goods and services donated by local businesses which support the mission of South Fork Sea Farmers. Most notably, three incredible East End artists – Daniel Vernola, Aaron Warkov and Kurt Giehl – will be creating a series of pieces for the auction. @southforkseafarmers  @kurtgiehl @warkovhamptons @danielhughesvernola

Read the full article at Hamptons.com (Link in Bio) #shellitout #oysters #oysterfarming #benefit #art #community
  • Lifestyle Expert Vanessa Gordon on Wanderlust and Experiencing the East End

Vanessa Gordon is a Hampton’s lifestyle and travel expert, author, and founder/publisher of East End Taste Magazine. She also hosts The Hamptons Interactive Brunch. Her articles regularly appear in Modern Luxury Publications, the Independent Newspaper, Thrillist, and others. She has been featured in and quoted in top-tier national media outlets. She lives in Sag Harbor with her husband and two children. @vanessapgordon

Hamptons.com sat down with Vanessa to talk about travel tips, wanderlust, and The Hamptons Interactive Brunch.

Read the full article at Hamptons.com (Link in Bio) #hamptonsonline #vanessagordon #lifestyle #eastend #hamptonsinteractivebrunch #brunch
Facebook Twitter Instagram Youtube
Hamptons.com

Saunders Broadcasting Corp.

Phone: 631-405-3902
Email: [email protected]
Facebook: Facebook.com/HamptonsOnline
Twitter: @Hamptons
Instagram: @HamptonsOnline

Contact Us

Happening in the Hamptons

  • Arts
  • Community
  • Dining
  • Entertainment
  • Featured
  • Gallery
  • Kids
  • Real Estate
  • Recreation
  • Spotlight

Subscribe

Get daily news updates to your inbox!

Subscribe to our mailing list to receives daily updates!

© 2021 Hamptons.com | All rights reserved
Saunders Broadcasting Corp.
Terms & Conditions | Privacy Policy | Contact Us

No Result
View All Result
  • Live Cameras
    • All Live Cameras
    • Live! Weather Cams
    • 39A Corner
    • Main Beach
    • South Ferry
    • Coopers Beach
    • Southampton Village (South)
    • Southampton Village (North)
    • Southampton Village (Hildreths)
    • Downtown Circle Montauk
    • Long Island Aquarium | Shark Tank
    • Long Island Aquarium | Coral Reef
    • Tiana Beach
    • Ponquogue Beach
    • Ponquogue Bridge
    • Shinnecock Fishing Dock
    • Village Main Street
    • Downtown Sag Harbor
    • Windmill Beach Sag Harbor
    • Foster Memorial Beach
    • Conscience Point Marina
  • Public WiFi
  • Happening
    • Arts
    • Community
    • Dining
    • Entertainment
    • Kids
    • Recreation
    • Real Estate
    • Events Calendar
    • Post an Event
    • Gallery
    • Spotlight
  • Real Estate
    • Open Houses
    • Search Sales
    • Search Rentals
    • Recorded Sales
    • Title Insurance

© 2021 Hamptons.com | All rights reserved
Saunders Broadcasting Corp.
Terms & Conditions | Privacy Policy | Contact Us