[Justin D]

Everyone's always interested in their local real estate market.

To all the real estate agents on this site feel free to add info to this thread on your local market, any trends, notable sales, etc...

I'm based in The Hamptons, NY -

51 Deals In The Hamptons Went Into Contract Over The Past Two Weeks:

1 Deal Over $8million
4 Deals Between $3million and $5million
10 Deals Between $2million and $3million
14 Deals Between $1million and $2million
22 Deals Under $1million

What's happening in your market?

 

[Justin D]

A big one sold this week for $21,000,000 in Sagaponack

 

[TheEngineer]

This is one of the most recent biggest sales at 14.9m

 

[Justin D]

In The Hamptons - 26 Deals Went Into Contract Over The Past Week:

1 Over $10million
1 Deal Between $6million - $9million
4 Deals Between $4million and $6million
10 Deals Between $2million and $4million
10 Deals Under $2million, 6 Deals of which were under $1million

 

[Justin D]

This sold recently for $22,000,000 before it was completed - very cool modern design

 

[Justin D]

This wasn't on the market long either before going into contract - last ask was $48,000,000, located in Southampton

 

[Exotics]

Love the modern design... not too much that most of it is see through and therefore little privacy

 

[avrilcory]

The local real estate market appears to be gathering steam in both volume and breadth. While the global property investment market is predicted to grow by around 6 percent this year. The real estate markets generally experienced and provide you knowledge to determine the listing price for your property, allowing you to obtain the best possible sale price in the shortest amount of time.

Thanks !!!
Yantra Homes

 

[Justin D]

The Hamptons Market Stays Busy - 26 Deals Went Into Contract Over The Past Week:

1 Deal over $30million
2 Deals between $6million and $8million
7 Deals between $2million and $4million
3 Deals between $1million and $2million
13 Deals Under $1million

 

[desert_rat]

that market is a completely different class than anything else.

I believe it was this week purchase mortgage applications were down, housing sale transactions were down too. (seasonal, run up in rates, and inflated sales prices) I agree with analyst for 2014 you will see a normal small % of appreciation.

 

[1flossedm3]

NY Realtor here, but upstate. Nowhere near those prices above. Select homes, but nothing on that kind of scale.

 

[Justin D]

NY Realtor here, but upstate. Nowhere near those prices above. Select homes, but nothing on that kind of scale.

It get's crazy here, but you'll notice the busiest segment is under $1m

 

[Justin D]

Haven't updated in the past couple week due to the Holidays

The Hamptons market continues to be strong - 69 Deals Went Into Contract Over The Past Three Weeks:

1 Deal Over $10million
3 Deals Between $7million and $10million
3 Deals Between $5million and $7million
5 Deals Between $3million and $5million
6 Deals Between $2million and $3million
29 Deals Between $1million and $2million
22 Deals Under $1million

 

[Justin D]

This sold and closed for $75,000,000

This wasn't on the market long either before going into contract - last ask was $48,000,000, located in Southampton

 

[Justin D]

26 Deals Went Into Contract Over The Past Week in The Hamptons:

1 Deal Over $10 million
3 Deals Between $4 million and $7 million
5 Deals Between $2 million and $4 million
7 Deals Between $1 million and $2 million
10 Deals Under $1 million

 

[Justin D]

52 Deals Went Into Contract Over The Past Two Weeks in The Hamptons:

2 Deal Between $5million and $9million
3 Deals Between $3million and $5million
6 Deals Between $2million and $3million
41 Deals Under $2million, 29 Deals of which were under $1million

 

[warrensparadise]

Thought this might make some people laugh...
This just went pending in our local MLS....:

Click the following link to view the Listing:
http://www.mrmlsmatrix.com/DE.asp?k=1774147XC4c6&p=DE-190884377-257


Warren Bullock

 

[Justin D]

87 Deals Went Into Contract Over The Past Two Weeks In The Hamptons:

3 Deals Over $10million
2 Deals Between $7million and $9million
2 Deals Between $6million and $7million
3 Deals Between $4million and $6million
4 Deals Between $3million and $4million
6 Deals Between $2million and $3million
35 Deals Between $1million and $2million
32 Deals Under $1million

 

[Justin D]

10 BIGGEST SALES IN THE HAMPTONS OF 2013

$75,000,000 Wooldon Manor, sold 12/20/13.
16 GIN LANE, SOUTHAMPTON, NY 11968

$62,500,000 Steven A. Cohen, buyer. Closed 6/20/13.
52 FURTHER LANE, EAST HAMPTON, NY 11937

$32,500,000 Sold 8/29/13; Sea Grange LLC to 29 Spaeth LLC
29 SPAETH LANE, EAST HAMPTON, NY 11937

$31,000,000 9/12/13; Stuart and Marni Hersch to 209 Dr LLC
209 DUNE ROAD, WATER MILL, NY 11976

$28,000,000 Normandy House finally sold, after years of pricechops.
408 FIRST NECK LANE, SOUTHAMPTON, NY 11968

$25,000,000 Michael Kulukundis to 320 Murray Pl LLC. Closed 5/14/13.
320 MURRAY PLACE, SOUTHAMPTON, NY 11968

$25,000,000 Land. 7/24/13; Topping Investment LLC to 322 Ocean Road LLC
322 OCEAN ROAD, BRIDGEHAMPTON, NY 11932

$24,000,000 Teddy Forstmann's former estate. Closed 5/7/2013.
1900 MEADOW LANE, SOUTHAMPTON, NY 11968

$24,000,000 This Philip Johnson house sold on 4/29/13 from one LLC to another.
39 FAIRFIELD POND LANE, SAGAPONACK, NY 11962

$21,632,455 Margaret A Naughton and Michael J Naughton to Neil Smith. Sold on 1/16/13.
466 GIN LANE, SOUTHAMPTON, NY 11968

​

 

[1flossedm3]

Justin, good stuff. Thanks for keeping us updated downstate. If you have or know of any clients upstate (outside Albany) that need assistance send them my way. I'll do the same for you downstate.