All data in this report is pulled from the Long Island Real Estate Reports.Throughout the Hamptons residential real estate market is defined as the 12 market areas noted on pages 2 and 3.

The Hamptons Market UpdateFourth Quarter 2014

THE HAMPTONS BROKERAGES

Bridgehampton Brokerage | t. 631.537.6000

East Hampton Brokerage | t. 631.324.6000

Sag Harbor Brokerage | t. 631.725.6000

Southampton Brokerage | t. 631.283.0600

sothebyshomes.com/hamptons

Water Mill, NY | web: 0056234

SIGNIFICANT SALES | Q4 2014

Market UpdateIn the fourth quarter of 2014, the Hamptons real estate market continued its positive upswing. According to the Long Island Real Estate Report, from Q4 2013 to Q4 2014, there was a 57 percent overall increase in average sales price in all areas while properties in the $1-2.9M category showed an 11 percent increase in average sales price. Overall sales volume in the Hamptons increased 74 percent when compared to Q4 2013, and there was a notable 274 percent increase in sales volume in the above $10M category as units in this category increased 144 percent and the average sales price increased 53 percent from $16M to $24.5M due to several very substantial transactions. As far as closings, total closed units increased 11 percent versus the same time last year and three out of the four areas showed double-digit increases in closed units priced over $10M. A significant decline to note: properties priced at less than $1M showed an 17 percent overall decline in closed units.

EAST HAMPTON, NY I Last Asking: $93,900,000East Hampton BrokerageEdward R. Petrie I Associate Broker I 631.907.8442Frederick Butti I Associate Broker I 631.907.8441

BRIDGEHAMPTON BROKERAGE | t: 631.537.6000 Debra Reece, VP, Brokerage Manager 2446 Main Street | Bridgehampton, NY 11932

EAST HAMPTON BROKERAGE | t: 631.324.6000John Gicking, VP, Brokerage Manager 6 Main Street | East Hampton, NY 11937

SAG HARBOR BROKERAGE | t: 631.725.6000 Alice H. Bell, SVP, Brokerage Manager35 Main Street | Sag Harbor, NY 11963

SOUTHAMPTON BROKERAGE | t: 631.283.0600Alice H. Bell, SVP, Brokerage Manager50 Nugent Street | Southampton, NY 11968

WATER MILL, NY | Last Asking: $14,995,000 Southampton Brokerage Harald Grant | Associate Broker | 631.227.4913Christina M. Galesi | Licensed Salesperson | 631.227.4919

SOUTHAMPTON, NY | Last Asking: $35,000,000Bridgehampton BrokerageBeate V. Moore | Associate Broker | 631.613.7316

SAG HARBOR, NY | Last Asking: $2,850,000 East Hampton Brokerage Kathy Konzet | Licensed Salesperson | 631.907.8455Zacheriah and Ethan Dayton | Licensed Salespersons | 631.907.8466

FEATURED LISTINGS

SOUTHAMPTON, NY | $5,095,000 | Web ID: 0037606 Bridgehampton Brokerage Sharon Stern | Licensed Salesperson | 631.613.7330

SOUTHAMPTON, NY | $4,295,000 | Web ID: 0056605Southampton Brokerage Lawrence G. Ingolia | Associate Broker | 631.227.4931

EAST HAMPTON, NY I $3,375,000 I Web ID: 0046177East Hampton BrokerageNeil G. Hausig I Associate Broker I 631.907.8460

SAGAPONACK, NY I $8,950,000 I Web ID: 0043879East Hampton BrokerageRylan Jacka I Associate Broker I 631.907.8475Melissa Green I Licensed Salesperson I 631.613.7333

EAST HAMPTON , NY | $13,900,000 | Web ID: 0037586Bridgehampton BrokerageDana Trotter | Associate Broker | 631.613.7346

SHELTER ISLAND, NY | $13,950,000 | Web ID: 0056535Southampton BrokerageJonathan Smith | Licensed Salesperson | 631.227.4950 Michael Conroy | Licensed Salesperson | 631.227.4942

4BRIDGEHAMPTON | EAST HAMPTON | SAG HARBOR | SOUTHAMPTON

SINGLE FAMILY HOMES | Q4 2010 2011 2012 2013 2014 % Change(2014 v 2013)

MEDIAN SELLING PRICE $980,000 $750,000 $1,082,500 $940,000 $1,340,000 43%

AVERAGE SELLING PRICE $1,748,261 $1,691,492 $2,357,398 $1,507,952 $2,476,228 64%

TOTAL UNITS SOLD 72 97 118 138 158 14%

BRIDGEHAMPTONSagaponack

Centrally located, Bridgehampton enjoys open farm vistas,

picturesque wineries, and a bustling historic village with

an array of shops, restaurants, and galleries. Minutes

away are miles of ocean beaches and bays with world

class yachting. Home to the finest equestrian event, the

Hampton Classic, as well as numerous art and music

festivals, Bridgehampton offers a sophisticated cultural

life. For the sporting enthusiast there are miles of scenic

roads for biking, riding stables, and golf and tennis clubs

including the famed Atlantic Golf Club.

EAST HAMPTONAmagansett, Montauk, Wainscott

Voted one of the most beautiful villages in the world, East

Hampton retains its historic charm while offering the top

names of fashion and the culinary world in its shops and

restaurants. A vibrant cultural life extends year round with

Guild Hall, the Hamptons International Film Festival, art

gallery exhibits and elegant fundraisers. Beautiful biking

and strolling lanes shaded by majestic elm trees lead

down to miles of ocean beaches and the famed Maidstone

Club. Three Mile Harbor and Gardiners Bay offer prime

waters for sailing or powerboating.

SINGLE FAMILY HOMES | Q4 2010 2011 2012 2013 2014 % Change(2014 v 2013)

MEDIAN SELLING PRICE $3,300,000 $3,400,000 $2,892,500 $3,725,000 $3,030,000 -19%

AVERAGE SELLING PRICE $4,056,148 $5,128,157 $3,925,130 $4,636,708 $7,652,908 65%

TOTAL UNITS SOLD 23 25 38 27 38 41%

AVERAGE SALE PRICE | TOTAL SFH SOLD | Q4

AVERAGE SALE PRICE | TOTAL SFH SOLD | Q4

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5 sothebyshomes.com/hamptons

SINGLE FAMILY HOMES | Q4 2010 2011 2012 2013 2014 % Change(2014 v 2013)

MEDIAN SELLING PRICE $980,000 $1,037,500 $1,595,000 $1,375,000 $1,360,000 -1%

AVERAGE SELLING PRICE $1,916,657 $1,868,822 $2,649,130 $3,019,726 $4,155,476 38%

TOTAL UNITS SOLD 46 62 64 87 95 9%

SAG HARBORNorth Haven, Noyack

The historic whaling village of Sag Harbor exudes Victorian

charm with a picturesque Main Street leading down to a

busy wharf with some of the finest motor yachts in the

world. Homes enjoy spectacular bay views dotted with

sail boats. With a true port feel, Sag Harbor offers diverse

dining options and unique boutiques with international

wares. Famous artists and writers have been drawn to the

rich cultural life and history of Sag Harbor, and the streets

are filled with book stores and art galleries, a cinema and

Bay Street Theatre.

SOUTHAMPTONNorth Sea, Water Mill

Southampton combines its pedigreed past with its

contemporary international culture. Famed hedged

estates lead down to miles of ocean beaches and bay

waters perfect for swimming, sailing or just relaxing.

Southampton enjoys a vibrant social calendar, including

outdoor concerts and elegant fundraisers for charity and

cultural institutions such as its highly regarded Parrish

Art Museum. Home to famed Shinnecock and Sebonack

Golf Clubs and National Golf Links, it is a draw for world-

class golfing.

SINGLE FAMILY HOMES | Q4 2010 2011 2012 2013 2014 % Change(2014 v 2013)

MEDIAN SELLING PRICE $1,500,000 $807,500 $1,160,000 $925,000 $1,015,000 10%

AVERAGE SELLING PRICE $1,299,165 $1,172,653 $1,586,990 $1,233,320 $1,551,165 26%

TOTAL UNITS SOLD 17 36 39 55 49 -11%

AVERAGE SALE PRICE | TOTAL SFH SOLD | Q4

AVERAGE SALE PRICE | TOTAL SFH SOLD | Q4

6BRIDGEHAMPTON | EAST HAMPTON | SAG HARBOR | SOUTHAMPTON

AVERAGE SELLING PRICE

SALES BY TOTAL DOLLAR VOLUME

PRICE RANGE 2010 2011 2012 2013 2014 % CHANGE(2014 v 2013)

% CHANGE(2014 v 2010)

Up to $999,000 46,808,072 68,422,449 65,810,780 102,721,330 86,774,566 -16% 85%

$1M - $2.99M 96,279,127 109,872,740 158,197,791 156,397,206 244,389,692 56% 154%

$3M - $5.99M 63,235,000 71,910,900 168,835,551 132,027,500 190,074,592 44% 201%

$6M - $9.99M 50,640,000 89,985,000 118,733,200 128,315,000 91,550,000 -29% 81%

$10M and up 72,456,000 110,170,000 147,187,500 144,376,110 540,043,000 274% 645%

TOTAL 329,418,199 450,361,089 658,764,822 663,837,146 1,152,831,850 74% 250%

20142013

ALL HAMPTONS | 5 Years | Q4 Comparison

Up to $999,000 $1M-$2.99M $3M-$5.99M $6M-$9.99M $10M and up

7 sothebyshomes.com/hamptons

TOTAL UNITS SOLD

PRICE RANGE 2010 2011 2012 2013 2014 % CHANGE(2014 v 2013)

% CHANGE(2014 v 2010)

UP TO $999,000 74 116 108 152 126 -17% 70%

$1M - $2.99M 56 68 84 95 134 41% 139%

$3M - $5.99M 16 17 41 33 46 39% 188%

$6M - $9.99M 7 12 16 18 12 -33% 71%

$10M AND UP 5 7 10 9 22 144% 340%

TOTAL 158 220 259 307 340 11% 115%

20142013

MEDIAN SELLING PRICES

ALL HAMPTONS | 5 Years | Q4 Comparison

Up to $999,000 $1M-$2.99M $3M-$5.99M $6M-$9.99M $10M and up

EAST HAMPTON, NY

Web ID: 0045284 I $24,750,000

East Hampton Brokerage

Edward R. Petrie I Associate Broker I 631.907.8442

PristineGeorgicaPond.com

SOUTHAMPTON, NY

Web ID: 0037630 | $39,500,000

Bridgehampton Brokerage

Beate V. Moore | Associate Broker | 631.613.7316

GinLaneOceanfront.com

WATER MILL, NY

Web ID: 0056473 I $15,000,000

Southampton Brokerage

Patricia J. Petrillo | Associate Broker | 631.227.4916

BackBayWaterMill.com

FEATURED LISTINGS