Archive for April, 2012

ZOMBIE SIGHTING IN WESTHAMPTON BEACH….

Monday, April 30th, 2012

Westhampton Beach is the setting for an upcoming episode of Royal Pains. Shooting begins today along Main Streets as actor Mark Feuerstein was seen in front of the Westhampton Beach Playhouse assisting a choking Zombie as cast and crew looked on. Already excitement in the Hampton’s……and the season has yet to begin!!

AND THE WINNER IS…..

Monday, April 30th, 2012

Westhampton Dunes may be the winner of an ASPBA contest for “Best Restored Beaches Across America”. This would be a second win for Westhampton Dunes, confirming what we already know…. The most pristine beaches in the world run along the eastern coast of Long Island. Through the tireless efforts of the village of Westhampton Beach, the shoreline has been replenished and restored. Located 75 miles from Manhattan, a ninety -minute drive can take you from the lights of Broadway to the beauty of the oceanfront.

MAIN STREET CLOSED FOR UPGRADES

Thursday, April 26th, 2012

East Hampton Village is getting two high tech safety crosswalks which will be illuminated at ground level when people on the sidewalk press a button, lighting the crosswalks at night and making it easier to see pedestrians.

The work has already begun, which is being done by the state, and they have stated it will be completed well before Memorial Day. In the meantime we will be somewhat inconvenienced as work will shut down 1,2 or 3 lanes on Main Street and at times will detour traffic entirely away from Main Street. This too shall pass!!

NORTH FORK 1ST QUARTER 2012 HOME SALES REPORT

Sunday, April 22nd, 2012

TOWN & COUNTRY’S 1st Quarter Homes Sales Report for the North Fork clearly demonstrates forward motion and a new trend as the investment opportunities on the North Fork are attracting customers from as far away as France and as near as Manhattan. As a continued emerging market, the future for the North Fork is, far and away, going to outshine the past.

If you can down to All North Fork Markets Combined you will see 66 of the 70 Home Sales recorded, or over 94% are sales below $1M.

Looking at specific markets you will see Southold (including New Suffolk and Peconic) and Orient (which includes East Marion and Greenport) enjoyed significant increases in sales activity with the Number of Home Sales increasing 62% and 117% respectively.

The Total Homes Sales Volume for Orient (which includes East Marion and Greenport) exploded by over 136% from $2.488 to $5.9M!

Overall the North Fork 1st Quarter Home Sales Report is heavily weighted by robust activity. Although there is a slight dip in Median Home Sales Price from $415,500 1st Quarter 2011 to $391,750 for the 1st Quarter 2012, the remarkable 40% jump in the Number of Homes Sales and a 23% increase in total Home Sales Volume speaks for itself.

To view more specifics on your particular locations visit http://www.1townandcountry.com/html/marketReports.php

Judi A. Desiderio, CEO
jd@1TownandCountry.com

**All information is deemed reliable and correct.  Information is subject to errors, omissions and  withdrawal without prior notice.

HAMPTONS 1ST QUARTER 2012 HOME SALES REPORT

Thursday, April 19th, 2012

TOWN & COUNTRY'S 1st Quarter Hamptons Home Sales Report demonstrates a significant change in our markets. We have been reporting on the unusually active winter season and now the numbers prove indisputably the Hamptons markets are breaking national trends.

Markets such as Sag Harbor Village statistically posted eye-popping increases in all 3 criteria monitored by TOWN & COUNTRY with a 29% increase in the Number of Home Sales, 68.4% increase in the Median Home Sales Price and an impressive 95% increase in Total Home Sales Volume. Sag Harbor is no longer the East End's best kept secret!

Shelter Island experienced reversal shifts with reductions in all 3 criteria…but when there is such little data (6 sales in an entire quarter) statistics get skewed easily.

Southampton Village realized a 67% increase in Number of Home Sales (from 9 to 15) and a 128% gain in Total Home Sales Volume from $21.5M to $49M year to year, yet the Median Home Sales Price shifted downward to $800,000 from $1.845M or a decline of 56.64%, but again few sales (9 in 2011 vs. 15 in 2012) cam make the Median Home Sales Price shift easily. Examining the 6 price categories in Southampton Village and you see the number of sales below $1M market was the driver with 9 of the 15 sales this year and yet in 2011 the number of sales under $1M was only 3 of the 9 sales.

Westhampton (which includes Remsenburg, Westhampton Beach, East Quogue, Quogue and Quiogue) realized the greatest increase in the Number of Home Sales with a 109% increase, which pushed the Total Home Sales Volume upward by 118%.

Looking at All Hamptons Markets Combined for 1st Quarter 2012 and you see all positive signs, further validating TOWN & COUNTRY'S conclusion that the Hamptons markets are setting new benchmarks.

The water's perfect, time to jump in!

To view more specifics on your particular locations visit http://www.1townandcountry.com/html/marketReports.php

Judi A. Desiderio, CEO
jd@1TownandCountry.com

**All information is deemed reliable and correct.  Information is subject to errors, omissions and  withdrawal without prior notice.

SOUTHAMPTON TOWN GREAT EAST END CLEAN-UP

Thursday, April 19th, 2012

This coming weekend is the Town of Southampton's GREAT EAST END CLEAN-UP. People and organizations have registered to work on the clean-up from all over the town. Registration had to be completed by April 13th and those participants will be provided with garbage bags, pick sticks and a free pass to the town recycling centers to dispose of the refuse. Plastic bags will be kept separate for the permanent bin they have at the recycling center for all plastic bags, wraps, plastic coverings. ALSO, there is a hazardous waste pick up on April 29th from 9 am to 2 pm at the North Sea Recycling center. Check the Town of Southampton website for dates on the Hazardous Waste pickup dates closer to your home. HOPE THIS HELPS YOU TO KNOW THAT PEOPLE ARE DOING THEIR PART IN KEEPING OUR AREA CLEAN OF DEBRIS AND HAZARDOUS WASTE.