Archive for October, 2016

TOWN & COUNTRY NORTH FORK 3RD QUARTER 2016 HOME SALES REPORT

Thursday, October 20th, 2016

2016 3rd Quarter Home Sales on Long Island’s North Fork demonstrates the heightened interest in these beautiful hamlets.

Jamesport (which includes Aquebogue, Baiting Hollow and South Jamesport) saw 22 homes trade hands, a 37.5% increase from last year’s 16 sales, same quarter. Additionally, the Total Home Sales Volume rose 31% from $7.1M in 2015 to $9.3M in 2016.

Mattituck (which includes Laurel and Cutchogue) enjoyed a great July, August and September this year with a 13% increase in Number of Home Sales, a 41% spike in Total Home Sales Volume and a 6% rise in Median Home Sales Price to $520,000. In fact, Mattituck (which includes Laurel and Cutchogue) recorded the 3 highest price sales for the quarter, all over $2M.

Southold (which includes New Suffolk and Peconic) had 2 less home sales for the quarter and a 12% decline in Total Home Sales Volume, but the Median Home Sales Price price remained steady at $465,000.

Orient (which includes East Marion and Greenport) experienced a similar pull back with 1 less home sale and a 20% drop in Total Home Sales Volume. Yet the Median Home Sales Price price ticked up to $515,000 or 2.7% increase.

“Our North Fork markets are poised to continue enjoying increased activity for the remainder of the year”, stated Judi Desiderio, Chief Operating Officer.

Looking at All North Fork Markets Combined and you see most categories safely in the black.

To view all reports visit http://www.townandcountryhamptons.com/html/marketReports.php

TOWN & COUNTRY HAMPTONS 3RD QUARTER 2016 HOME SALES REPORT

Thursday, October 20th, 2016

2016 3rd Quarter Home Sales in the Hamptons was, well frankly… all over the place.

This year to year statistical comparison shows definite signs of growth.

East Hampton Village set a new high watermark for Median Home Sales Price at $5.25M. All 8 home sales during these months were over $2M — “very impressive Median Home Sales Price, possibly a national statistic”, states Judi Desiderio, Chief Executive Officer.

Hot Montauk, more than doubled the amount of home sales from 8 in 2015 to 17 in 2016. Furthermore, the Total Home Sales Volume tripled year over year with a 198% leap to nearly $28M from $9M.

The Bridgehampton market (which includes WaterMill and Sagaponack) remained the top earner with $125M trading hands during July, August and September of this year. The Median Home Sales Price was a solid $3.9M, a 42% jump from last year’s $2.75M.

All Hamptons Markets Combined showed a respectable increase of 5% in the Number of Home Sales and a rise of 8.5% in Total Home Sales Volume, yet the Median Home Sales Price dropped 13% to only $850,000.

Looking back at our last bull market of 2014 and clearly you see the pull back since then when 410 homes close, with $760 million trading hands.

To view all reports visit http://www.townandcountryhamptons.com/html/marketReports.php

Stages’ Celebrates 22 Years with its 22nd Annual Halloween Bash “Frankenstein Follies”

Thursday, October 20th, 2016

Frankenstein Follies - Gene Stilwell

Stages, A Children’s Theatre Workshop is throwing the  22nd annual Halloween Bash that you and your children won’t want to miss. Frankenstein Follies, a Halloween-themed musical review directed and choreographed by Helene Leonard with the support of her husband, Town & Country Real Estate's very own East Hampton Office Manager and licensed associate real estate broker Gene Stilwell, features all your favorite monsters and ghouls with a cast of local young performers.

"Frankenstein Follies IS and has been a Halloween tradition in Sag Harbor for 22 years!," says Gene.  "It has become an all-time favorite event for Halloween and just keeps growing!!!  Come have a howling good time this week end at the Bay Street Theatre!"

Join the fun at the Bay Street Theater in Sag Harbor on Friday October 21st at 7:30PM, Saturday Oct 22nd at 2:30 PM and 7:30 PM, and Sunday, October 23rd  at 2 :00 PM. Tickets are only $15.

Tickets for all performances of Frankenstein Follies are available at the Bay Street Theater Box Office, (631) 725-9500. For more information call Stages at (631) 329-1420, or contact us at info@stagesworkshop.org. Visit us at our website, www.stagesworkshop.org.