From October through December of 2017, there were seven homes sold, with a median sale price of $4,600,000 - a 270.2% increase over the $1,242,500 median sale price for the same period of the previous year. There were four homes sold in Sagaponack in the fourth quarter of 2016.
The following table compares Sagaponack to other Suffolk County cities with similar median sales prices in the fourth quarter of 2017:
City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
East Hampton | 7 | 12 | -41.7% | $5,600,000 | $1,460,000 | 283.6% |
Sagaponack | 7 | 4 | 75% | $4,600,000 | $1,242,500 | 270.2% |
West Hampton Dunes | 3 | 3 | 0% | $3,450,000 | $2,820,000 | 22.3% |
Southampton | 26 | 26 | 0% | $2,805,950 | $1,812,500 | 54.8% |
Watermill | 17 | 17 | 0% | $2,650,000 | $2,950,000 | -10.2% |
Bridgehampton | 12 | 3 | 300% | $2,577,500 | $2,900,000 | -11.1% |
Quogue | 14 | 11 | 27.3% | $2,218,750 | $1,530,000 | 45% |
North Haven | 5 | 2 | 150% | $2,137,500 | $4,500,000 | -52.5% |
Napeague | 2 | 4 | -50% | $1,827,500 | $1,747,000 | 4.6% |
Amagansett | 9 | 7 | 28.6% | $1,575,000 | $2,650,000 | -40.6% |
Sag Harbor | 12 | 18 | -33.3% | $1,475,000 | $1,390,150 | 6.1% |