Amidst all the spin of  “Oh, the market’s back now” and “I did more sales than you did”, there is some interesting facts in the reports for the 3rd Quarter of 2009.

According to reports, including the one from Jonathan Miller at Miller Samuel:

-In Southampton Township (the villages and hamlets that make up from Eastport to Sagaponack and split Sag Harbor down the middle) the median price for the third quarter was $795,000. This number reflects an increase of 9.7 percent compared to last year.

-In East Hampton Township (from Wainscott and the east side of Sag Harbor to Montauk) the median price of $850,000 reflected an 11.9 percent decrease year over year.

Dollar Sales for the two South Fork Townships during the third quarter topped out at $572 million. The total reflects a 7.2 percent increase compared to 2008.

-The number of sales in the Hamptons and on the North Fork increased 29.3 percent going from 355 sales in the third quarter of 2008 to 459 sales in 2009.

-This year it took 198 days to find a buyer. Last year the number of days on the market (DOM) was 173.

-The median price for houses north of Montauk Highway is now $600,000 a number that reflects a decline of 13.4 percent compared to last year.

-The median price for homes south of  Montauk Highway increased an astonishing 67.3 percent and is now $1,840,000.

-The median sales price for houses east of the Shinnecock Canal dropped 0.5 percent to $982,500.

-Home prices west of the Shinnecock Canal increased 5.3 percent to a median of $550,000 over last year’s third quarter prices.

-The median sales price in the luxury market representing the top 10 percent of all sales dropped 10.9 percent to $4,275,000 in the third quarter of this year.

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