We asked a number of prominent local agents their conclusions about the year that just passed and make some predictions for the future. Today we have Susan Breitenbach, Gary De Persia, and Chris Chapin.
Susan Breitenbach, Corcoran
What neighborhood saw the most change this year?
North Haven/Sag Harbor, with lots of big waterfront transactions. A few years ago hardly anyone ever heard of it; one new transfer will be coming in over $30 mil (just one house and not extremely large property!).
Sum up 2013 in three words
Four: One of best in Hamptons!
Your favorite town this year
Montauk.
Biggest building trend in 2013
Outside living: amazing exterior pool houses with nano doors, Kalamazoo kitchens, outdoor fireplaces, firepits, gyms, etc.
Any predictions for 2014?
All signs are pointing to one of the best in Hamptons real estate history.
Gary De Persia, Corcoran
What neighborhood saw the most change this year?
Sag Harbor ended the year with two record setting deals, including a waterfront that went to contract on Robertson Drive not far below its $36M ask and my listing on Main Street priced at $9.95M, also in contract at what will prove to be a benchmark price. These go along with the other robust sales in that area this year.
Sum up 2013 in three words
Action never stopped.
Your favorite town this year and why
Sag Harbor. The only village in the Hamptons that you actually see people cramming the streets at night before and after dinner. Other towns people tend to go to dinner then get in their cars to go home.
Biggest building trend in 2013
Third floor roof decks capturing amazing views of ocean, bays and surrounding countryside, as in my two Town Line Road listings by Lifton-Green which sold within in months of each other, and my current listing Rose Hill Point on Mecox Bay.
Any predictions for 2014?
Based on 2013 year-end deals, a normally quiet period, I predict an exciting start to 2014 for new construction, re-sales and land.
Chris Chapin, Douglas Elliman
What neighborhood saw the most change this year?
Sagaponack has nearly completed its transformation from rural farm settlement to whatever it is now. But at least they are still growing corn and potatoes among the mansions.
Sum up 2013 in three words
Sellers' market returns.
Your favorite town this year and why
Noyac still looks as if could be another place or another time. Even at the height of the summer season you can find quiet places to jump in the water.
Biggest building trend in 2013
Farrellization.
Trend you'd like to see crushed in 2014
Farrellization.
Any predictions for 2014?
Hamptons real estate will level out a bit as buyers pick up oceanfront on the Jersey Shore for pennies on the dollar.
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