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Real Estate Market

We watch the market like a hawk, always analyzing past performance and anticipating future risks and opportunities. Our number one goal is to tell you what the data really means and how it will impact your current and future home value.

Market Snapshot

1 %
FORECAST APPRECIATION IN 2019 (ZILLOW)
$ 20
Per SQFT

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$ K
Median Home Value

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$ 1 K
Median List Price

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Active Listings

12
Listings

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20
Homes

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Condos

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1
Vacant Lots

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Last Month Sales

12
Sales

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$ 600 K
Average Price

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Days On Market

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Real Estate Market Data Courtesy of Boco Realty LLC

EXECUTIVE SUMMARY

Overall Market Review
Water Mill is a small hamlet in comparison to neighboring Southampton and Bridgehampton, but its historic charm and quiet feel have drawn many wealthy homeowners. The environment is a mixture of waterfront, farm fields and woodlands with sustainable agriculture. The visual and performing arts are celebrated at places like the Watermill Center, started by avant-garde opera designer and director Robert Wilson, and at the East End-focused Parrish Art Museum.

What Does This Mean Going Forward?
Homes in Water Mill have been selling for seven and eight figures, as hedge-funders and celebrities discover it as an alternative to the busier Southampton and Bridgehampton. Celebrity residents include talk show host Kelly Ripa and her husband, actor Mark Consuelos, who own a mansion in a wooded area of the hamlet. The late shoe designer Vince Camuto restored a Gatsby-era waterfront landmark in this hamlet that was listed for $72 million.

Luxury Market
Water Mill is a small hamlet in comparison to neighboring Southampton and Bridgehampton, but its historic charm and quiet feel have drawn many wealthy homeowners. The environment is a mixture of waterfront, farm fields and woodlands with sustainable agriculture. The visual and performing arts are celebrated at places like the Watermill Center, started by avant-garde opera designer and director Robert Wilson, and at the East End-focused Parrish Art Museum.

Condos
Homes in Water Mill have been selling for seven and eight figures, as hedge-funders and celebrities discover it as an alternative to the busier Southampton and Bridgehampton. Celebrity residents include talk show host Kelly Ripa and her husband, actor Mark Consuelos, who own a mansion in a wooded area of the hamlet. The late shoe designer Vince Camuto restored a Gatsby-era waterfront landmark in this hamlet that was listed for $72 million.

Land
Water Mill is a small hamlet in comparison to neighboring Southampton and Bridgehampton, but its historic charm and quiet feel have drawn many wealthy homeowners. The environment is a mixture of waterfront, farm fields and woodlands with sustainable agriculture. The visual and performing arts are celebrated at places like the Watermill Center, started by avant-garde opera designer and director Robert Wilson, and at the East End-focused Parrish Art Museum.

Rentals
Homes in Water Mill have been selling for seven and eight figures, as hedge-funders and celebrities discover it as an alternative to the busier Southampton and Bridgehampton. Celebrity residents include talk show host Kelly Ripa and her husband, actor Mark Consuelos, who own a mansion in a wooded area of the hamlet. The late shoe designer Vince Camuto restored a Gatsby-era waterfront landmark in this hamlet that was listed for $72 million.

buyer or seller?

Seller

Hot Spot

<$450K

12-Month Change

Up 8.5%

12-Month Forecast

Up 2.7%

Neighborhood Value

Under $250K
$250K to $500K
$500K to $750K
$500K to $750K
$750K to $1M
Above $1M

Spotlight

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Contact Info

Featured Listings

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