Over the past week there were 17 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 37 Listings that went into contract.
Which is a year over year DECREASE of 54%
This same week in 2021, there were 63 Listing that went into contract.
Compared to this past week in 2023, it’s a DECREASE 73%
The breakdown of these 17 Transactions are:
1 Between $10 and $20 Million
3 Between $4 and $6 Million
3 Between $2 and $4 Million
And 10 Under $2 Million
Over the past week, the Dollar Volume was $48 Million.
Compared to this same week last year (2022), the Dollar Volume was $101 Million.
Which is a year over year DECREASE of 52%
This same week in 2021, the Dollar Volume was $152 Million.
Compared to this past week in 2023, it’s a DECREASE of 68%
This past week there were 29 New Listings coming onto the market.
With 17 Listings going into contract, this INCREASES the inventory by 12 Listings.
The breakdown of these 29 New Listings are:
5 Between $10 and $20 Million
2 Between $8 and $10 Million
2 Between $6 and $8 Million
2 Between $4 and $6 Million
12 Between $2 and $4 Million
And 6 Under $2 Million
The overall inventory as of 2/7/23
1633 Total Listings (Active & In Contract)
1206 Active Listings
427 In Contract Listings
*Data according to the East End Long Island listing system
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