Over the past week there were 19 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 21 Listings that went into contract.
Which is a year over year DECREASE of 10%.
This same week in 2021, there were 52 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 63%.
The breakdown of these 19 Transactions are:
1 Between $10 and $20 Million
2 Between $6 and $8 Million
4 Between $4 and $6 Million
4 Between $2 and $4 Million
And 8 Under $2 Million
Over the past week, the Dollar Volume was $72 Million.
Compared to this same week last year (2022), the Dollar Volume was $58 Million.
Which is a year over year INCREASE of 24%.
This same week in 2021, the Dollar Volume was $236 Million.
Compared to this past week in 2023, it’s a DECREASE of 69%.
This past week there were 26 New Listings coming onto the market.
With 19 Listings going into contract, this INCREASES the inventory by 7 Listings.
The breakdown of these 26 New Listings are:
2 Between $6 and $8 Million
1 Between $4 and $6 Million
15 Between $2 and $4 Million
And 8 Under $2 Million
The overall inventory as of 8/29/2023
1,832 Total Listings (Active & In Contract)
1,385 Active Listings
447 In Contract Listings
*Data according to the East End Long Island listing system
