Over the past week there were 24 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 29 Listings that went into contract.
Which is a year over year DECREASE of 21%.
This same week in 2021, there were 46 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 37%.
The breakdown of these 24 Transactions are:
1 Over $20 Million
1 Between $8 and $10 Million
1 Between $6 and $8 Million
3 Between $4 and $6 Million
15 Between $2 and $4 Million
And 3 Under $2 Million
Over the past week, the Dollar Volume was $147 Million.
Compared to this same week last year (2022), the Dollar Volume was $93 Million.
Which is a year over year INCREASE of 58%.
This same week in 2021, the Dollar Volume was $141 Million.
Compared to this past week in 2023, it’s an INCREASE of 4%.
This past week there were 35 New Listings coming onto the market.
With 24 Listings going into contract, this INCREASES the inventory by 11 Listings.
The breakdown of these 35 New Listings are:
3 Between $10 and $20 Million
1 Between $8 and $10 Million
1 Between $6 and $8 Million
8 Between $4 and $6 Million
14 Between $2 and $4 Million
And 8 Under $2 Million
The overall inventory as of 9/13/2023
1,835 Total Listings (Active & In Contract)
1,374 Active Listings
461 In Contract Listings
*Data according to the East End Long Island listing system
