Over the past week there were 22 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 41%.
This same week in 2021, there were 60 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 63%.
The breakdown of these 22 Transactions are:
3 Between $5 and $10 Million
3 Between $3 and $5 Million
6 Between $2 and $3 Million
7 Between $1 and $2 Million
And 3 Under $1 Million
Over the past week, the Dollar Volume was $60 Million.
Compared to this same week last year (2022), the Dollar Volume was $175 Million.
Which is a year over year DECREASE of 66%.
This same week in 2021, the Dollar Volume was $161 Million.
Compared to this past week in 2023, it’s a DECREASE of 63%.
This past week there were 29 New Listings coming onto the market.
With 22 Listings going into contract, this INCREASES the inventory by 7 Listings.
The breakdown of these 29 New Listings are:
4 Between $10 and $20 Million
6 Between $5 and $10 Million
2 Between $3 and $5 Million
8 Between $2 and $3 Million
6 Between $1 and $2 Million
And 3 Under $1 Million
The overall inventory as of 10/3/2023
1,848 Total Listings (Active & In Contract)
1,398 Active Listings
450 In Contract Listings
*Data according to the East End Long Island listing system
