Over the past week there were 18 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 15 Listings that went into contract.
Which is a year over year INCREASE of 20%.
This same week in 2022, there were 36 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 50%.
The breakdown of these 18 Transactions are:
2 Between $10 and $20 Million
4 Between $5 and $10 Million
2 Between $3 and $5 Million
5 Between $2 and $3 Million
3 Between $1 and $2 Million
2 Under $1 Million
Over the past week, the Dollar Volume was $82 Million.
Compared to this same week last year (2023), the Dollar Volume was $46 Million.
Which is a year over year INCREASE of 78%.
This same week in 2022, the Dollar Volume was $76 Million.
Compared to this past week in 2024, it’s an INCREASE of 8%.
This past week there were 26 New Listings coming onto the market.
With 18 Listings going into contract, this INCREASES the inventory by 8 Listings.
The breakdown of these 26 New Listings are:
1 Over $20M
2 Between $5 and $10 Million
5 Between $3 and $5 Million
7 Between $2 and $3 Million
8 Between $1 and $2 Million
3 Under $1 Million
The overall inventory as of 1/9/2024
1,644 Total Listings (Active & In Contract)
1,282 Active Listings
362 In Contract Listings
*Data according to the East End Long Island listing system
