Over the past week there were 19 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 23 Listings that went into contract.
Which is a year over year DECREASE of 17%.
This same week in 2022, there were 36 Listings that went into contract.
Compared to this past week in 2024, it’s a DECREASE of 47%.
The breakdown of these 19 Transactions are:
1 Over $100 Million
1 Between $10 and $20 Million
1 Between $5 and $10 Million
3 Between $3 and $5 Million
1 Between $2 and $3 Million
9 Between $1 and $2 Million
3 Under $1 Million
Over the past week, the Dollar Volume was $200 Million.
Compared to this same week last year (2023), the Dollar Volume was $74 Million.
Which is a year over year INCREASE of 170%.
This same week in 2022, the Dollar Volume was $88 Million.
Compared to this past week in 2024, it’s a INCREASE of 127%.
This past week there were 34 New Listings coming onto the market.
With 19 Listings going into contract, this INCREASES the inventory by 15 Listings.
The breakdown of these 34 New Listings are:
1 Over $20 Million
4 Between $10 and $20 Million
3 Between $5 and $10 Million
10 Between $3 and $5 Million
3 Between $2 and $3 Million
6 Between $1 and $2 Million
7 Under $1 Million
The overall inventory as of 2/20/2024
1757 Total Listings (Active & In Contract)
1377 Active Listings
380 In Contract Listings
*Data according to the East End Long Island listing system
