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Hamptons.com
September 25, 2024

Hamptons Real Estate Market Data – Week of 9/17/2024

Steve Glickby Steve Glick
in Real Estate, Trending
Home Real Estate
Hamptons Real Estate Market Data – Week of 9/17/2024

Over the past week there were 29 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2023), there were 19 Listings that went into contract.

Which is a year over year INCREASE of 53%.

 

This same week in 2022, there were 35 Listings that went into contract.

Compared to this past week in 2024, it’s an DECREASE of 17%.

 

The breakdown of these 29 Transactions are:

3 Between $10 and $15 Million 

4 Between $5 and $10 Million 

4 Between $3 and $5 Million 

5 Between $2 and $3 Million 

9 Between $1 and $2 Million 

4 Under $1 Million

 

Over the past week, the Dollar Volume was $108 Million.

Compared to this same week last year (2023), the Dollar Volume was $55 Million.

Which is a year over year INCREASE of 96%.

 

This same week in 2022, the Dollar Volume was $88 Million.

Compared to this past week in 2024, it’s an INCREASE of 23%.

  

This past week there were 38 New Listings coming onto the market.

With 29 Listings going into contract, this INCREASES the inventory by 9 Listings.

 

The breakdown of these 38 New Listings are:

1 Over $20 Million 

1 Between $15 and $20 Million 

1 Between $10 and $15 Million 

7 Between $5 and $10 Million 

12 Between $3 and $5 Million 

6 Between $2 and $3 Million 

6 Between $1 and $2 Million 

4 Under $1 Million

 

The overall inventory as of 9/24/2024

2,125 Total Listings (Active & In Contract)

 

1,621 Active Listings

504 In Contract Listings

 

*Data according to the East End Long Island listing system

 

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