Over the past week there were 11 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 30 Listings that went into contract.
Which is a year over year DECREASE of 63%
This same week in 2021, there were 51 Listing that went into contract.
Compared to this past week in 2023, it’s a DECREASE 78%
The breakdown of these 11 Transactions are:
1 Over $20 Million
1 Between $8 and $10 Million
1 Between $6 and $8 Million
3 Between $4 and $6 Million
2 Between $2 and $4 Million
And 3 Under $2 Million
Over the past week, the Dollar Volume was $79 Million.
Compared to this same week last year (2022), the Dollar Volume was $102 Million.
Which is a year over year DECREASE of 23%
This same week in 2021, the Dollar Volume was $144 Million.
Compared to this past week in 2023, it’s a DECREASE of 45%
This past week there were 16 New Listings coming onto the market.
With 11 Listings going into contract, this INCREASES the inventory by 5 LISTINGS.
The breakdown of these 16 New Listings are:
1 Over $20 Million
3 Between $4 and $6 Million
5 Between $2 and $4 Million
And 7 Under $2 Million
The overall inventory as of 1/17/23
1,600 Total Listings (Active & In Contract)
1,168 Active Listings
432 In Contract Listings
*Data according to the East End Long Island listing system
