Over the past week there were 11 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 14 Listings that went into contract.
Which is a year over year DECREASE of 21%.
This same week in 2022, there were 51 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 78%.
The breakdown of these 11 Transactions are:
1 Between $5 and $10 Million
4 Between $3 and $5 Million
3 Between $2 and $3 Million
3 Between $1 and $2 Million
Over the past week, the Dollar Volume was $34 Million.
Compared to this same week last year (2023), the Dollar Volume was $43 Million.
Which is a year over year DECREASE of 21%.
This same week in 2022, the Dollar Volume was $202 Million.
Compared to this past week in 2024, it’s a DECREASE of 83%.
This past week there were 15 New Listings coming onto the market.
With 11 Listings going into contract, this INCREASES the inventory by 4 Listings.
The breakdown of these 15 New Listings are:
3 Between $10 and $20 Million
1 Between $5 and $10 Million
3 Between $3 and $5 Million
2 Between $2 and $3 Million
5 Between $1 and $2 Million
1 Under $1 Million
The overall inventory as of 1/22/2024
1,649 Total Listings (Active & In Contract)
1,305 Active Listings
344 In Contract Listings
*Data according to the East End Long Island listing system
