Hamptons Real Estate Market Data – Week of 1/17/2023
Over the past week there were 12 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 52 Listings that went into contract.
Which is a year over year DECREASE of 77%
This same week in 2021, there were 72 Listing that went into contract.
Compared to this past week in 2023, it’s a DECREASE 83%
The breakdown of these 12 Transactions are:
1 Between $10 and $20 Million
4 Between $2 and $4 Million
And 7 Under $2 Million
Over the past week, the Dollar Volume was $39 Million.
Compared to this same week last year (2022), the Dollar Volume was $219 Million.
Which is a year over year DECREASE of 82%
This same week in 2021, the Dollar Volume was $182 Million.
Compared to this past week in 2023, it’s a DECREASE of 79%
This past week there were 33 New Listings coming onto the market.
With 12 Listings going into contract, this INCREASES the inventory by 21 Listings.
The breakdown of these 33 New Listings are:
3 Between $10 and $20 Million
1 Between $8 and $10 Million
5 Between $2 and $4 Million
And 24 Under $2 Million
The overall inventory as of 1/24/23
1,618 Total Listings (Active & In Contract)
1,188 Active Listings
431 In Contract Listings
*Data according to the East End Long Island listing system
