Over the past week there were 26 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 18 Listings that went into contract.
Which is a year over year INCREASE of 44%.
This same week in 2022, there were 52 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 50%.
The breakdown of these 26 Transactions are:
1 Over $20 Million
1 Between $10 and $20 Million
1 Between $5 and $10 Million
6 Between $3 and $5 Million
10 Between $2 and $3 Million
4 Between $1 and $2 Million
3 Under $1 Million
Over the past week, the Dollar Volume was $103 Million.
Compared to this same week last year (2023), the Dollar Volume was $37 Million.
Which is a year over year INCREASE of 178%.
This same week in 2022, the Dollar Volume was $204 Million.
Compared to this past week in 2024, it’s a DECREASE of 49%.
This past week there were 23 New Listings coming onto the market.
With 26 Listings going into contract, this DECREASES the inventory by 3 Listings.
The breakdown of these 23 New Listings are:
5 Between $5 and $10 Million
2 Between $3 and $5 Million
4 Between $2 and $3 Million
9 Between $1 and $2 Million
3 Under $1 Million
The overall inventory as of 1/30/2024
1,678 Total Listings (Active & In Contract)
1,311 Active Listings
367 In Contract Listings
*Data according to the East End Long Island listing system
