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Hamptons.com
January 11, 2023

Hamptons Real Estate Market Data – Week of 1/5/23

Steve Glickby Steve Glick
in Real Estate, Trending
Home Real Estate

Over the past week there were 14 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 36 Listings that went into contract.

Which is a year over year DECREASE of 61% 

 

This same week in 2021, there were 49 Listing that went into contract.

Compared to this past week in 2023, it’s a DECREASE 71%

 

The breakdown of these 14 Transactions are:

1 Between $10 and $20 Million

2 Between $4 and $6 Million

4 Between $2 and $4 Million 

And 7 Under $2 Million

 

Over the past week, the Dollar Volume was $43 Million.

Compared to this same week last year (2022), the Dollar Volume was $76 Million.

Which is a year over year DECREASE of 43%

 

This same week in 2021, the Dollar Volume was $129 Million.

Compared to this past week in 2023, it’s a DECREASE of 67%

  

This past week there were 15 New Listings coming onto the market.

With 14 Listings going into contract, this INCREASES the inventory by 1 LISTING.

 

The breakdown of these 15 New Listings are:

2 Over $20 Million 

2 Between $6 and $8 Million 

4 Between $2 and $4 Million 

 And 7 Under $2 Million

 

The overall inventory as of 1/10/23

1,706 Total Listings (Active, Accepted Offer, In Contract)

 

1,238 Active Listings (Including North Fork)

1,160 Active Listings (excluding North Fork)

 

468 Accepted Offer and In Contract Listings

 

*Data according to the East End Long Island listing system

 

 

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