Over the past week there were 7 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 16 Listings that went into contract.
Which is a year over year DECREASE of 56%.
This same week in 2022, there were 30 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 77%.
The breakdown of these 7 Transactions are:
1 Between $5 and $10 Million
1 Between $3 and $5 Million
2 Between $2 and $3 Million
2 Between $1 and $2 Million
1 Under $1 Million
Over the past week, the Dollar Volume was $18 Million.
Compared to this same week last year (2023), the Dollar Volume was $77 Million.
Which is a year over year DECREASE of 77%.
This same week in 2022, the Dollar Volume was $102 Million.
Compared to this past week in 2024, it’s a DECREASE of 82%.
This past week there were 20 New Listings coming onto the market.
With 7 Listings going into contract, this INCREASES the inventory by 13 Listings.
The breakdown of these 20 New Listings are:
1 Between $10 and $20 Million
5 Between $5 and $10 Million
5 Between $3 and $5 Million
3 Between $2 and $3 Million
4 Between $1 and $2 Million
2 Under $1 Million
The overall inventory as of 1/16/2024
1,634 Total Listings (Active & In Contract)
1,287 Active Listings
347 In Contract Listings
*Data according to the East End Long Island listing system
