Over the past week there were 20 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 27 Listings that went into contract.
Which is a year over year DECREASE of 26%.
This same week in 2021, there were 46 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 57%.
The breakdown of these 20 Transactions are:
2 Between $10 and $20 Million
8 Between $2 and $3 Million
5 Between $1 and $2 Million
And 5 Under $1 Million
Over the past week, the Dollar Volume was $56 Million.
Compared to this same week last year (2022), the Dollar Volume was $66 Million.
Which is a year over year DECREASE of 15%.
This same week in 2021, the Dollar Volume was $168 Million.
Compared to this past week in 2023, it’s a DECREASE of 67%.
This past week there were 38 New Listings coming onto the market.
With 20 Listings going into contract, this INCREASES the inventory by 18 Listings.
The breakdown of these 38 New Listings are:
3 Over $20 Million
6 Between $10 and $20 Million
5 Between $5 and $10 Million
10 Between $3 and $5 Million
7 Between $2 and $3 Million
6 Between $1 and $2 Million
And 1 Under $1 Million
The overall inventory as of 10/17/2023
1,899 Total Listings (Active & In Contract)
1,459 Active Listings
440 In Contract Listings
*Data according to the East End Long Island listing system
