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 19 Listings that went into contract.
Which is a year over year DECREASE of 26%.
This same week in 2021, there were 55 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 75%.
The breakdown of these 14 Transactions are:
1 Between $10 and $20 Million
3 Between $4 and $6 Million
3 Between $2 and $3 Million
7 Between $1 and $2 Million
Over the past week, the Dollar Volume was $44 Million.
Compared to this same week last year (2022), the Dollar Volume was $48 Million.
Which is a year over year DECREASE of 8%.
This same week in 2021, the Dollar Volume was $180 Million.
Compared to this past week in 2023, it’s a DECREASE of 76%.
This past week there were 32 New Listings coming onto the market.
With 14 Listings going into contract, this INCREASES the inventory by 18 Listings.
The breakdown of these 32 New Listings are:
3 Between $10 and $20 Million
4 Between $5 and $10 Million
8 Between $3 and $5 Million
7 Between $2 and $3 Million
10 Between $1 and $2 Million
The overall inventory as of 10/24/2023
1,913 Total Listings (Active & In Contract)
1,473 Active Listings
440 In Contract Listings
*Data according to the East End Long Island listing system
