Over the past week there were 27 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 20 Listings that went into contract.
Which is a year over year INCREASE of 35%.
This same week in 2022, there were 23 Listings that went into contract.
Compared to this past week in 2024, it’s an INCREASE of 17%.
The breakdown of these 27 Transactions are:
1 Between $10 and $15 Million
6 Between $5 and $10 Million
4 Between $3 and $5 Million
6 Between $2 and $3 Million
7 Between $1 and $2 Million
3 Under $1 Million
Over the past week, the Dollar Volume was $102 Million.
Compared to this same week last year (2023), the Dollar Volume was $56 Million.
Which is a year over year INCREASE of 82%.
This same week in 2022, the Dollar Volume was $68 Million.
Compared to this past week in 2024, it’s an INCREASE of 50%.
This past week there were 26 New Listings coming onto the market.
With 27 Listings going into contract, this DECREASES the inventory by 1 Listing.
The breakdown of these 26 New Listings are:
7 Between $5 and $10 Million
7 Between $3 and $5 Million
3 Between $2 and $3 Million
8 Between $1 and $2 Million
1 Under $1 Million
The overall inventory as of 10/22/2024
2,030 Total Listings (Active & In Contract)
1,518 Active Listings
512 In Contract Listings
*Data according to the East End Long Island listing system