Over the past week there were 23 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 26 Listings that went into contract.
Which is a year over year DECREASE of 12%.
This same week in 2021, there were 44 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 48%.
The breakdown of these 23 Transactions are:
2 Between $5 and $10 Million
2 Between $4 and $6 Million
7 Between $2 and $3 Million
6 Between $1 and $2 Million
6 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 $70 Million.
Which is a year over year DECREASE of 20%.
This same week in 2021, the Dollar Volume was $115 Million.
Compared to this past week in 2023, it’s a DECREASE of 51%.
This past week there were 33 New Listings coming onto the market.
With 23 Listings going into contract, this INCREASES the inventory by 10 Listings.
The breakdown of these 33 New Listings are:
2 Between $10 and $20 Million
7 Between $5 and $10 Million
8 Between $3 and $5 Million
7 Between $2 and $3 Million
5 Between $1 and $2 Million
4 Under $1 Million
The overall inventory as of 10/31/2023
1,896 Total Listings (Active & In Contract)
1,465 Active Listings
431 In Contract Listings
*Data according to the East End Long Island listing system
