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Hamptons.com
November 6, 2024

Hamptons Real Estate Market Data – Week of 10/29/2024

Steve Glickby Steve Glick
in Real Estate, Trending
Home Real Estate

Over the past week there were 33 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2023), there were 23 Listings that went into contract.

Which is a year over year INCREASE of 43%.

 

This same week in 2022, there were 24 Listings that went into contract.

Compared to this past week in 2024, it’s an INCREASE of 38%.

 

The breakdown of these 33 Transactions are:

1 Between $15 and $20 Million 

1 Between $10 and $15 Million 

1 Between $5 and $10 Million 

4 Between $3 and $5 Million 

7 Between $2 and $3 Million 

13 Between $1 and $2 Million 

6 Under $1 Million

 

Over the past week, the Dollar Volume was $94 Million.

Compared to this same week last year (2023), the Dollar Volume was $78 Million.

Which is a year over year INCREASE of 21%.

 

This same week in 2022, the Dollar Volume was $54 Million.

Compared to this past week in 2024, it’s an INCREASE of 74%.

  

This past week there were 24 New Listings coming onto the market.

With 33 Listings going into contract, this DECREASES the inventory by 9 Listings.

                                                                                                                              

The breakdown of these 24 New Listings are:

1 Over $20 Million 

1 Between $10 and $20 Million 

3 Between $5 and $10 Million 

6 Between $3 and $5 Million 

5 Between $2 and $3 Million 

6 Between $1 and $2 Million 

2 Under $1 Million

 

The overall inventory as of 11/5/2024

2,069 Total Listings (Active & In Contract)

 

1,524 Active Listings

545 In Contract Listings

 

*Data according to the East End Long Island listing system

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