Over the past week there were 12 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 30 Listings that went into contract.
Which is a year over year DECREASE of 60%.
This same week in 2021, there were 28 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 57%.
The breakdown of these 12 Transactions are:
1 Between $5 and $10 Million
6 Between $2 and $3 Million
3 Between $1 and $2 Million
And 2 Under $1 Million
Over the past week, the Dollar Volume was $26 Million.
Compared to this same week last year (2022), the Dollar Volume was $90 Million.
Which is a year over year DECREASE of 71%.
This same week in 2021, the Dollar Volume was $235 Million.
Compared to this past week in 2023, it’s a DECREASE of 89%.
This past week there were 45 New Listings coming onto the market.
With 12 Listings going into contract, this INCREASES the inventory by 33 Listings.
The breakdown of these 45 New Listings are:
1 Between $10 and $20 Million
8 Between $5 and $10 Million
7 Between $3 and $5 Million
5 Between $2 and $3 Million
18 Between $1 and $2 Million
And 6 Under $1 Million
The overall inventory as of 10/10/2023
2,042 Total Listings (Active & In Contract)
1,547 Active Listings
495 In Contract Listings
*Data according to the East End Long Island listing system
