Over the past week there were 20 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 22 Listings that went into contract.
Which is a year over year DECREASE of 9%.
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 55%.
The breakdown of these 20 Transactions are:
1 Over $20 Million
1 Between $10 and $20 Million
4 Between $4 and $6 Million
3 Between $2 and $3 Million
8 Between $1 and $2 Million
3 Under $1 Million
Over the past week, the Dollar Volume was $72 Million.
Compared to this same week last year (2022), the Dollar Volume was $50 Million.
Which is a year over year INCREASE of 44%.
This same week in 2021, the Dollar Volume was $126 Million.
Compared to this past week in 2023, it’s a DECREASE of 42%.
This past week there were 38 New Listings coming onto the market.
With 20 Listings going into contract, this INCREASES the inventory by 18 Listings.
The breakdown of these 38 New Listings are:
2 Over $20 Million
2 Between $10 and $20 Million
4 Between $5 and $10 Million
9 Between $3 and $5 Million
10 Between $2 and $3 Million
5 Between $1 and $2 Million
6 Under $1 Million
The overall inventory as of 11/7/2023
1,809 Total Listings (Active & In Contract)
1,413 Active Listings
396 In Contract Listings
*Data according to the East End Long Island listing system