Over the past week there were 29 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 26%.
This same week in 2022, there were 27 Listings that went into contract.
Compared to this past week in 2024, it’s an INCREASE of 7%.
The breakdown of these 29 Transactions are:
4 Between $5 and $10 Million
4 Between $3 and $5 Million
6 Between $2 and $3 Million
10 Between $1 and $2 Million
5 Under $1 Million
Over the past week, the Dollar Volume was $78 Million.
Compared to this same week last year (2023), the Dollar Volume was $63 Million.
Which is a year over year INCREASE of 24%.
This same week in 2022, the Dollar Volume was $66 Million.
Compared to this past week in 2024, it’s an INCREASE of 18%.
This past week there were 36 New Listings coming onto the market.
With 29 Listings going into contract, this INCREASES the inventory by 7 Listings.
The breakdown of these 36 New Listings are:
2 Between $15 and $20 Million
1 Between $10 and $15 Million
4 Between $5 and $10 Million
5 Between $3 and $5 Million
9 Between $2 and $3 Million
10 Between $1 and $2 Million
5 Under $1 Million
The overall inventory as of 10/15/2024
2,126 Total Listings (Active & In Contract)
1,606 Active Listings
520 In Contract Listings
*Data according to the East End Long Island listing system