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Hamptons.com
November 27, 2024

Hamptons Real Estate Market Data – Week of 11/19/2024

Steve Glickby Steve Glick
in Real Estate
Home Real Estate
Hamptons Real Estate Market Data – Week of 11/19/2024

Over the past week there were 34 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2023), there were 10 Listings that went into contract.

Which is a year over year INCREASE of 240%.

 

This same week in 2022, there were 16 Listings that went into contract.

Compared to this past week in 2024, it’s an INCREASE of 113%.

 

The breakdown of these 34 Transactions are:

1 Between $10 and $15 Million 

5 Between $5 and $10 Million 

5 Between $3 and $5 Million 

6 Between $2 and $3 Million 

13 Between $1 and $2 Million 

4 Under $1 Million

 

Over the past week, the Dollar Volume was $99 Million.

Compared to this same week last year (2023), the Dollar Volume was $39 Million.

Which is a year over year INCREASE of 154%.

 

This same week in 2022, the Dollar Volume was $53 Million.

Compared to this past week in 2024, it’s an INCREASE of 87%.

  

This past week there were 25 New Listings coming onto the market.

With 34 Listings going into contract, this DECREASES the inventory by 9 Listings.

                                                                                                                              

The breakdown of these 25 New Listings are:

1 Over $20 Million 

1 Between $10 and $15 Million 

4 Between $5 and $10 Million 

5 Between $3 and $5 Million 

6 Between $2 and $3 Million 

6 Between $1 and $2 Million 

2 Under $1 Million

 

 

The overall inventory as of 11/26/2024

2,008 Total Listings (Active & In Contract)

 

1,502 Active Listings

506 In Contract Listings

 

*Data according to the East End Long Island listing system

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