Over the past week there were 9 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 16 Listings that went into contract.
Which is a year over year DECREASE of 44%.
This same week in 2021, there were 17 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 47%.
The breakdown of these 9 Transactions are:
3 Between $5 and $10 Million
2 Between $3 and $5 Million
2 Between $2 and $3 Million
2 Under $1 Million
Over the past week, the Dollar Volume was $37 Million.
Compared to this same week last year (2022), the Dollar Volume was $53 Million.
Which is a year over year DECREASE of 30%.
This same week in 2021, the Dollar Volume was $57 Million.
Compared to this past week in 2023, it’s a DECREASE of 35%.
This past week there were 7 New Listings coming onto the market.
With 9 Listings going into contract, this DECREASES the inventory by 2 Listings.
The breakdown of these 7 New Listings are:
1 Between $10 and $20 Million
1 Between $5 and $10 Million
1 Between $3 and $5 Million
2 Between $2 and $3 Million
1 Between $1 and $2 Million
1 Under $1 Million
The overall inventory as of 11/28/2023
1,851 Total Listings (Active & In Contract)
1,447 Active Listings
404 In Contract Listings
*Data according to the East End Long Island listing system
