Over the past week there were 14 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 9 Listings that went into contract.
Which is a year over year INCREASE of 56%.
This same week in 2022, there were 13 Listings that went into contract.
Compared to this past week in 2024, it’s an INCREASE of 8%.
The breakdown of these 14 Transactions are:
1 Over $20 Million
1 Between $10 and $15 Million
3 Between $5 and $10 Million
1 Between $3 and $5 Million
4 Between $2 and $3 Million
3 Between $1 and $2 Million
1 Under $1 Million
Over the past week, the Dollar Volume was $87 Million.
Compared to this same week last year (2023), the Dollar Volume was $26 Million.
Which is a year over year INCREASE of 235%.
This same week in 2022, the Dollar Volume was $31 Million.
Compared to this past week in 2024, it’s an INCREASE of 181%.
This past week there were 34 New Listings coming onto the market.
With 14 Listings going into contract, this INCREASES the inventory by 20 Listings.
The breakdown of these 34 New Listings are:
1 Between $10 and $15 Million
4 Between $5 and $10 Million
3 Between $3 and $5 Million
4 Between $2 and $3 Million
20 Between $1 and $2 Million
2 Under $1 Million
The overall inventory as of 12/3/2024
2,007 Total Listings (Active & In Contract)
1,499 Active Listings
508 In Contract Listings
*Data according to the East End Long Island listing system