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Hamptons.com
December 8, 2022

Hamptons Real Estate Market Data – Week of 11/30/22

Steve Glickby Steve Glick
in Real Estate
Home Real Estate

Over the past week there were 12 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2021), there were 42 Listings that went into contract.

Which is a year over year DECREASE of 71% 

 

This same week in 2020, there were 71 Listing that went into contract.

Compared to this past week in 2022, it’s a DECREASE of 83%

 

The breakdown of these 12 Transactions are:
1 Between $4 and $6 Million

5 Between $2 and $4 Million 

And 6 Under $2 Million

 

Over the past week, the Dollar Volume was $29 Million.

Compared to this same week last year (2021), the Dollar Volume was $123 Million.

Which is a year over year DECREASE of 76%

 

This same week in 2020, the Dollar Volume was $223 Million.

Compared to this past week in 2022, it’s a DECREASE of 87%

  

This past week there were 13 New Listings coming onto the market.

With 12 Listings going into contract, this INCREASES the inventory by 1 LISTING.

 

The breakdown of these 13 New Listings are:

1 Between $10 and $20 Million

1 Between $4 and $6 Million 

2 Between $2 and $4 Million 

And 9 Under $2 Million

 

The overall inventory as of 12/6/22
1,908 Total Listings (Active, Accepted Offer, In Contract)

 

1,386 Active Listings (Including North Fork)

1,292 Active Listings (excluding North Fork)

 

522 Accepted Offer and In Contract Listings

 

*Data according to the East End Long Island listing system

 

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