Over the past week there were 25 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 18 Listings that went into contract.
Which is a year over year INCREASE of 39%.
This same week in 2022, there were 24 Listings that went into contract.
Compared to this past week in 2024, it’s an INCREASE of 4%.
The breakdown of these 25 Transactions are:
1 Between $10 and $15 Million
4 Between $5 and $10 Million
4 Between $3 and $5 Million
5 Between $2 and $3 Million
8 Between $1 and $2 Million
3 Under $1 Million
Over the past week, the Dollar Volume was $80 Million.
Compared to this same week last year (2023), the Dollar Volume was $52 Million.
Which is a year over year INCREASE of 54%.
This same week in 2022, the Dollar Volume was $86 Million.
Compared to this past week in 2024, it’s an DECREASE of 7%.
This past week there were 33 New Listings coming onto the market.
With 25 Listings going into contract, this INCREASES the inventory by 8 Listings.
The breakdown of these 33 New Listings are:
1 Over $20 Million
4 Between $5 and $10 Million
7 Between $3 and $5 Million
8 Between $2 and $3 Million
10 Between $1 and $2 Million
3 Under $1 Million
The overall inventory as of 11/12/2024
2,060 Total Listings (Active & In Contract)
1,513 Active Listings
547 In Contract Listings
*Data according to the East End Long Island listing system