Over the past week there were 15 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2021), there were 43 Listings that went into contract.
Which is a year over year DECREASE of 65%
This same week in 2020, there were 58 Listing that went into contract.
Compared to this past week in 2022, it’s a DECREASE of 74%
The breakdown of these 15 Transactions are:
1 Between $8 and $10 Million
2 Between $6 and $8 Million
2 Between $4 and $6 Million
2 Between $2 and $4 Million
And 8 Under $2 Million
Over the past week, the Dollar Volume was $47 Million.
Compared to this same week last year (2021), the Dollar Volume was $125 Million.
Which is a year over year DECREASE of 62%
This same week in 2020, the Dollar Volume was $182 Million.
Compared to this past week in 2022, it’s a DECREASE of 74%
This past week there were 12 New Listings coming onto the market.
With 15 Listings going into contract, this DECREASES the inventory by 3 LISTINGS.
The breakdown of these 12 New Listings are:
1 Between $6 and $8 Million
2 Between $4 and $6 Million
5 Between $2 and $4 Million
And 4 Under $2 Million
The overall inventory as of 12/21/22
1,807 Total Listings (Active, Accepted Offer, In Contract)
1,338 Active Listings (Including North Fork)
1,245 Active Listings (excluding North Fork)
469 Accepted Offer and In Contract Listings