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Hamptons.com
December 25, 2024

Hamptons Real Estate Market Data – Week of 12/17/2024

Steve Glickby Steve Glick
in Real Estate, Trending
Home Real Estate
Hamptons Real Estate Market Data – Week of 12/17/2024

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 10 Listings that went into contract.

Which is a year over year INCREASE of 150%.

 

This same week in 2022, there were 22 Listings that went into contract.

Compared to this past week in 2024, it’s an INCREASE of 14%.

 

The breakdown of these 25 Transactions are:

1 Between $5 and $10 Million 

3 Between $3 and $5 Million 

7 Between $2 and $3 Million 

10 Between $1 and $2 Million 

 4 Under $1 Million 

 

Over the past week, the Dollar Volume was $53 Million.

Compared to this same week last year (2023), the Dollar Volume was $26 Million.

Which is a year over year INCREASE of 104%.

 

This same week in 2022, the Dollar Volume was $63 Million.

Compared to this past week in 2024, it’s an DECREASE of 16%.

  

This past week there were 7 New Listings coming onto the market.

With 25 Listings going into contract, this DECREASES the inventory by 18 Listings.

                                                                                                                              

The breakdown of these 7 New Listings are:

2 Between $5 and $10 Million 

1 Between $3 and $5 Million 

2 Between $2 and $3 Million 

2 Between $1 and $2 Million 

 

The overall inventory as of 12/26/2024

1,757 Total Listings (Active & In Contract)

 

1,316 Active Listings

441 In Contract Listings

 

*Data according to the East End Long Island listing system

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