Over the past week there were 10 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 23 Listings that went into contract.
Which is a year over year DECREASE of 57%.
This same week in 2021, there were 34 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 71%.
The breakdown of these 10 Transactions are:
3 Between $3 and $5 Million
1 Between $2 and $3 Million
5 Between $1 and $2 Million
1 Under $1 Million
Over the past week, the Dollar Volume was $21 Million.
Compared to this same week last year (2022), the Dollar Volume was $66 Million.
Which is a year over year DECREASE of 68%.
This same week in 2021, the Dollar Volume was $108 Million.
Compared to this past week in 2023, it’s a DECREASE of 81%.
This past week there were 7 New Listings coming onto the market.
With 10 Listings going into contract, this DECREASES the inventory by 3 Listings.
The breakdown of these 7 New Listings are:
1 Between $5 and $10 Million
3 Between $3 and $5 Million
2 Between $2 and $3 Million
1 Between $1 and $2 Million
The overall inventory as of 12/26/2023
1,691 Total Listings (Active & In Contract)
1,329 Active Listings
362 In Contract Listings
*Data according to the East End Long Island listing system
