Over the past week there were 21 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2021), there were 34 Listings that went into contract.
Which is a year over year DECREASE of 38%
This same week in 2020, there were 40 Listing that went into contract.
Compared to this past week in 2022, it’s a DECREASE of 48%
The breakdown of these 21 Transactions are:
1 Between $6 and $8 Million
5 Between $4 and $6 Million
8 Between $2 and $4 Million
And 7 Under $2 Million
Over the past week, the Dollar Volume was $64 Million.
Compared to this same week last year (2021), the Dollar Volume was $108 Million.
Which is a year over year DECREASE of 41%
This same week in 2020, the Dollar Volume was $94 Million.
Compared to this past week in 2022, it’s a DECREASE of 32%
This past week there were 4 New Listings coming onto the market.
With 21 Listings going into contract, this DECREASES the inventory by 17 LISTINGS.
The breakdown of these 4 New Listings are:
1 Between $4 and $6 Million
3 Between $2 and $4 Million
The overall inventory as of 12/27/22
1,783 Total Listings (Active, Accepted Offer, In Contract)
1,310 Active Listings (Including North Fork)
1,220 Active Listings (excluding North Fork)
473 Accepted Offer and In Contract Listings
*Data according to the East End Long Island listing system