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Hamptons.com
January 1, 2025

Hamptons Real Estate Market Data – Week of 12/24/2024

Steve Glickby Steve Glick
in Real Estate, Trending
Home Real Estate
Hamptons Real Estate Market Data – Week of 12/24/2024

Over the past week there were 8 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2023), there were 15 Listings that went into contract.

Which is a year over year DECREASE of 47%.

 

This same week in 2022, there were 14 Listings that went into contract.

Compared to this past week in 2024, it’s an DECREASE of 43%.

                                                

The breakdown of these 8 Transactions are:

1 Over $10 Million 

1 Between $3 and $5 Million 

1 Between $2 and $3 Million 

4 Between $1 and $2 Million 

1 Under $1 Million 

 

Over the past week, the Dollar Volume was $27 Million.

Compared to this same week last year (2023), the Dollar Volume was $131 Million.

Which is a year over year DECREASE of 79%.

 

This same week in 2022, the Dollar Volume was $27 Million.

Compared to this past week in 2024, there is no change.

  

This past week there were 8 New Listings coming onto the market.

With 8 Listings going into contract, this does not change the inventory.

                                                                                                                              

The breakdown of these 8 New Listings are:

1 Over $20 Million 

3 Between $5 and $10 Million 

1 Between $3 and $5 Million 

2 Between $2 and $3 Million 

1 Under $1 Million 

 

The overall inventory as of 12/31/2024

1,810 Total Listings (Active & In Contract)

 

1,355 Active Listings

455 In Contract Listings

 

*Data according to the East End Long Island listing system

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