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