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 15 Listings that went into contract.
Which is a year over year DECREASE of 33%.
This same week in 2021, there were 31 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 68%.
The breakdown of these 10 Transactions are:
2 Between $10 and $20 Million
2 Between $5 and $10 Million
2 Between $3 and $5 Million
1 Between $2 and $3 Million
3 Between $1 and $2 Million
Over the past week, the Dollar Volume was $53 Million.
Compared to this same week last year (2022), the Dollar Volume was $28 Million.
Which is a year over year INCREASE of 89%.
This same week in 2021, the Dollar Volume was $111 Million.
Compared to this past week in 2023, it’s a DECREASE of 52%.
This past week there were 9 New Listings coming onto the market.
With 10 Listings going into contract, this DECREASES the inventory by 1 Listing.
The breakdown of these 9 New Listings are:
2 Between $5 and $10 Million
2 Between $2 and $3 Million
3 Between $1 and $2 Million
2 Under $1 Million
The overall inventory as of 1/2/2024
1,634 Total Listings (Active & In Contract)
1,278 Active Listings
356 In Contract Listings
*Data according to the East End Long Island listing system
