Over the past week there were 12 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2021), there were 31 Listings that went into contract.
Which is a year over year DECREASE of 61%
This same week in 2020, there were 32 Listing that went into contract.
Compared to this past week in 2022, it’s a DECREASE 63 %
The breakdown of these 12 Transactions are:
1 Between $4 and $6 Million
6 Between $2 and $4 Million
And 5 Under $2 Million
Over the past week, the Dollar Volume was $26 Million.
Compared to this same week last year (2021), the Dollar Volume was $111 Million.
Which is a year over year DECREASE of 77%
This same week in 2020, the Dollar Volume was $59 Million.
Compared to this past week in 2022, it’s a DECREASE of 56%
This past week there were 7 New Listings coming onto the market.
With 12 Listings going into contract, this DECREASES the inventory by 5 LISTINGS.
The breakdown of these 7 New Listings are:
1 Between $6 and $8 Million
2 Between $4 and $6 Million
2 Between $2 and $4 Million
And 2 Under $2 Million
The overall inventory as of 1/3/23
1,715 Total Listings (Active, Accepted Offer, In Contract)
1,240 Active Listings (Including North Fork)
1,159 Active Listings (excluding North Fork)
475 Accepted Offer and In Contract Listings
*Data according to the East End Long Island listing system