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Hamptons.com
December 11, 2024

Hamptons Real Estate Market Data – Week of 12/3/2024

Steve Glickby Steve Glick
in Real Estate, Trending
Home Real Estate

Over the past week there were 15 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2023), there were 20 Listings that went into contract.

Which is a year over year DECREASE of 25%.

 

This same week in 2022, there were 19 Listings that went into contract.

Compared to this past week in 2024, it’s an DECREASE of 21%.

 

The breakdown of these 15 Transactions are:

1 Over $20 Million 

1 Between $5 and $10 Million 

3 Between $3 and $5 Million 

3 Between $2 and $3 Million 

7 Between $1 and $2 Million 

 

Over the past week, the Dollar Volume was $91 Million.

Compared to this same week last year (2023), the Dollar Volume was $88 Million.

Which is a year over year INCREASE of 3%.

 

This same week in 2022, the Dollar Volume was $63 Million.

Compared to this past week in 2024, it’s an INCREASE of 44%.

  

This past week there were 21 New Listings coming onto the market.

With 15 Listings going into contract, this INCREASES the inventory by 6 Listings.

                                                                                                                              

The breakdown of these 21 New Listings are:

1 Between $10 and $15 Million 

3 Between $5 and $10 Million 

3 Between $3 and $5 Million 

4 Between $2 and $3 Million 

6 Between $1 and $2 Million 

4 Under $1 Million

 

The overall inventory as of 12/10/2024

1,983 Total Listings (Active & In Contract)

 

1,480 Active Listings

503 In Contract Listings

 

*Data according to the East End Long Island listing system

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