Over the past week there were 14 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2021), there were 36 Listings that went into contract.
Which is a year over year DECREASE of 61%
This same week in 2020, there were 44 Listing that went into contract.
Compared to this past week in 2022, it’s a DECREASE of 68%
The breakdown of these 12 Transactions are:
1 Between $4 and $6 Million
5 Between $2 and $4 Million
And 6 Under $2 Million
Over the past week, the Dollar Volume was $49 Million.
Compared to this same week last year (2021), the Dollar Volume was $101 Million.
Which is a year over year DECREASE of 51%
This same week in 2020, the Dollar Volume was $170 Million.
Compared to this past week in 2022, it’s a DECREASE of 71%
This past week there were 18 New Listings coming onto the market.
With 14 Listings going into contract, this INCREASES the inventory by 4 LISTINGS.
The breakdown of these 18 New Listings are:
1 Between $10 and $20 Million
1 Between $6 and $8 Million
2 Between $4 and $6 Million
7 Between $2 and $4 Million
And 7 Under $2 Million
The overall inventory as of 12/13/22
1,867 Total Listings (Active, Accepted Offer, In Contract)
1,378 Active Listings (Including North Fork)
1,284 Active Listings (excluding North Fork)
489 Accepted Offer and In Contract Listings
*Data according to the East End Long Island listing system