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Hamptons.com
February 18, 2023

Hamptons Real Estate Market Data – Week of 2/14/2023

Steve Glickby Steve Glick
in Real Estate
Home Real Estate
Hamptons Real Estate Market Data – Week of 2/14/2023

Over the past week there were 20 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 37 Listings that went into contract.

Which is a year over year DECREASE of 46% 

 

This same week in 2021, there were 56 Listing that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 64%

 

The breakdown of these 20 Transactions are:

2 Between $10 and $20 Million

7 Between $2 and $4 Million 

And 11 Under $2 Million

 

Over the past week, the Dollar Volume was $66 Million.

Compared to this same week last year (2022), the Dollar Volume was $93 Million.

Which is a year over year DECREASE of 29%

 

This same week in 2021, the Dollar Volume was $194 Million.

Compared to this past week in 2023, it’s a DECREASE of 66%

  

This past week there were 19 New Listings coming onto the market.

With 20 Listings going into contract, this DECREASES the inventory by 1 Listing.

 

The breakdown of these 19 New Listings are:

2 Between $10 and $20 Million

4 Between $6 and $8 Million

2 Between $4 and $6 Million 

4 Between $2 and $4 Million 

And 7 Under $2 Million

 

The overall inventory as of 2/21/2023

1,665 Total Listings (Active & In Contract)

 

1,241 Active Listings 

424 In Contract Listings

 

*Data according to the East End Long Island listing system

 

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