Hamptons Real Estate Market Data – Week of 2/20/2024

Over the past week there were 32 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2023), there were 22 Listings that went into contract.

Which is a year over year INCREASE of 45%.

This same week in 2022, there were 33 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 3%.

The breakdown of these 32 Transactions are:

1 Between $10 and $20 Million

6 Between $5 and $10 Million 

1 Between $3 and $5 Million 

5 Between $2 and $3 Million 

10 Between $1 and $2 Million 

9 Under $1 Million

Over the past week, the Dollar Volume was $83 Million.

Compared to this same week last year (2023), the Dollar Volume was $44 Million.

Which is a year over year INCREASE of 89%.

This same week in 2022, the Dollar Volume was $81 Million.

Compared to this past week in 2024, it’s an INCREASE of 2%.

This past week there were 29 New Listings coming onto the market.

With 32 Listings going into contract, this DECREASES the inventory by 3 Listings.

The breakdown of these 29 New Listings are:

1 Over $20 Million

2 Between $10 and $20 Million

6 Between $5 and $10 Million 

7 Between $3 and $5 Million 

5 Between $2 and $3 Million 

6 Between $1 and $2 Million 

2 Under $1 Million

The overall inventory as of 2/27/2024

1,776 Total Listings (Active & In Contract)

1,376 Active Listings

400 In Contract Listings

*Data according to the East End Long Island listing system