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Hamptons.com
February 12, 2024

Hamptons Real Estate Market Data – Week of 2/6/2024

Steve Glickby Steve Glick
in Real Estate
Home Real Estate
Hamptons Real Estate Market Data – Week of 2/6/2024

Over the past week there were 14 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2023), there were 19 Listings that went into contract.

Which is a year over year DECREASE of 26%.

 

This same week in 2022, there were 37 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 62%.

 

The breakdown of these 14 Transactions are:

3 Between $5 and $10 Million 

5 Between $3 and $5 Million 

3 Between $2 and $3 Million 

2 Between $1 and $2 Million 

1 Under $1 Million

 

Over the past week, the Dollar Volume was $55 Million.

Compared to this same week last year (2023), the Dollar Volume was $49 Million.

Which is a year over year INCREASE of 12%.

 

This same week in 2022, the Dollar Volume was $122 Million.

Compared to this past week in 2024, it’s a DECREASE of 55%.

  

This past week there were 40 New Listings coming onto the market.

With 14 Listings going into contract, this INCREASES the inventory by 26 Listings.

 

The breakdown of these 40 New Listings are:

1 Over $20 Million 

2 Between $10 and $20 Million 

7 Between $5 and $10 Million 

6 Between $3 and $5 Million 

10 Between $2 and $3 Million 

13 Between $1 and $2 Million 

1 Under $1 Million

 

 

The overall inventory as of 2/13/2024

1,726 Total Listings (Active & In Contract)

 

1,353 Active Listings

373 In Contract Listings

 

*Data according to the East End Long Island listing system

 

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