Over the past week there were 24 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 34 Listings that went into contract.
Which is a year over year DECREASE of 29%.
This same week in 2022, there were 38 Listings that went into contract.
Compared to this past week in 2024, it’s a DECREASE of 37%.
The breakdown of these 24 Transactions are:
3 Between $5 and $10 Million
3 Between $3 and $5 Million
5 Between $2 and $3 Million
11 Between $1 and $2 Million
2 Under $1 Million
Over the past week, the Dollar Volume was $65 Million.
Compared to this same week last year (2023), the Dollar Volume was $149 Million.
Which is a year over year DECREASE of 56%.
This same week in 2022, the Dollar Volume was $107 Million.
Compared to this past week in 2024, it’s a DECREASE of 39%.
This past week there were 33 New Listings coming onto the market.
With 24 Listings going into contract, this INCREASES the inventory by 9 Listings.
The breakdown of these 33 New Listings are:
2 Over $20 Million
1 Between $10 and $20 Million
5 Between $5 and $10 Million
7 Between $3 and $5 Million
5 Between $2 and $3 Million
9 Between $1 and $2 Million
4 Under $1 Million
The overall inventory as of 4/2/2024
1,847 Total Listings (Active & In Contract)
1,395 Active Listings
452 In Contract Listings
*Data according to the East End Long Island listing system