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Hamptons.com
April 5, 2023

Hamptons Real Estate Market Data – Week of 3/28/2023

Steve Glickby Steve Glick
in Real Estate, Trending
Home Real Estate

Over the past week there were 29 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 39 Listings that went into contract.

Which is a year over year DECREASE of 26% 

 

This same week in 2021, there were 68 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 57%

 

The breakdown of these 29 Transactions are:

1 Over $20 Million

2 Between $10 and $20 Million

1 Between $6 and $8 Million

2 Between $4 and $6 Million 

14 Between $2 and $4 Million 

And 9 Under $2 Million

 

Over the past week, the Dollar Volume was $120 Million.

Compared to this same week last year (2022), the Dollar Volume was $109 Million.

Which is a year over year INCREASE of 9%

 

This same week in 2021, the Dollar Volume was $320 Million.

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

  

This past week there were 39 New Listings coming onto the market.

With 29 Listings going into contract, this INCREASES the inventory by 10 Listings.

 

The breakdown of these 39 New Listings are:

1 Over $20 Million

6 Between $10 and $20 Million

3 Between $6 and $8 Million

5 Between $4 and $6 Million 

16 Between $2 and $4 Million 

And 8 Under $2 Million

 

The overall inventory as of 4/4/2023

1,694 Total Listings (Active & In Contract)

 

1,227 Active Listings 

467 In Contract Listings

 

*Data according to the East End Long Island listing system

 

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