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 29 Listings that went into contract.
Which is a year over year DECREASE of 17%.
This same week in 2022, there were 45 Listings that went into contract.
Compared to this past week in 2024, it’s a DECREASE of 47%.
The breakdown of these 24 Transactions are:
2 Between $10 and $20 Million
1 Between $5 and $10 Million
3 Between $3 and $5 Million
8 Between $2 and $3 Million
7 Between $1 and $2 Million
3 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 $79 Million.
Which is a year over year INCREASE of 5%.
This same week in 2022, the Dollar Volume was $110 Million.
Compared to this past week in 2024, it’s a DECREASE of 25%.
This past week there were 38 New Listings coming onto the market.
With 24 Listings going into contract, this INCREASES the inventory by 14 Listings.
The breakdown of these 38 New Listings are:
1 Between $10 and $20 Million
3 Between $5 and $10 Million
5 Between $3 and $5 Million
9 Between $2 and $3 Million
13 Between $1 and $2 Million
7 Under $1 Million
The overall inventory as of 3/12/2024
1,814 Total Listings (Active & In Contract)
1,401 Active Listings
413 In Contract Listings
*Data according to the East End Long Island listing system
