Over the past week there were 20 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 26 Listings that went into contract.
Which is a year over year DECREASE of 23%
This same week in 2021, there were 46 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 57%
The breakdown of these 20 Transactions are:
1 Between $6 and $8 Million
5 Between $2 and $4 Million
And 14 Under $2 Million
Over the past week, the Dollar Volume was $42 Million.
Compared to this same week last year (2022), the Dollar Volume was $91 Million.
Which is a year over year DECREASE of 54%
This same week in 2021, the Dollar Volume was $174 Million.
Compared to this past week in 2023, it’s a DECREASE of 76%
This past week there were 32 New Listings coming onto the market.
With 20 Listings going into contract, this INCREASES the inventory by 12 Listings.
The breakdown of these 32 New Listings are:
2 Over $20 Million
1 Between $10 and $20 Million
1 Between $6 and $8 Million
4 Between $4 and $6 Million
7 Between $2 and $4 Million
And 17 Under $2 Million
The overall inventory as of 4/18/2023
1,716 Total Listings (Active & In Contract)
1,244 Active Listings
472 In Contract Listings
*Data according to the East End Long Island listing system