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Hamptons.com
April 26, 2023

Hamptons Real Estate Market Data – Week of 4/18/2023

Steve Glickby Steve Glick
in Real Estate, Trending
Home Real Estate
Hamptons Real Estate Market Data – Week of 4/18/2023

Over the past week there were 25 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 31 Listings that went into contract.

Which is a year over year DECREASE of 19% 

 

This same week in 2021, there were 66 Listings that went into contract.

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

 

The breakdown of these 25 Transactions are:

1 Between $8 and $10 Million

1 Between $6 and $8 Million

3 Between $4 and $6 Million

5 Between $2 and $4 Million 

And 15 Under $2 Million

 

Over the past week, the Dollar Volume was $65 Million.

Compared to this same week last year (2022), the Dollar Volume was $67 Million.

Which is a year over year DECREASE of 3%

 

This same week in 2021, the Dollar Volume was $203 Million.

Compared to this past week in 2023, it’s a DECREASE of 68%

  

This past week there were 18 New Listings coming onto the market.

With 25 Listings going into contract, this DECREASES the inventory by 7 Listings.

 

The breakdown of these 18 New Listings are:

1 Over $20 Million

1 Between $10 and $20 Million

2 Between $8 and $10 Million

2 Between $6 and $8 Million

2 Between $4 and $6 Million 

5 Between $2 and $4 Million 

And 5 Under $2 Million

 

The overall inventory as of 4/25/2023

1,732 Total Listings (Active & In Contract)

 

1,252 Active Listings 

480 In Contract Listings

 

*Data according to the East End Long Island listing system

 

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