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Hamptons.com
April 10, 2024

Hamptons Real Estate Market Data – Week of 4/2/2024

Steve Glickby Steve Glick
in Real Estate
Home Real Estate
Hamptons Real Estate Market Data – Week of 4/2/2024

Over the past week there were 23 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2023), there were 15 Listings that went into contract.

Which is a year over year INCREASE of 53%.

 

This same week in 2022, there were 22 Listings that went into contract.

Compared to this past week in 2024, it’s an INCREASE of 5%.

 

The breakdown of these 23 Transactions are:

1 Between $10 and $20 Million

2 Between $5 and $10 Million 

1 Between $3 and $5 Million 

3 Between $2 and $3 Million 

15 Between $1 and $2 Million 

1 Under $1 Million

 

Over the past week, the Dollar Volume was $68 Million.

Compared to this same week last year (2023), the Dollar Volume was $42 Million.

Which is a year over year INCREASE of 62%.

 

This same week in 2022, the Dollar Volume was $43 Million.

Compared to this past week in 2024, it’s an INCREASE of 58%.

  

This past week there were 26 New Listings coming onto the market.

With 23 Listings going into contract, this INCREASES the inventory by 3 Listings.

 

The breakdown of these 26 New Listings are:

1 Over $20 Million

2 Between $10 and $20 Million

3 Between $5 and $10 Million 

4 Between $3 and $5 Million 

9 Between $2 and $3 Million 

3 Between $1 and $2 Million 

4 Under $1 Million

 

The overall inventory as of 4/9/2024

1,872 Total Listings (Active & In Contract)

 

1,414 Active Listings

458 In Contract Listings

 

*Data according to the East End Long Island listing system

 

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