Over the past week there were 18 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 33 Listings that went into contract.
Which is a year over year DECREASE of 45%.
This same week in 2022, there were 24 Listings that went into contract.
Compared to this past week in 2024, it’s a DECREASE of 25%.
The breakdown of these 18 Transactions are:
1 Over $20 Million
3 Between $5 and $10 Million
3 Between $2 and $3 Million
8 Between $1 and $2 Million
3 Under $1 Million
Over the past week, the Dollar Volume was $65 Million.
Compared to this same week last year (2023), the Dollar Volume was $94 Million.
Which is a year over year DECREASE of 31%.
This same week in 2022, the Dollar Volume was $61 Million.
Compared to this past week in 2024, it’s an INCREASE of 7%.
This past week there were 41 New Listings coming onto the market.
With 18 Listings going into contract, this INCREASES the inventory by 23 Listings.
The breakdown of these 41 New Listings are:
2 Between $10 and $20 Million
11 Between $5 and $10 Million
8 Between $3 and $5 Million
5 Between $2 and $3 Million
9 Between $1 and $2 Million
6 Under $1 Million
The overall inventory as of 4/30/2024
1,930 Total Listings (Active & In Contract)
1,462 Active Listings
468 In Contract Listings
*Data according to the East End Long Island listing system
