Over the past week there were 22 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 24 Listings that went into contract.
Which is a year over year DECREASE of 8%.
This same week in 2021, there were 69 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 68%.
The breakdown of these 22 Transactions are:
1 Between $8 and $10 Million
2 Between $4 and $6 Million
10 Between $2 and $4 Million
And 9 Under $2 Million
Over the past week, the Dollar Volume was $60 Million.
Compared to this same week last year (2022), the Dollar Volume was $61 Million.
Which is a year over year DECREASE of 2%.
This same week in 2021, the Dollar Volume was $236 Million.
Compared to this past week in 2023, it’s a DECREASE of 75%.
This past week there were 32 New Listings coming onto the market.
With 22 Listings going into contract, this INCREASES the inventory by 10 Listings.
The breakdown of these 32 New Listings are:
2 Between $10 and $20 Million
4 Between $6 and $8 Million
4 Between $4 and $6 Million
11 Between $2 and $4 Million
And 11 Under $2 Million
The overall inventory as of 5/2/2023
1,724 Total Listings (Active & In Contract)
1,238 Active Listings
486 In Contract Listings
*Data according to the East End Long Island listing system
