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Hamptons.com
May 8, 2024

Hamptons Real Estate Market Data – Week of 4/30/2024

Steve Glickby Steve Glick
in Real Estate, Trending
Home Real Estate
Hamptons Real Estate Market Data – Week of 4/30/2024

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

Compared to this same week last year (2023), there were 24 Listings that went into contract.

Which is a year over year INCREASE of 4%.

 

This same week in 2022, there were 31 Listings that went into contract.

Compared to this past week in 2024, it’s a DECREASE of 19%.

 

The breakdown of these 25 Transactions are:

3 Over $20 Million

3 Between $5 and $10 Million 

4 Between $3 and $5 Million 

5 Between $2 and $3 Million 

8 Between $1 and $2 Million 

2 Under $1 Million

 

Over the past week, the Dollar Volume was $101 Million.

Compared to this same week last year (2023), the Dollar Volume was $85 Million.

Which is a year over year INCREASE of 19%.

 

This same week in 2022, the Dollar Volume was $100 Million.

Compared to this past week in 2024, it’s an INCREASE of 1%.

  

This past week there were 43 New Listings coming onto the market.

With 25 Listings going into contract, this INCREASES the inventory by 18 Listings.

 

The breakdown of these 43 New Listings are:

2 Over $20 Million

8 Between $10 and $20 Million

10 Between $5 and $10 Million 

5 Between $3 and $5 Million 

5 Between $2 and $3 Million 

6 Between $1 and $2 Million 

7 Under $1 Million

 

The overall inventory as of 5/7/2024

1,931 Total Listings (Active & In Contract)

 

1,466 Active Listings

465 In Contract Listings

 

*Data according to the East End Long Island listing system

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