Over the past week there were 14 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 42%
This same week in 2021, there were 46 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 70%
The breakdown of these 14 Transactions are:
1 Between $8 and $10 Million
5 Between $2 and $4 Million
And 8 Under $2 Million
Over the past week, the Dollar Volume was $35 Million.
Compared to this same week last year (2022), the Dollar Volume was $46 Million.
Which is a year over year DECREASE of 24%
This same week in 2021, the Dollar Volume was $119 Million.
Compared to this past week in 2023, it’s a DECREASE of 71%
This past week there were 30 New Listings coming onto the market.
With 14 Listings going into contract, this INCREASES the inventory by 16 Listings.
The breakdown of these 30 New Listings are:
2 Over $20 Million
4 Between $10 and $20 Million
3 Between $6 and $8 Million
3 Between $4 and $6 Million
3 Between $2 and $4 Million
And 15 Under $2 Million
The overall inventory as of 4/11/2023
1,700 Total Listings (Active & In Contract)
1,236 Active Listings
464 In Contract Listings
*Data according to the East End Long Island listing system
