Over the past week there were 35 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 INCREASE of 6%.
This same week in 2022, there were 20 Listings that went into contract.
Compared to this past week in 2024, it’s an INCREASE of 75%.
The breakdown of these 35 Transactions are:
6 Between $10 and $20 Million
3 Between $5 and $10 Million
7 Between $3 and $5 Million
4 Between $2 and $3 Million
10 Between $1 and $2 Million
5 Under $1 Million
Over the past week, the Dollar Volume was $163 Million.
Compared to this same week last year (2023), the Dollar Volume was $126 Million.
Which is a year over year INCREASE of 29%.
This same week in 2022, the Dollar Volume was $54 Million.
Compared to this past week in 2024, it’s an INCREASE of 202%.
This past week there were 48 New Listings coming onto the market.
With 35 Listings going into contract, this INCREASES the inventory by 13 Listings.
The breakdown of these 48 New Listings are:
2 Between $10 and $20 Million
10 Between $5 and $10 Million
13 Between $3 and $5 Million
8 Between $2 and $3 Million
12 Between $1 and $2 Million
3 Under $1 Million
The overall inventory as of 5/21/2024
1,966 Total Listings (Active & In Contract)
1,506 Active Listings
460 In Contract Listings
*Data according to the East End Long Island listing system
