Over the past week there were 28 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 20 Listings that went into contract.
Which is a year over year INCREASE of 40%.
This same week in 2021, there were 36 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 22%.
The breakdown of these 28 Transactions are:
1 Over $20 Million
3 Between $8 and $10 Million
1 Between $4 and $6 Million
8 Between $2 and $4 Million
And 15 Under $2 Million
Over the past week, the Dollar Volume was $118 Million.
Compared to this same week last year (2022), the Dollar Volume was $54 Million.
Which is a year over year INCREASE of 119%.
This same week in 2021, the Dollar Volume was $96 Million.
Compared to this past week in 2023, it’s an INCREASE of 23%.
This past week there were 36 New Listings coming onto the market.
With 28 Listings going into contract, this INCREASES the inventory by 8 Listings.
The breakdown of these 36 New Listings are:
1 Over $20 Million
1 Between $10 and $20 Million
1 Between $8 and $10 Million
5 Between $6 and $8 Million
4 Between $4 and $6 Million
13 Between $2 and $4 Million
And 11 Under $2 Million
The overall inventory as of 5/23/2023
1,777 Total Listings (Active & In Contract)
1,280 Active Listings
497 In Contract Listings
*Data according to the East End Long Island listing system
