Over the past week there were 21 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 31 Listings that went into contract.
Which is a year over year DECREASE of 32%.
This same week in 2021, there were 62 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 66%.
The breakdown of these 21 Transactions are:
1 Between $10 and $20 Million
3 Between $6 and $8 Million
2 Between $4 and $6 Million
6 Between $2 and $4 Million
And 9 Under $2 Million
Over the past week, the Dollar Volume was $79 Million.
Compared to this same week last year (2022), the Dollar Volume was $100 Million.
Which is a year over year DECREASE of 21%.
This same week in 2021, the Dollar Volume was $218 Million.
Compared to this past week in 2023, it’s a DECREASE of 64%.
This past week there were 34 New Listings coming onto the market.
With 21 Listings going into contract, this INCREASES the inventory by 13 Listings.
The breakdown of these 34 New Listings are:
2 Over $20 Million
5 Between $10 and $20 Million
2 Between $8 and $10 Million
2 Between $6 and $8 Million
3 Between $4 and $6 Million
10 Between $2 and $4 Million
And 10 Under $2 Million
The overall inventory as of 5/9/2023
1,742 Total Listings (Active & In Contract)
1,262 Active Listings
480 In Contract Listings
*Data according to the East End Long Island listing system
