Over the past week there were 24 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 29 Listings that went into contract.
Which is a year over year DECREASE of 17%.
This same week in 2022, there were 27 Listings that went into contract.
Compared to this past week in 2024, it’s a DECREASE of 11%.
The breakdown of these 24 Transactions are:
1 Over $40 Million
1 Between $10 and $20 Million
4 Between $5 and $10 Million
4 Between $3 and $5 Million
7 Between $2 and $3 Million
6 Between $1 and $2 Million
1 Under $1 Million
Over the past week, the Dollar Volume was $138 Million.
Compared to this same week last year (2023), the Dollar Volume was $83 Million.
Which is a year over year INCREASE of 66%.
This same week in 2022, the Dollar Volume was $113 Million.
Compared to this past week in 2024, it’s an INCREASE of 22%.
This past week there were 26 New Listings coming onto the market.
With 24 Listings going into contract, this INCREASES the inventory by 2 Listings.
The breakdown of these 26 New Listings are:
6 Between $10 and $20 Million
5 Between $5 and $10 Million
2 Between $3 and $5 Million
4 Between $2 and $3 Million
9 Between $1 and $2 Million
The overall inventory as of 5/28/2024
1,963 Total Listings (Active & In Contract)
1,506 Active Listings
457 In Contract Listings
*Data according to the East End Long Island listing system
