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 31 Listings that went into contract.
Which is a year over year DECREASE of 23%.
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 20%.
The breakdown of these 24 Transactions are:
2 Over $20 Million
1 Between $5 and $10 Million
3 Between $3 and $5 Million
3 Between $2 and $3 Million
7 Between $1 and $2 Million
8 Under $1 Million
Over the past week, the Dollar Volume was $102 Million.
Compared to this same week last year (2023), the Dollar Volume was $77 Million.
Which is a year over year INCREASE of 32%.
This same week in 2022, the Dollar Volume was $54 Million.
Compared to this past week in 2024, it’s an INCREASE of 89%.
This past week there were 46 New Listings coming onto the market.
With 24 Listings going into contract, this INCREASES the inventory by 22 Listings.
The breakdown of these 46 New Listings are:
1 Over $20 Million
1 Between $10 and $20 Million
4 Between $5 and $10 Million
11 Between $3 and $5 Million
13 Between $2 and $3 Million
9 Between $1 and $2 Million
7 Under $1 Million
The overall inventory as of 5/14/2024
1,943 Total Listings (Active & In Contract)
1,482 Active Listings
461 In Contract Listings
*Data according to the East End Long Island listing system