Over the past week there were 30 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 50%.
This same week in 2021, there were 57 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 47%.
The breakdown of these 30 Transactions are:
1 Between $10 and $20 Million
1 Between $6 and $8 Million
2 Between $4 and $6 Million
5 Between $2 and $4 Million
And 22 Under $2 Million
Over the past week, the Dollar Volume was $76 Million.
Compared to this same week last year (2022), the Dollar Volume was $54 Million.
Which is a year over year INCREASE of 41%.
This same week in 2021, the Dollar Volume was $176 Million.
Compared to this past week in 2023, it’s a DECREASE of 57%.
This past week there were 39 New Listings coming onto the market.
With 30 Listings going into contract, this INCREASES the inventory by 9 Listings.
The breakdown of these 39 New Listings are:
1 Over $20 Million
2 Between $10 and $20 Million
2 Between $8 and $10 Million
5 Between $6 and $8 Million
4 Between $4 and $6 Million
8 Between $2 and $4 Million
And 17 Under $2 Million
The overall inventory as of 5/16/2023
1,756 Total Listings (Active & In Contract)
1,263 Active Listings
493 In Contract Listings
*Data according to the East End Long Island listing system
