Hamptons Real Estate Market Data – Week of 6/13/2023

Over the past week there were 19 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 18 Listings that went into contract.

Which is a year over year INCREASE of 5%.

This same week in 2021, there were 30 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 37%.

The breakdown of these 19 Transactions are:

2 Between $10 and $20 Million

1 Between $6 and $8 Million

1 Between $4 and $6 Million

6 Between $2 and $4 Million 

And 8 Under $2 Million

Over the past week, the Dollar Volume was $83 Million.

Compared to this same week last year (2022), the Dollar Volume was $50 Million.

Which is a year over year INCREASE of 66%.

This same week in 2021, the Dollar Volume was $100 Million.

Compared to this past week in 2023, it’s a DECREASE of 17%.

This past week there were 25 New Listings coming onto the market.

With 19 Listings going into contract, this INCREASES the inventory by 6 Listings.

The breakdown of these 25 New Listings are:

1 Over $20 Million

2 Between $10 and $20 Million

2 Between $8 and $10 Million

3 Between $6 and $8 Million

1 Between $4 and $6 Million 

7 Between $2 and $4 Million 

And 9 Under $2 Million

The overall inventory as of 6/20/2023

1,752 Total Listings (Active & In Contract)

1,285 Active Listings 

467 In Contract Listings

*Data according to the East End Long Island listing system