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 26 Listings that went into contract.
Which is a year over year DECREASE of 27%.
This same week in 2021, there were 40 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 52%.
The breakdown of these 19 Transactions are:
1 Between $4 and $6 Million
5 Between $2 and $4 Million
And 13 Under $2 Million
Over the past week, the Dollar Volume was $35 Million.
Compared to this same week last year (2022), the Dollar Volume was $53 Million.
Which is a year over year DECREASE of 34%.
This same week in 2021, the Dollar Volume was $159 Million.
Compared to this past week in 2023, it’s a DECREASE of 78%.
This past week there were 38 New Listings coming onto the market.
With 19 Listings going into contract, this INCREASES the inventory by 19 Listings.
The breakdown of these 38 New Listings are:
3 Over $20 Million
4 Between $10 and $20 Million
1 Between $8 and $10 Million
2 Between $6 and $8 Million
4 Between $4 and $6 Million
8 Between $2 and $4 Million
And 16 Under $2 Million
The overall inventory as of 6/27/2023
1,764 Total Listings (Active & In Contract)
1,292 Active Listings
472 In Contract Listings
*Data according to the East End Long Island listing system
