Over the past week there were 15 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 27 Listings that went into contract.
Which is a year over year DECREASE of 44%.
This same week in 2022, there were 24 Listings that went into contract.
Compared to this past week in 2024, it’s a DECREASE of 38%.
The breakdown of these 15 Transactions are:
1 Between $10 and $15 Million
3 Between $5 and $10 Million
1 Between $3 and $5 Million
2 Between $2 and $3 Million
5 Between $1 and $2 Million
3 Under $1 Million
Over the past week, the Dollar Volume was $54 Million.
Compared to this same week last year (2023), the Dollar Volume was $73 Million.
Which is a year over year DECREASE of 26%.
This same week in 2022, the Dollar Volume was $166 Million.
Compared to this past week in 2024, it’s a DECREASE of 67%.
This past week there were 35 New Listings coming onto the market.
With 15 Listings going into contract, this INCREASES the inventory by 20 Listings.
The breakdown of these 35 New Listings are:
2 Between $10 and $20 Million
9 Between $5 and $10 Million
10 Between $3 and $5 Million
6 Between $2 and $3 Million
7 Between $1 and $2 Million
1 Under $1 Million
The overall inventory as of 7/2/2024
1,948 Total Listings (Active & In Contract)
1,533 Active Listings
415 In Contract Listings
*Data according to the East End Long Island listing system
