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Hamptons.com
July 6, 2023

Hamptons Real Estate Market Data – Week of 6/27/2023

Steve Glickby Steve Glick
in Real Estate, Trending
Home Real Estate
Hamptons Real Estate Market Data – Week of 6/27/2023

Over the past week there were 21 Listings that went into contract from Westhampton to Montauk.

Compared to this same week last year (2022), there were 23 Listings that went into contract.

Which is a year over year DECREASE of 9%.

 

This same week in 2021, there were 43 Listings that went into contract.

Compared to this past week in 2023, it’s a DECREASE of 51%.

 

The breakdown of these 21 Transactions are:

1 Between $10 and $20 Million

2 Between $4 and $6 Million

8 Between $2 and $4 Million 

And 10 Under $2 Million

 

Over the past week, the Dollar Volume was $62 Million.

Compared to this same week last year (2022), the Dollar Volume was $164 Million.

Which is a year over year DECREASE of 62%.

 

This same week in 2021, the Dollar Volume was $142 Million.

Compared to this past week in 2023, it’s a DECREASE of 56%.

  

This past week there were 29 New Listings coming onto the market.

With 21 Listings going into contract, this INCREASES the inventory by 8 Listings.

 

The breakdown of these 29 New Listings are:

1 Over $20 Million

3 Between $10 and $20 Million

1 Between $8 and $10 Million

4 Between $6 and $8 Million

4 Between $4 and $6 Million 

7 Between $2 and $4 Million 

And 9 Under $2 Million

 

The overall inventory as of 7/4/2023

1,730 Total Listings (Active & In Contract)

 

1,273 Active Listings 

457 In Contract Listings

 

*Data according to the East End Long Island listing system

 

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