Over the past week there were 18 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 31 Listings that went into contract.
Which is a year over year DECREASE of 42%.
This same week in 2021, there were 46 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 61%.
The breakdown of these 18 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 $67 Million.
Compared to this same week last year (2022), the Dollar Volume was $109 Million.
Which is a year over year DECREASE of 39%.
This same week in 2021, the Dollar Volume was $141 Million.
Compared to this past week in 2023, it’s a DECREASE of 52%.
This past week there were 38 New Listings coming onto the market.
With 18 Listings going into contract, this INCREASES the inventory by 20 Listings.
The breakdown of these 38 New Listings are:
2 Over $20 Million
3 Between $10 and $20 Million
2 Between $6 and $8 Million
3 Between $4 and $6 Million
16 Between $2 and $4 Million
And 12 Under $2 Million
The overall inventory as of 6/13/2023
1,749 Total Listings (Active & In Contract)
1,281 Active Listings
468 In Contract Listings
*Data according to the East End Long Island listing system
