Over the past week there were 14 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 46%.
This same week in 2021, there were 38 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 63%.
The breakdown of these 14 Transactions are:
2 Between $6 and $8 Million
2 Between $4 and $6 Million
4 Between $2 and $4 Million
And 6 Under $2 Million
Over the past week, the Dollar Volume was $44 Million.
Compared to this same week last year (2022), the Dollar Volume was $187 Million.
Which is a year over year DECREASE of 76%.
This same week in 2021, the Dollar Volume was $135 Million.
Compared to this past week in 2023, it’s a DECREASE of 67%.
This past week there were 41 New Listings coming onto the market.
With 14 Listings going into contract, this INCREASES the inventory by 27 Listings.
The breakdown of these 41 New Listings are:
2 Over $20 Million
3 Between $10 and $20 Million
1 Between $8 and $10 Million
3 Between $6 and $8 Million
3 Between $4 and $6 Million
14 Between $2 and $4 Million
And 15 Under $2 Million
The overall inventory as of 7/25/2023
1,738 Total Listings (Active & In Contract)
1,306 Active Listings
432 In Contract Listings
*Data according to the East End Long Island listing system
