Over the past week there were 13 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 19 Listings that went into contract.
Which is a year over year DECREASE of 32%.
This same week in 2021, there were 23 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 43%.
The breakdown of these 13 Transactions are:
1 Between $10 and $20 Million
1 Between $4 and $6 Million
7 Between $2 and $4 Million
And 4 Under $2 Million
Over the past week, the Dollar Volume was $46 Million.
Compared to this same week last year (2022), the Dollar Volume was $132 Million.
Which is a year over year DECREASE of 65%.
This same week in 2021, the Dollar Volume was $92 Million.
Compared to this past week in 2023, it’s a DECREASE of 50%.
This past week there were 41 New Listings coming onto the market.
With 13 Listings going into contract, this INCREASES the inventory by 28 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
2 Between $6 and $8 Million
4 Between $4 and $6 Million
21 Between $2 and $4 Million
And 8 Under $2 Million
The overall inventory as of 7/12/2023
1,748 Total Listings (Active & In Contract)
1,304 Active Listings
444 In Contract Listings
*Data according to the East End Long Island listing system
