Over the past week there were 17 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 35%.
This same week in 2021, there were 41 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 59%.
The breakdown of these 17 Transactions are:
2 Between $10 and $20 Million
1 Between $8 and $10 Million
1 Between $6 and $8 Million
3 Between $4 and $6 Million
7 Between $2 and $4 Million
And 16 Under $2 Million
Over the past week, the Dollar Volume was $65 Million.
Compared to this same week last year (2022), the Dollar Volume was $85 Million.
Which is a year over year DECREASE of 24%.
This same week in 2021, the Dollar Volume was $115 Million.
Compared to this past week in 2023, it’s a DECREASE of 43%.
This past week there were 34 New Listings coming onto the market.
With 17 Listings going into contract, this INCREASES the inventory by 17 Listings.
The breakdown of these 34 New Listings are:
3 Between $10 and $20 Million
1 Between $6 and $8 Million
4 Between $4 and $6 Million
14 Between $2 and $4 Million
And 12 Under $2 Million
The overall inventory as of 8/8/2023
1,761 Total Listings (Active & In Contract)
1,314 Active Listings
447 In Contract Listings
*Data according to the East End Long Island listing system
