Over the past week there were 23 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 30 Listings that went into contract.
Which is a year over year DECREASE of 23%.
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 44%.
The breakdown of these 23 Transactions are:
2 Over $20 Million
3 Between $10 and $20 Million
1 Between $8 and $10 Million
1 Between $6 and $8 Million
8 Between $2 and $4 Million
And 8 Under $2 Million
Over the past week, the Dollar Volume was $137 Million.
Compared to this same week last year (2022), the Dollar Volume was $72 Million.
Which is a year over year INCREASE of 90%.
This same week in 2021, the Dollar Volume was $144 Million.
Compared to this past week in 2023, it’s a DECREASE of 5%.
This past week there were 32 New Listings coming onto the market.
With 23 Listings going into contract, this INCREASES the inventory by 9 Listings.
The breakdown of these 32 New Listings are:
1 Between $8 and $10 Million
4 Between $6 and $8 Million
3 Between $4 and $6 Million
12 Between $2 and $4 Million
And 12 Under $2 Million
The overall inventory as of 8/22/2023
1,804 Total Listings (Active & In Contract)
1,356 Active Listings
448 In Contract Listings
*Data according to the East End Long Island listing system
