Over the past week there were 34 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 32 Listings that went into contract.
Which is a year over year INCREASE of 6%.
This same week in 2022, there were 25 Listings that went into contract.
Compared to this past week in 2024, it’s an INCREASE of 36%.
The breakdown of these 34 Transactions are:
2 Between $10 and $15 Million
3 Between $5 and $10 Million
6 Between $3 and $5 Million
7 Between $2 and $3 Million
9 Between $1 and $2 Million
7 Under $1 Million
Over the past week, the Dollar Volume was $107 Million.
Compared to this same week last year (2023), the Dollar Volume was $169 Million.
Which is a year over year DECREASE of 37%.
This same week in 2022, the Dollar Volume was $106 Million.
Compared to this past week in 2024, it’s an INCREASE of 1%.
This past week there were 42 New Listings coming onto the market.
With 34 Listings going into contract, this INCREASES the inventory by 8 Listings.
The breakdown of these 42 New Listings are:
1 Between $15 and $20 Million
3 Between $10 and $15 Million
8 Between $5 and $10 Million
8 Between $3 and $5 Million
10 Between $2 and $3 Million
11 Between $1 and $2 Million
1 Under $1 Million
The overall inventory as of 9/3/2024
2,039 Total Listings (Active & In Contract)
1,552 Active Listings
487 In Contract Listings
*Data according to the East End Long Island listing system