Over the past week there were 30 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 24 Listings that went into contract.
Which is a year over year INCREASE of 25%.
This same week in 2021, there were 46 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 35%.
The breakdown of these 30 Transactions are:
2 Over $20 Million
3 Between $10 and $20 Million
3 Between $6 and $8 Million
3 Between $4 and $6 Million
8 Between $2 and $4 Million
And 11 Under $2 Million
Over the past week, the Dollar Volume was $169 Million.
Compared to this same week last year (2022), the Dollar Volume was $103 Million.
Which is a year over year INCREASE of 64%.
This same week in 2021, the Dollar Volume was $134 Million.
Compared to this past week in 2023, it’s an INCREASE of 26%.
This past week there were 29 New Listings coming onto the market.
With 30 Listings going into contract, this DECREASES the inventory by 1 Listing.
The breakdown of these 29 New Listings are:
1 Between $10 and $20 Million
1 Between $8 and $10 Million
6 Between $4 and $6 Million
5 Between $2 and $4 Million
And 16 Under $2 Million
The overall inventory as of 9/5/2023
1,826 Total Listings (Active & In Contract)
1,375 Active Listings
451 In Contract Listings
*Data according to the East End Long Island listing system
