Over the past week there were 27 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 22 Listings that went into contract.
Which is a year over year INCREASE of 23%.
This same week in 2022, there were 29 Listings that went into contract.
Compared to this past week in 2024, it’s an DECREASE of 7%.
The breakdown of these 27 Transactions are:
1 Over $20 Million
1 Between $10 and $15 Million
4 Between $5 and $10 Million
2 Between $3 and $5 Million
7 Between $2 and $3 Million
8 Between $1 and $2 Million
4 Under $1 Million
Over the past week, the Dollar Volume was $103 Million.
Compared to this same week last year (2023), the Dollar Volume was $64 Million.
Which is a year over year INCREASE of 61%.
This same week in 2022, the Dollar Volume was $118 Million.
Compared to this past week in 2024, it’s an DECREASE of 13%.
This past week there were 54 New Listings coming onto the market.
With 27 Listings going into contract, this INCREASES the inventory by 27 Listings.
The breakdown of these 54 New Listings are:
1 Between $15 and $20 Million
1 Between $10 and $15 Million
9 Between $5 and $10 Million
13 Between $3 and $5 Million
17 Between $2 and $3 Million
10 Between $1 and $2 Million
3 Under $1 Million
The overall inventory as of 9/17/2024
2,092 Total Listings (Active & In Contract)
1,589 Active Listings
503 In Contract Listings
*Data according to the East End Long Island listing system