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 35 Listings that went into contract.
Which is a year over year DECREASE of 51%.
This same week in 2021, there were 57 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 70%.
The breakdown of these 17 Transactions are:
1 Between $6 and $8 Million
6 Between $4 and $6 Million
5 Between $2 and $4 Million
And 5 Under $2 Million
Over the past week, the Dollar Volume was $59 Million.
Compared to this same week last year (2022), the Dollar Volume was $88 Million.
Which is a year over year DECREASE of 33%.
This same week in 2021, the Dollar Volume was $166 Million.
Compared to this past week in 2023, it’s a DECREASE of 64%.
This past week there were 42 New Listings coming onto the market.
With 17 Listings going into contract, this INCREASES the inventory by 25 Listings.
The breakdown of these 42 New Listings are:
2 Over $20 Million
2 Between $10 and $20 Million
1 Between $8 and $10 Million
4 Between $6 and $8 Million
7 Between $4 and $6 Million
13 Between $2 and $4 Million
And 13 Under $2 Million
The overall inventory as of 9/26/2023
1,870 Total Listings (Active & In Contract)
1,415 Active Listings
455 In Contract Listings
*Data according to the East End Long Island listing system
