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Hamptons.com
October 2, 2024

Hamptons Real Estate Market Data – Week of 9/24/2024

Steve Glickby Steve Glick
in Real Estate, Trending
Home Real Estate
Hamptons Real Estate Market Data – Week of 9/24/2024

Over the past week, there were 24 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 9%.

 

This same week in 2022, there were 35 Listings that went into contract.

Compared to this past week in 2024, it’s a DECREASE of 31%.

 

The breakdown of these 24 Transactions are:

 

4 Between $5 and $10 Million 

7 Between $3 and $5 Million 

5 Between $2 and $3 Million 

5 Between $1 and $2 Million 

3 Under $1 Million

 

Over the past week, the Dollar Volume was $81 Million.

Compared to this same week last year (2023), the Dollar Volume was $65 Million.

Which is a year over year INCREASE of 25%.

 

This same week in 2022, the Dollar Volume was $170 Million.

Compared to this past week in 2024, it’s a DECREASE of 52%.

  

This past week, there were 37 New Listings coming onto the market.

With 24 Listings going into contract, this INCREASES the inventory by 13 Listings.

 

The breakdown of these 37 New Listings are:

 

2 Over $20 Million 

7 Between $5 and $10 Million 

5 Between $3 and $5 Million 

9 Between $2 and $3 Million 

11 Between $1 and $2 Million 

3 Under $1 Million

 

The overall inventory as of 10/1/2024

2,109 Total Listings (Active & In Contract)

 

1,607 Active Listings

502 In Contract Listings

 

*Data according to the East End Long Island listing system

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