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 27 Listings that went into contract.
Which is a year over year DECREASE of 11%.
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 17%.
The breakdown of these 24 Transactions are:
1 Between $15 and $20 Million
4 Between $10 and $15 Million
2 Between $5 and $10 Million
5 Between $3 and $5 Million
3 Between $2 and $3 Million
5 Between $1 and $2 Million
4 Under $1 Million
Over the past week, the Dollar Volume was $119 Million.
Compared to this same week last year (2023), the Dollar Volume was $157 Million.
Which is a year over year DECREASE of 24%.
This same week in 2022, the Dollar Volume was $91 Million.
Compared to this past week in 2024, it’s an INCREASE of 31%.
This past week there were 52 New Listings coming onto the market.
With 24 Listings going into contract, this INCREASES the inventory by 28 Listings.
The breakdown of these 52 New Listings are:
7 Between $5 and $10 Million
10 Between $3 and $5 Million
15 Between $2 and $3 Million
16 Between $1 and $2 Million
4 Under $1 Million
The overall inventory as of 9/10/2024
2,079 Total Listings (Active & In Contract)
1,576 Active Listings
503 In Contract Listings
*Data according to the East End Long Island listing system
