Over the past week there were 23 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2023), there were 25 Listings that went into contract.
Which is a year over year DECREASE of 8%.
This same week in 2022, there were 31 Listings that went into contract.
Compared to this past week in 2024, it’s a DECREASE of 26%.
The breakdown of these 23 Transactions are:
1 Between $15 and $20 Million
4 Between $5 and $10 Million
3 Between $3 and $5 Million
4 Between $2 and $3 Million
7 Between $1 and $2 Million
4 Under $1 Million
Over the past week, the Dollar Volume was $80 Million.
Compared to this same week last year (2023), the Dollar Volume was $181 Million.
Which is a year over year DECREASE of 56%.
This same week in 2022, the Dollar Volume was $74 Million.
Compared to this past week in 2024, it’s an INCREASE of 8%.
This past week there were 36 New Listings coming onto the market.
With 23 Listings going into contract, this INCREASES the inventory by 13 Listings.
The breakdown of these 36 New Listings are:
1 Over $20 Million
1 Between $10 and $15 Million
5 Between $5 and $10 Million
8 Between $3 and $5 Million
6 Between $2 and $3 Million
12 Between $1 and $2 Million
3 Under $1 Million
The overall inventory as of 8/20/2024
2,038 Total Listings (Active & In Contract)
1,578 Active Listings
460 In Contract Listings
*Data according to the East End Long Island listing system