Over the past week there were 7 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 13 Listings that went into contract.
Which is a year over year DECREASE of 46%.
This same week in 2021, there were 43 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 84%.
The breakdown of these 7 Transactions are:
1 Between $5 and $10 Million
1 Between $3 and $5 Million
2 Between $2 and $3 Million
2 Between $1 and $2 Million
1 Under $1 Million
Over the past week, the Dollar Volume was $20 Million.
Compared to this same week last year (2022), the Dollar Volume was $30 Million.
Which is a year over year DECREASE of 33%.
This same week in 2021, the Dollar Volume was $130 Million.
Compared to this past week in 2023, it’s a DECREASE of 85%.
This past week there were 15 New Listings coming onto the market.
With 7 Listings going into contract, this INCREASES the inventory by 8 Listings.
The breakdown of these 15 New Listings are:
2 Between $10 and $20 Million
6 Between $3 and $5 Million
4 Between $1 and $2 Million
3 Under $1 Million
The overall inventory as of 12/5/2023
1,799 Total Listings (Active & In Contract)
1,409 Active Listings
390 In Contract Listings
*Data according to the East End Long Island listing system
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