Over the past week there were 20 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2022), there were 30 Listings that went into contract.
Which is a year over year DECREASE of 33%.
This same week in 2021, there were 41 Listings that went into contract.
Compared to this past week in 2023, it’s a DECREASE of 51%.
The breakdown of these 20 Transactions are:
1 Between $8 and $10 Million
1 Between $6 and $8 Million
1 Between $4 and $6 Million
9 Between $2 and $4 Million
And 8 Under $2 Million
Over the past week, the Dollar Volume was $58 Million.
Compared to this same week last year (2022), the Dollar Volume was $72 Million.
Which is a year over year DECREASE of 19%.
This same week in 2021, the Dollar Volume was $144 Million.
Compared to this past week in 2023, it’s a DECREASE of 60%.
This past week there were 37 New Listings coming onto the market.
With 20 Listings going into contract, this INCREASES the inventory by 17 Listings.
The breakdown of these 37 New Listings are:
1 Between $8 and $10 Million
4 Between $6 and $8 Million
6 Between $4 and $6 Million
11 Between $2 and $4 Million
And 15 Under $2 Million
The overall inventory as of 9/19/2023
1,854 Total Listings (Active & In Contract)
1,389 Active Listings
465 In Contract Listings
*Data according to the East End Long Island listing system
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