As we move towards the end of the second quarter of 2025, the local market is seeing increased inventory and each micro market has their own unique story to tell.
In East Hampton, there are currently 29 listings on the market between $10 million and $100 million, 42 listings on the market between $5 million and $10 million, 52 listings between $3 million and $5 million, 48 listings on the market between $2 million and $3 million, and 48 listings between $1 million and $2 million!
in Southampton, there are 15 listings on the market between $20, million and $55 million, 26 listings on the market between $10 million and $20 million, 41 listings between $5 million and $10 million, 64 listings between $3 million and $5 million, 43 listings between $2 million and $3 million and 37 listings between $1 million and $2 million.
In this market with increased supply, buyers have a lot of choice and pricing your home correctly is key to getting it sold!
Take a look at what happened last week in the market:
Over the past week there were 26 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2024), there were 27 Listings that went into contract.
Which is a year over year DECREASE of 4%.
This same week in 2023, there were 23 Listings that went into contract.
Compared to this past week, it’s an INCREASE of 13%.
The breakdown of these 26 Transactions are:
1 Between $10 and $15 Million
3 Between $5 and $10 Million
8 Between $3 and $5 Million
4 Between $2 and $3 Million
6 Between $1 and $2 Million
4 Under $1 Million
Over the past week, the Dollar Volume was $86 Million.
Compared to this same week last year (2024), the Dollar Volume was $90 Million.
Which is a year over year DECREASE of 4%.
This same week in 2023, the Dollar Volume was $93 Million.
Compared to this past week, it’s a DECREASE of 8%.
This past week there were 37 New Listings coming onto the market.
With 26 Listings going into contract, this INCREASES the inventory by 11 Listings.
The breakdown of these 37 New Listings are:
1 Over $20 Million
1 Between $15 and $20 Million
2 Between $10 and $15 Million
6 Between $5 and $10 Million
6 Between $3 and $5 Million
2 Between $2 and $3 Million
14 Between $1 and $2 Million
5 Under $1 Million
The overall inventory as of 6/17/2025
1,945 Total Listings (Active & In Contract)