Monday Morning Matters How’s the Market

Monday Morning Matters How’s the Market

Today's the day to secure the almighty East Hampton Village Beach Pass!

Our beautiful Village beaches are some of the most breathtaking ocean beaches in the world. And they include Georgica Beach, Main Beach, Wyborg Beach, Egypt Beach and Two Mile Hollow.

East Hampton‘s Main Beach has consistently been ranked in the top 10 beaches in the world by Dr. Beach. Enjoying a day at Main Beach includes a gorgeous wide sandy beach, and amenities such as the Beach Hut which serves great food, coffee, wine, and beer. All of the village beaches are lifeguarded and all but two have bathrooms. 

Fun fact… My father was an East Hampton Village lifeguard in the late 60s and the 70s, and that tradition was passed down to both of my brothers and my two daughters. The amount of lives saved by the East Hampton Village lifeguard staff is countless.

Now to the market:

Here’s what happened in the market this past week

Over the past week, there were 24 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 11%.

This same week in 2023, there were 18 Listings that went into contract.

Compared to this past week, it’s an INCREASE of 33%.                                               

The breakdown of these 24 Transactions are:

1 Between $10 and $15 Million 

3 Between $5 and $10 Million 

4 Between $3 and $5 Million 

Between $2 and $3 Million 

4 Between $1 and $2 Million 

7 Under $1 Million 

Over the past week, the Dollar Volume was $74 Million.

Compared to this same week last year (2024), the Dollar Volume was $102 Million.

Which is a year over year DECREASE of 27%.

This same week in 2023, the Dollar Volume was $37 Million.

Compared to this past week, it’s an INCREASE of 100%.

This past week there were 19 New Listings coming onto the market.

With 24 Listings going into contract, this DECREASES the inventory by 5 Listings.

Work With Jennifer

With 20 years of luxury real estate experience in the Hampton's, Jennifer Wilson offers a unique and unparalleled approach to the purchasing and marketing of luxury properties in the Hamptons. Backed by the Saunders design team, Jennifer offers her clients a comprehensive and state of the art approach to marketing that promotes her luxury listings locally and globally. In addition, her strategic partnerships with NY Title Abstract Service, award winning design and staging companies, mortgage brokers, and top local attorneys makes the buying or selling process competitive and seamless.

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