With a nationwide median error rate of 2.4% for on-market homes and 7.49% for off-market properties, Zestimates often miss the nuanced factors that drive home values in specific markets like the Hampton’s. Down to every last sale in the area, I rely on firsthand market knowledge and a deep understanding of what makes each property unique to provide the most accurate and thoughtful pricing analysis for every buyer and seller.
Take a look at what’s happened this past week in the market:
Over the past week there were 23 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2024), there were 28 Listings that went into contract.
Which is a year over year DECREASE of 18%.
This same week in 2023, there were 20 Listings that went into contract.
Compared to this past week, it’s an INCREASE of 15%.
The breakdown of these 23 Transactions are:
4 Between $5 and $10 Million
6 Between $3 and $5 Million
5 Between $2 and $3 Million
5 Between $1 and $2 Million
3 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 $94 Million.
Which is a year over year DECREASE of 21%.
This same week in 2023, the Dollar Volume was $60 Million.
Compared to this past week, it’s an INCREASE of 23%.
This past week there were 34 New Listings coming onto the market.
With 23 Listings going into contract, this INCREASES the inventory by 11 Listings.
The breakdown of these 34 New Listings are:
5 Between $5 and $10 Million
4 Between $3 and $5 Million
6 Between $2 and $3 Million
14 Between $1 and $2 Million
5 Under $1 Million
