Spring is in the air this week and the market is heating up! Over the past week there were 36 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 INCREASE of 29%.
This same week in 2023, there were 25 Listings that went into contract.
Compared to this past week, it’s an INCREASE 44%.
The breakdown of these 36 Transactions are:
6 Between $5 and $10 Million
4 Between $3 and $5 Million
5 Between $2 and $3 Million
11 Between $1 and $2 Million
10 Under $1 Million
Over the past week, the Dollar Volume was $93 Million.
Compared to this same week last year (2024), the Dollar Volume was $71 Million.
Which is a year over year INCREASE of 31%.
This same week in 2023, the Dollar Volume was $76 Million.
Compared to this past week, it’s an INCREASE of 22%.
This past week there were 36 New Listings coming onto the market.
With 36 Listings going into contract, there is no change in the inventory.
The breakdown of these 36 New Listings are:
3 Between $10 and $15 Million
5 Between $5 and $10 Million
7 Between $3 and $5 Million
4 Between $2 and $3 Million
13 Between $1 and $2 Million
4 Under $1 Million
The overall inventory as of 3/4/2025
1,800 Total Listings (Active & In Contract)
1,365 Active Listings
435 In Contract Listings
