Hamptons Actual Property Market Information – Week of 11/26/2024

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Over the previous week there have been 14 Listings that went into contract from Westhampton to Montauk.

In comparison with this identical week final yr (2023), there have been 9 Listings that went into contract.

Which is a yr over yr INCREASE of 56%.

 

This identical week in 2022, there have been 13 Listings that went into contract.

In comparison with this previous week in 2024, it’s an INCREASE of 8%.

 

The breakdown of those 14 Transactions are:

1 Over $20 Million 

1 Between $10 and $15 Million 

Between $5 and $10 Million 

1 Between $3 and $5 Million 

Between $2 and $3 Million 

3 Between $1 and $2 Million 

1 Below $1 Million

 

Over the previous week, the Greenback Quantity was $87 Million.

In comparison with this identical week final yr (2023), the Greenback Quantity was $26 Million.

Which is a yr over yr INCREASE of 235%.

 

This identical week in 2022, the Greenback Quantity was $31 Million.

In comparison with this previous week in 2024, it’s an INCREASE of 181%.

  

This previous week there have been 34 New Listings coming onto the market.

With 14 Listings going into contract, this INCREASES the stock by 20 Listings.

                                                                                                                              

The breakdown of those 34 New Listings are:

1 Between $10 and $15 Million 

4 Between $5 and $10 Million 

3 Between $3 and $5 Million 

4 Between $2 and $3 Million 

20 Between $1 and $2 Million 

Below $1 Million

 

 

The general stock as of 12/3/2024

2,007 Whole Listings (Energetic & In Contract)

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1,499 Energetic Listings

508 In Contract Listings

 

*Information in accordance with the East Finish Lengthy Island itemizing system

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