April Monthly Market Report

There were 21 sales for $63 million in April, and two towns stood out: Edgartown tallied nearly 50% of the transactions, and Chilmark owned 40% of the dollar volume with two sales. Had it not been for those sales ($15 million and $9.525 million), volume would have been consistent with the past two months. Year over year, transactions and volume are up 5% and 13%, respectively. Listings are flooding the market, which is not unusual for May, but activity is relatively flat.

March Monthly Market Report

March statistics showed modest changes, with a 5% increase in transactions and a 10% increase in dollar volume. Looking at first quarter totals, sales and dollar volume increased 21% from one year ago due to the strong start in January.

The spring season is approaching, and inventory is steadily increasing, with new listings and properties returning to the market. March saw 16% more homes for sale than last year, and in the past 30 days alone, 62 listings were added, putting the current inventory at 170.

February Monthly Market Report

After the strong start last month, the numbers for February are disappointing in comparison, though still consistent with what we typically see at this time of the year. There were 10 fewer sales for 45% less dollar volume. Despite the decreases, year-to-date transactions and volume are up 17% and 11%, respectively.

Now that the days are longer and the ground is beginning to thaw, it finally seems as though spring is just around the corner. We are available for your questions or comments should you wish to discuss the market in greater depth.

Martha's Vineyard, renowned for its picturesque landscapes and coastal charm, is also a haven for golf enthusiasts. The island boasts a variety of golf courses, each offering a unique blend of challenge and natural beauty. Whether you're a seasoned golfer or a novice looking to enjoy a round in a serene setting, Martha's Vineyard's golf [...]

January Monthly Market Report

The year got off to a strong start. There were 29 transactions for $59 Million, 61% and 52% increases, respectively, over January 2024. Many of the transactions were generated from fall and early winter buyer activity. We may see a dip in February figures due to the typical seasonal downturn.

Annual transaction volume and dollar volume in 2024 saw 8% and 6% declines from 2023. This was the least dramatic year of decline since the 2021 peak, signaling the market is at or near stabilization.

December Monthly Market Report

The year ended with December ranking as one of the top three producing months of 2024. There were 41 transactions for just under $83 Million. Preliminary year-end figures show transaction and dollar volume decreases of about 8% from 2023.

Our 2024 report with in-depth statistics will be available later this month.

November Monthly Market Report

Winter has settled in on the island, and after two strong months, November sales figures dipped. There were 30 sales for $76 million, 47% and 31% changes from October.

At this time, there is little buyer activity, and we are seeing two times as many properties going off-market as are newly listed each week. Inventory is currently at 159 homes, down from the year’s high of 200 in August. 

The Ultimate Guide to Cocktails, Beer, and Nightlife on the Island

Introduction
When most people think of Martha’s Vineyard, they imagine stunning beaches, charming towns, and a laid-back vibe. However, the Island is also a fantastic destination for anyone looking to enjoy a good drink. Whether you’re in search of handcrafted cocktails, [...]

Are you looking to experience Martha’s Vineyard from a unique, historic angle? This island has five picturesque lighthouses with distinct charm, history, and unbeatable views. Exploring these landmarks is a memorable addition to any Martha's Vineyard vacation, renting a Martha's Vineyard vacation rental with Sandpiper Rentals makes it easy [...]

What Is the Best Beach on Martha’s Vineyard?

Martha’s Vineyard is home to some of New England’s most beautiful beaches, each offering a unique experience. From calm family-friendly shores to thrilling surf spots, the island has something for everyone. Let’s explore some of the most popular public beaches before we reveal why [...]