June Market Report

June tallied 31 sales totaling $76 million, a rebound from May's $50 million and a return to activity at the upper end of the market. Sales included a $14.75 million waterfront parcel of land in Edgartown and a $5 million home on the Lagoon, along with several other properties priced above $3 million.

Year-to-date, 147 transactions have closed, totaling $381.7 million compared to 146 sales and $294.5 million last year.

The Island felt busier this July 4th than in past years, perhaps because the holiday fell on a weekend or because the weather was simply perfect. With summer now in full swing, we expect activity to continue at a steady pace. July stats should be out early next month.