July Market Report

July was a typical month overall, though sale numbers and volume came in on the slower side compared to last year, -24% and -30%, respectively. Transactions last month totaled 22 for $60 million in volume. Buyer activity has picked up since, and there's now a healthy number of purchase contracts in the pipeline. Demand remains strong in the luxury segment, and we expect increased high-end sales activity in the second half of the year as the busy season continues.

While the number of sales is close to flat compared to this time last year, dollar volume is up 16%, and both the median and average sale price have increased year-over-year. Year-to-date, 169 transactions have closed, totaling $441 million, compared to 175 sales and $380 million last year.

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.

 

Sandpiper has been part of the island for a long time. I started here in 1997, and in 2011, Lesley and I took ownership of the agency — a decision we've never second-guessed. Winning Best of the Vineyard means a great deal to us, and we want to take a moment to say so plainly.

This award belongs to our team. Real estate is a business where the work is often invisible to the people not doing it — the early mornings, the late calls, the patience required when a deal gets complicated — at times, the pressure and stress weigh heavily. Our agents and staff show up for all of it, consistently, year after year. Some of them have been with us for a long time. That kind of loyalty isn't something you can manufacture, and we don't take it for granted, even when the pace of the day doesn't leave much room to say so out loud.

To our clients, thank you for trusting us with something as consequential as buying or selling property on Martha's Vineyard. And to the community — thank you for this recognition.

May Market Report

May saw 26 sales totaling $53 million. All transactions were under $4 million, and this is, notably, the first time this year that we've seen no sales in the upper end of the market.

Year-over-year transactions are down by just four, while dollar volume is up 21% and the median sale price has risen 5.5%.

As summer begins, we expect showing activity to increase. Watch for our June report.

April Market Report

April was a relatively quiet month, with 22 sales totaling $51 million—slightly more transactions but lower dollar volume than the 21 sales and $62 million recorded last April. The stable transaction count and lower dollar volume reflect the variety of properties that closed, not a weakening market.

Stepping back, the year-to-date numbers are encouraging. Through April, transaction counts are up by one compared to last year, and dollar volume is ahead by 34%—the gain driven primarily by the strong first quarter.

Overall market conditions remain favorable. Inventory has increased modestly to 151 properties, up from 145 a year ago, but demand is steady and well-priced listings continue to attract buyers.

Stay tuned for our May report in a few weeks.

March Market Report

Spring has arrived, and the energy we anticipated last month is here — buyers are active, the luxury segment is performing strongly, and March delivered some impressive numbers. There were 23 sales totaling $86 million, compared to 20 sales totaling $35 million last year. That represents a 141% year-over-year increase in dollar volume, a clear reflection of strong values and a robust high-end market.

Stepping back to look at the first quarter, the story is equally compelling. The first quarter of 2026 closed with the same number of transactions as Q1 2025 — 68 sales — but dollar volume surged from $127 million to $204 million a gain of nearly 60%. The market isn't just busy; it's producing exceptional value.

February Market Report

The island is returning to life, and it seems as soon as the snow started melting, buyers turned their attention back to the Vineyard. Showing activity has picked up, and we are seeing more properties going under agreement.

February recorded fewer sales and lower dollar volume than January, but the year-over-year comparison tells a stronger story. Dollar volume increased by 30% with one additional sale. 

Looking at the 2026 winter overall, volume is up 28% compared to 2025, despite a slight 6.25% dip in transactions.

January Market Report

January recorded 25 sales totaling $75 million in volume—another relatively typical month, though notably bolstered by a single high-end sale of $24 million on Edgartown Harbor.

Our 2025 market report is now complete, and a link to it is available below. Looking at the broad picture, both annual dollar volume and transaction totals across the Island have remained remarkably consistent over the past four years. Total volume has settled between $700 million and $800 million annually, with sales counts landing in the mid-300s to mid-400s.

These volume levels are comparable to what the market experienced in 2018 and 2019; however, the number of transactions required to reach that volume has declined significantly. In short, fewer properties are trading hands, but values continue to appreciate—an important dynamic that has helped sustain pricing despite lower overall activity.

December Market Report

The market ended the year without fanfare. In December, there were 35 sales totaling $63 million, reflecting average monthly closing activity.

Early data for 2025 indicates a modest rise in transactions and a 15% gain in dollar volume compared to 2024. Our annual report with island-wide statistics will be released later this month.

We anticipate a slow market in the coming months, but we will keep you informed with regular updates.