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Martha's Vineyard Real Estate Market Trends


Martha’s Vineyard Real Estate Sales History Current Month
September 2017
Homes Sold:
48
Condos Sold:
1
Multi-Family Sold:
3
Commercial Sold:
0
Land Sold:
8
Total Properties Sold:
60
Total Value of Sales:
$67,781,650
Median Selling Price:
$763,000
Average Selling Price:
$1,129,694
Percent of Asking Price to Selling Price:
94.50%
Percent of Assessed Value to Selling Price:
114.70%

Martha’s Vineyard Real Estate Sales History Same Month Prior Year
September 2016
Homes Sold:
53
Condos Sold:
2
Multi-Family Sold:
2
Commercial Sold:
0
Land Sold:
6
Total Properties Sold:
63
Percent Change in Number Properties Sold:
(4.76%)
Total Value of Sales: $71,312,000
Percent Change in Value of Sales: (4.95%)
Median Selling Price: $840,000
Percent Change in Median Selling Price: (9.22%)
Average Selling Price: $1,131,934
Percent Change in Average Selling Price:
(0.19%)
Percent of Asking Price to Selling Price:
94.92%
Percent of Assessed Value to Selling Price:
126.36%

Martha’s Vineyard Real Estate Sales History Prior Month
August 2017
Homes Sold:
31
Condos Sold:
1
Multi-Family Sold:
1
Commercial Sold:
1
Land Sold:
10
Total Properties Sold:
37
Percent Change in Number Properties Sold:
33.33%
Total Value of Sales: $54,138,167
Percent Change in Value of Sales: 25.20%
Median Selling Price: $792,000
Percent Change in Median Selling Price: (3.68%)
Average Selling Price: $1,203,070
Percent Change in Average Selling Price:
(6.09%)
Percent of Asking Price to Selling Price:
95.61%
Percent of Assessed Value to Selling Price:
139.38%

Martha’s Vineyard Real Estate Sales History
Year-To-Date Sales Summary for 2017
Homes Sold (Including Condos & Multi-Family):
326
Land Sold:
82
Commercial Sold:
10
Total Properties Sold:
418
Total Value of Sales
$460,167,000
Median Selling Price:
$700,000
Average Selling Price
$1,101,000
Percent of Asking Price to Selling Price:
95.85%%
Percent of Assessed Value to Selling Price:
128.80%%

Martha’s Vineyard Real Estate Sales History
Year-To-Date Sales Summary for Same Time 2016
Homes Sold (Including Condos & Multi-Family):
301
Land Sold:
79
Commercial Sold:
15
Total Properties Sold:
395
Percent Change in Number of Properties Sold:
5.82%
Total Value of Sales
$383,209,000
Percent Change in Value of Sales:
20.08%
Median Selling Price:
$635,000
Percent Change in Median Selling Price:
10.23%
Average Selling Price:
$970,000
Percent Change in Average Selling Price:
13.47%

 




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