How is the Market on Martha's Vineyard?

BUYERS MARKET REPORT: MARCH 2014

"How is the market?" Is the number one question we are asked as real estate agents on Martha's Vineyard. The answer is, of course, complex, with varying conditions from Aquinnah to Chappy. Our short answer for you is this monthly market snapshot that helps buyer clients by showing the level of activity each month. Hope you will find this information helpful and as always, your comments and questions are welcomed. 

For the full details and to subscribe to the monthly buyer report contact Rose Courcier 

Numbers for March as we see them...

New Listings:  61

Pending Sales:  44  

Inventory (as of March 1st):  485

Aquinnah:  24

Chilmark:  68

Edgartown:  124

Oak Bluffs:  110

Vineyard Haven:  100

West Tisbury:  59

Sold Units:  31 (+11%)

Sales Volume:  $21,577,000 (-17%)  

Median Sale Price

:  $420,000 (-19%)

Average Sale Price:  $696,000 (-25%)

New listings are coming to the market daily this time of year, and I invite you to use me as a resource for connecting with your Martha's Vineyard vacation home. When you need more research for a property, are looking for a price analysis, or want to schedule showings for your next trip on-island, I'm happy to put it all together for you. 

Rose Ryley Courcier

rose@sandpiperrealty.com

www.roselovesrealestate.com