February Market Statistics ~ Martha's Vineyard

Following is Sandpiper's standard Market Report for the month of February for the island of Martha's Vineyard.

Note that both sales volume and median have declined from January - 33% and 46% respectively.

The vast majority of the current buyer activity remains well under $1.0 with 23 of the 27 sales pending

in that lower price range. We attribute the activity in this area to the fact that listing prices have dropped

considerably; there have also been several foreclosures and short sales at this price point.

Current available inventory is well over 600 and we anticipate a substantial increase in this number as 

spring listings are brought to the market.

Obviously, we are looking forward to the increased activity that the spring season will bring to the island.

PRICE
# SOLD
Under $1.0M
10
$1.0M - $3.0M
1
Over $3.0M
1

 SOLD UNIT COMPARISON

SOLD DOLLAR VOLUME COMPARISON