Welcome to The Griffin Real Estate Market Update.
If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends.
According to MLSPIN, the marketplace for Brookline, properties, here’s what happened in Q2 2023 versus Q2 2022:
Martha’s Vineyard
Average Sales Price
Q3 2022 – $1880850.18095238
Q3 2023 – $1814581.18181818
4% down
Average Days On Market
Q3 2022 – 62.88
Q3 2023 – 74.37
18% up
Average Sale Price Per Square Foot
Q3 2022 – $771.54
Q3 2023 – $906.5
17% up
Median Sales Price
Q3 2022 – $1325000
Q3 2023 – $1332500
1% up
Number of Sold Listings
Q3 2022 – 105
Q3 2023 – 110
5% up
Sale to List Price
Q3 2022 – 100.00%
Q3 2023 – 96.66%
decreased by 3%
Mortgage Rate
Q3 2022 – 6.73%
Q3 2023 – 7.55%
12% up
Top 10 Sales
- $9500000 2 Field Club Drive Edgartown, MA
- $6400000 14 Tylers Creek Oak Bluffs, MA
- $6349000 100 Meetinghouse Way Edgartown, MA
- $5700000 3 Duarte Circle Edgartown, MA
- $5100000 42 Tylers Creek Road Oak Bluffs, MA
- $5100000 15 Red Valley Road Chilmark, MA
- $4495000 23 Jennie Lane Edgartown, MA
- $4200000 15 Mill Square Oak Bluffs, MA
- $4100000 225 Bigelow Road Vineyard Haven, MA
- $4000000 1 Paulding Avenue Oak Bluffs, MA
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