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Welcome to The Griffin Real Estate Market Update, I’m Danny Griffin.
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 Martha’s Vineyard, here’s what happened in April 2024 vs March 2024:
Martha’s Vineyard
Average Sales Price
March 2024 – $1393161.53846154
April 2024 – $2890000
107% up
Average Days On Market
March 2024 – 128
April 2024 – 126
2% down
Average Sale Price Per Square Foot
March 2024 – $768.42
April 2024 – $1066
39% up
Median Sales Price
March 2024 – $1140000
April 2024 – $2225000
95% up
Number of Sold Listings
March 2024 – 13
April 2024 – 17
31% up
Sale to List Price
March 2024 – 92.34%
April 2024 – 95.30%
increased by 3%
Mortgage Rate
March 2024 – 7.01%
April 2024 – 7.31%
4% up
Top 10 Sales
- $12000000 103 Main Street Vineyard Haven, MA
- $4900000 3 Pepperbush Lane Chilmark, MA
- $4400000 26 Harding Hill Chilmark, MA
- $3840000 17 Lenssen Way Edgartown, MA
- $3800000 109 School Street Edgartown, MA
- $2500000 3 Mayhew Way Oak Bluffs, MA
- $2400000 41 Hidden Village Road West Tisbury, MA
- $2300000 28 Woodhaven Drive Edgartown, MA
- $2225000 437 State Road Aquinnah, MA
- $2200000 59 Field View Lane West Tisbury, MA
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