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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 here’s what happened in July 2024 vs June 2024
Martha’s Vineyard
Average Sales Price
June 2024 – $1852350
July 2024 – $1227291.66666667
34% down
Average Days On Market
June 2024 – 125
July 2024 – 115.64
7% down
Average Sale Price Per Square Foot
June 2024 – $993.03
July 2024 – $870.15
12% down
Median Sales Price
June 2024 – $1337500
July 2024 – $1191250
11% down
Number of Sold Listings
June 2024 – 20
July 2024 – 12
40% down
Sale to List Price
June 2024 – 94.72%
July 2024 – 91.52%
decreased by 3%
Mortgage Rate
June 2024 – 7.02%
July 2024 – 6.86%
2% down
Top 10 Sales
- $1900000 4 Hopes Way Oak Bluffs, MA
- $1700000 38 Edgewood Drive Edgartown, MA
- $1635000 163 Charles Neck Way West Tisbury, MA
- $1395000 36 Hannahs Way Edgartown, MA
- $1300000 11 Anthiers Way Edgartown, MA
- $1232500 26 Daggett Avenue Vineyard Haven, MA
- $1150000 670 State Road West Tisbury, MA
- $1050000 182 Katama Road Edgartown, MA
- $1050000 45 North Street Edgartown, MA
- $965000 20 Tia Anna Lane Oak Bluffs, MA
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