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Daily MV Real Estate Market Update 4-15-20

Posted by David Lott on April 15, 2020
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Daily MV Real Estate Market Update 4-15-20

market update 4-15-20

New to market this week, 5 BRs/4BAs, close to town in Vineyard Haven.

Today’s Daily MV Real Estate Market stats show that 24 new listings have been added in the first two weeks of April. Adding in homes returned to market and the total number of listing additions is 30. That’s a 30 percent increase since the report of April 8–offering more signs that a spring market is ramping up.

We are keeping a close eye on the Martha’s Vineyard real estate market as it reacts to the current virus environment. Sales are continuing to close, new properties are coming to market and offers are being made despite the challenges in showing homes and gathering documents.

To help you keep abreast of island real estate trends as they unfold, visit the blog for the Daily MV Real Estate Market Updates which creates a snapshot of the previous 14 day’s activity.

And as the reports mount up, we will give views of larger trends as they emerge.–David Lott, Principal Broker, Vineyard Open House Real Estate. Call 508-338-2495 for information about buying or selling your home.

Daily MV Real Estate Market Update 4-15-20

Real Estate Activity the Past 14 Days

New Listings: 24      + 7 since last Update

Avg. $: $2,538,033
Median $: $2,049,500

Back on Market 6        No Change

Avg. $: $1,172,500
Median $: $1,190,000

Offer to Purchase 4         Up 1

Avg. $: $1,012,500
Median $: $1,035,000

Sold: 10                               Down 5

Avg. $: $1,228,150
Median $: $1,140,000

Off Market: 6                    Down 2

Avg. $: $1,583,083
Median $: $1,722,250

Daily MV Real Estate Market Update 4-15-20

TODAY’S FEATURED LISTING

market update 4-15-20
Enjoy easy-breezy days on the porch on this Vineyard Haven charmer.

47 North William St., Vineyard Haven
5 BRs/4 BAs – 4,537 SF – .40 Acres
Asking $ 1,750,00

This gracious “Turn of the Century” home, has been beautifully restored and puts you a few minute’s walk from town center Vineyard Haven. Warm, caramel-colored pine floors, original woodwork and spacious rooms provide a comfortable and gracious backdrop for Vineyard living. (See this listing)

A cook’s kitchen, wrap around verandah, bluestone patio, established gardens and 4,537 SF of space spread out over 3 floors creates the perfect refuge with plenty of space for an office, hobby room and more. Bonus: Studio apartment in basement! (Listed by Coldwell Banker Landmarks) Send me more information about this home!

Key Features: North William Street, Vineyard Haven

  • 5 BRs/4 BAs, 4,537 SF, .40 Acre
  • Close to town
  • Cook’s kitchen w/ top of the line appliances
  • Partially finished basement w/ private entrance, studio apartment
  • Wrap-around verandah
  • Bluestone patio surrounded by mature plantings
  • Established gardens, large yard
  • Send Me More Details about this Home!
    Signs point to a growing spring real estate market with 30 homes for sale added in the past two weeks. Keep a close eye on the Martha's Vineyard real estate market here with the Daily MV Real Estate Market Update. The market is challenging, but there are signs of spring.

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