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Daily MV Real Estate Market Update 4-22-20

Posted by David Lott on April 22, 2020
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Daily MV Real Estate Market Update 4-22-20

market-update-4-22-20

New to market: West Tisbury estate on 11.95 acres w/ pool.

Today’s Daily MV Real Estate Market stats show that 19 listings have come on the market on Martha’s Vineyard in the past two weeks. Adding in homes returned to market and the total number of listing additions is 29.

Overall, in April 40 listings have come on or returned to market, plus there have been seven offers to purchase. It’s not a hot market, but it is a market that is continuing to function in the face of a daunting environment.

Stay abreast of island real estate trends on the Vineyard as they unfold, and visit the blog for the Daily MV Real Estate Market Updates which creates a snapshot of the previous 14 day’s activity, plus identifies emerging trends.

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 4-22-20

Real Estate Activity the Past 14 Days

New Listings: 19                 Up 1 Since Last Update

Avg. $: $2,238,358
Median $: $1,800,000

Back on Market: 10            No Change

Avg. $: $2,176,600
Median $: $948,500

Offer to Purchase: 6           Up 2

Avg. $: $1,305,000
Median $: $1,292,500

Sold: 10                                   No Change

Avg. $: $1,194,800
Median $: $1,042,500

Off Market: 6                       No Change

Avg. $: $4,213,333
Median $: $2,572,500

Daily MV Real Estate Market Update 4-22-20

TODAY’S FEATURED LISTING

market update 4-22-20
You can find cozy spots in this spacious West Tisbury home.

25 Flint Hill Road, West Tisbury
6 BRs/4.5 BAs – 3,699 SF – 11.95 Acres
Asking $ 2,195,000

This finely crafted West Tisbury estate sits on 11.95 acres with a pool and separate guest suite. Recently renovated and designed by Hutker Architects, this spectacular home features 6 BRs/4.5BAs.

The outdoor spaces are just as beautiful as the interior, including a circular stone patio with fire-pit, flower gardens, expansive lawn and spacious back deck overlooking the gunite pool. In addition, there is a pool house with changing room, outdoor shower and sauna. (Listed by Wallace & Co. Sotheby’s)   Send Me More Information about this Home!

Key Features: West Tisbury Estate w/ Pool

  • 6 BRs/4.5 BAs, 11.95 Acres
  • 3,699 SF
  • Gunite pool, pool house, outdoor shower/sauna
  • Recently renovated
  • Large living room with stone fireplace
  • Gourmet kitchen w/ pantry
  • Easy access to Lambert’s Cove Beach
  • Send Me More Details about this Home!
    market update 4-22-20Real Estate Market Update 4-22-20 Stay abreast of island real estate trends as they unfold & read our summary of the previous 14 day’s real estate activity along with portraits of emerging trends in the market.

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