$54mm Sales Week - Feb 2-6, 2015

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$54mm Sales Week - Feb 2-6, 2015

$54mm of real estate changed hands on Martha's Vineyard a couple of weeks ago including a $22mm estate on Edgartown Harbor, a $10.85mm oceanfront property in West Tisbury, a $6.5mm waterfront house and guesthouse in Aquinnah, and a $4.425mm three-parcel compound with pool in Chilmark. Tea Lane Associates handled two of these four transactions. These four sales combined with six other transactions to create an extremely impressive week of sales for the island. In the middle of this snowy winter, obviously many people are thinking about and planning for warm days on the beach!


Martha's Vineyard Land Bank broke it's record for weekly income during the five-day period Feb 2-6. Land Bank, which collects a 2% fee on every transaction, racked up $1,079,470 beating its previous record which was set in Dec 2006. 

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Martha's Vineyard Real Estate
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