Martha’s Vineyard High End Real Estate Market Pushing for Record Year

In 2015, there have been six transactions over $10mm on the island, this is the most of any year since we started tracking this figure in 2003 and is currently tied with 2006 which was the height of the market over this time period.  These six sales ranged from $10,850,000 for waterfront property in West Tisbury to $24,750,000 for a waterfront home and compound on the south shore of Edgartown (this was the highest price ever paid for a private residence on the island). There are four months left in the year and the fall is traditionally a busy time for transactions on the island so, with one more sale over $10mm, a record may be set in 2015.