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The Moore property at 3 Oxcart Road in Aquinnah was just listed this week for $2,350,000. It’s a 1.5 acre property beachfront on the Vineyard Sound  with a year-round 3-bedroom home. This area of Gay Head has been quite active in the recent past. There have been 4 sales in this neighborhood in the past year and a half ranging from $700,000 for a simple summer camp to $2,250,000 for a beautiful waterfront two-bedroom home. There are currently  3 properties on the market on Oxcart Road. It’s a desirable area due to the classic island landscape of beach grass dunes and the excellent swimming and fishing on this stretch of coastline. All owners and renters in Aquinnah have access to Philbin Beach as well on the Atlantic side of town and Aquinnah offers two town beaches on Menemsha Pond for kayaking, paddle boarding and mooring boats. Buyers are discovering all the beach and water access in Aquinnah, and combining that with a waterfront property makes for a heavenly situation.

The Howe parcel at 4 South Abels Hill Road in Chilmark sold last week. This is a strong sale which gives key information for the Chilmark land market. This 1.2-acre parcel had strong water views and easy walk to Abel’s Hill ocean beach. The property was originally listed for sale in July 2008 at an asking price of $2,250,000. Due to the economic collapse in 2008 and perhaps the parcel’s location on South Road, this property was on and off the market for several years. It was finally listed in January 2013 at $1,695,000 and sold 6/4/14 for $1,500,000. This is a benchmark for other waterview and walk-to-water parcels in Chilmark this summer.

The real estate market on Martha’s Vineyard remained essentially flat in 2013 compared with 2012. The number of properties sold in 2013 decreased just 1% to 502, total dollar volume decreased similarly 1.5% to $472mm, and average sales price fell just 0.6% to $941,000.