Martha's Vineyard

Martha's Vineyard (Wampanoag: Noepe) is an island located south of Cape Cod in Massachusetts, known for being an affluent summer colony. It includes the smaller Chappaquiddick Island, which until 2007 was part of the same land mass before becoming detached by a storm. Often called just "The Vineyard," the island has a land area of 100 square miles (260km2). It is the 58th largest island in the United States and the third largest on the East Coast of the United States. It is also the largest island not connected to mainland by a bridge or tunnel on the East Coast of the United States. It is located in the Commonwealth of Massachusetts, as a part of Dukes County, which also includes Cuttyhunk, as well as the island of Nomans Land, which is a US Wildlife preserve, and was a US Naval practice bombing range until 1996. The Vineyard was also home to one of the earliest known deaf communities in the United States; consequently, a special sign language, Martha's Vineyard Sign Language (MVSL), developed on the island. The 2010 census reported a year-round population of 16,535 residents; however, the summer population can swell to more than 100,000 people. About 56% of the Vineyards 14,621 homes are seasonally occupied.


Oak Bluffs, MA - Single Family Properties

July Headlines
Oak Bluffs
  • No significant changes.
Other Towns In Dukes County
  • No significant changes.
Headlines are based on comparisons between this month and the same month last year unless otherwise stated.
Changes Favoring Buyers
3 Months Ending July, 2014 % Chg From Jul, 2013
Unit Sales 1 -83.3%
Inventory 36 56.5%
Months of Supply 30.5 92.0%
Market Time (Days) 294 108.5%
Price per Sq Ft for Sold $220 -44.9%
Listings Under Contract 3 -66.7%
Changes Favoring Sellers
3 Months Ending July, 2014 % Chg From Jul, 2013
Median Sale Price $762,500 105.1%
Sales to List Price Ratio 100.0% 5.1%
3-month median price this month is $762,500, the same as last month.

Inventory of 39 in July was up 11.4% from 35 in June and up 50.0% from 26 in July of 2013. New listings this month are 5, the same as last month. Months of supply of 39 in July was up somewhat from 30 in June and up substantially from 16.4 in July of 2013. On a year-over-year basis, months of supply has been rising for 7 months. This is the highest months of supply has been since October, 2009.






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    The Walsh Team

    "Best Agents in America 2013"

    William Raveis Real Estate

    73 Central St.
    Wellesley  Massachusetts 02482

    508-934-4030 508-341-4904

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    Last updated on Apr 30, 2017.

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    Last updated on Apr 30, 2017.