A look at inventory and sales statistics as they fluctuated between September 2012 and September 2011. Inventory indicates the number of properties currently on the market for a given area, in this case the Island of Martha's Vineyard. The percent of assessed value compares the average assessed value of all properties sold with the average sale price of all properties, giving an indication of how closely sale prices reflect assed values.
All data is provided by LINK, the Island's multiple listing service.
|Inventory||Sept. 2012||Sept. 2011|
|Highest List Price||$30,000,000||$30,000,000|
|Percent of Assessed Value||131%||130%|
|Sales||Sept. 2012||Sept. 2011|
|Highest Sale Price||$2,900,000||$7,950,000|
|Percent of Assessed Value||102%||106%|