A look at home sales, prices and available homes throughout each of the Island towns during October 2012. The absorption rate records the rate at which homes are selling in a given area. It is calculated by taking the total number of homes in a six-month period and dividing it by the total number of homes for sale at the end of that six month period. 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 assessed values.


All data is provided by LINK, the Island's multiple listing service.

 

 Island TotalsAquinnahChilmarkEdgartownOak BluffsVineyard HavenWest Tisbury
Homes for Sale50925521671129261
Sold Properties30119955
Absorption Rates16 months25 months52 months20 months14 months18 months15 months
Highest Sold Price$2,950,000$875,000$2,950,000$2,950,000$620,000$980,000$2,150,000
Percent of Assessed Value91%99%94%94%74%96%95%
Average Price$726,218$2,950,000$2,950,000$870,460$312,256$512,000$950,600
Median Price$515,250$2,950,000$2,950,000$650,000$317,500$445,000$720,000