Pandemic-era home sales in Tisbury have pushed property values up by 35.2 per cent, signaling a lower tax rate for the year to come.
The number of homes on Martha’s Vineyard registered as short-term rental properties shot up by 35 per cent over the summer, with industry professionals pointing to the real estate market in explaining the increase.
Halfway into 2022, the frenzied real estate market of Martha’s Vineyard is showing signs of slowing down. Land bank numbers illustrate the trend.
The distinctive Greek revival building at 15 Church Street in Edgartown that was formerly the office of Mindoro Real Estate will soon host a new business.
The pivotal question of whether to create a Martha’s Vineyard housing bank is on the table as annual town meetings and elections draw near.
A real estate developer completed his purchase of the former Edu Comp property last week, paying $2.4 million for the familiar red brick building at the head of Vineyard Haven’s Main street.