The information presented in this section of our site has appeal to buyers and sellers alike. Understanding current market trends and sales history is essential in understanding how to price your home or position your offer. A few things to bear in mind as you look through this information: Properties on Martha’s Vineyard tend to stay on the market longer than in off-island communities. This information is reflected in the Days On Market (DOM) information that is included in the town data and can also be found in the property details in our properties database. Neither buyers nor sellers should consider a property that has been on the market for over 10 months to be “stale.” Island transactions tend to be greatly affected a by seasonal activity —influences that affect both buyers and sellers — resulting in longer sales periods. Overall, island property values remain quite solid, and are continuing to appreciate, albeit more slowly than during the peak of 2000. Favorable interest rates and a strong housing market continue to support prices, and most "sold" prices are within a reasonable percentage of asking price. Properties on the higher end of the market—those priced over $1.5mm—have seen the greatest softening, with some price reduction and/or price negotiation sometimes needed to complete a sale. To gain a better understanding of what has sold, or to find comps to a property you are interested in making an offer on, browse our database. At any time, if you have questions or would like more information on property values on Martha’s Vineyard, please do not hesitate to contact us.