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The real estate market on Martha’s Vineyard slowed in the first half of 2019. Total sales fell 19% from 270 in the first half of 2018 to 218 in the first half of 2019. Total dollar volume fell 12% over the same period from $329.6mm in 2018 to $288.5mm in 2019. Average price rose 8% from $1.22mm in 2018 to $1.32mm in 2019.  

Martha's Vineyard 2018 Real Estate Market Review

Seven closings realised over $13,000,000 in sales for Tea Lane during the last 2 months of 2018 including the highest residential sale for the year in West Tisbury.

Tea Lane Associates represented the buyer of this lovely newly built property in Edgartown which closed on October 25th for $5,150,000.  49 Morse Street is a 4,300 square foot home with 4 bedrooms, 5.5 baths and swimming pool. Centrally located on one of Edgartowns most desirable street, the property is situated two blocks from the harbor and a short stroll to town with restaurants, shops and gallerys.  A great sale for Tea Lane in historic Edgartown. 

Market News - Low inventory for the first half of 2018 meant it was a sellers market.

As the island recovers from 3 and a half, (the last one didn't amount to much), Nor'easters in two weeks, we're recapping the total number of property transactions that Tea Lane Associates has been a part of for the first three months of 2018.

This years "TEA LANE 2017 YEAR-END HIGHLIGHTS" are really impressive!

It's September (already) and there's a universal opinion on the island that, despite having the same number of weeks as any other year, this summer went faster than most! The prime July and August weeks flew by but as always we are squeezing out that extra month of September, with its bright blue skies, fluffy white clouds, spectacular sunsets, quieter roads and restaurants and of course the fishing Derby.

Mid Year Market Update

2016 Mid-Year Market Update