1686 Martha's Vineyard Deed Sold at Auction

Here is the link to the article which appeared in The Martha's Vineyard Times this week.
http://www.mvtimes.com/marthas-vineyard/article.php?id=3324

Actress Amy Brenneman Buys Martha's Vineyard Home

Actress Amy Brenneman and her husband director Brad Silberling closed on 155 Pond View Farm Road in West Tisbury, Martha's Vineyard this week. The closing price for the waterfront 5 bedroom home located on the Tisbury Great Pond was $4,300,000.

Michael J. Fox Sells Vineyard Home To Bruins' Neely

Long time Martha's Vineyard seasonal residents, Michael J. Fox and his wife Tracy Pollan, sold their home located at 4 Windy Hill Rd. in Aquinnah to Boston Bruins' Cam Neely. The $2,350,000 transaction was completed yesterday, November 1st. Does this mean the Foxes are leaving the Vineyard?

Please visit my website www.vineyardrealtygroup.com to view all properties for sale on the Vineyard. I can be reached at 617-429-5219.

Lady Gaga Rumored To Be Buying Home on Martha's Vineyard

Lady Gaga is going to be a resident of New England? According to the website Contact Music, Lady Gaga is buying a home on Martha’s Vineyard. I have no personal knowledge of this just yet but stay tuned. Also, rumored to have recently purchased home on Martha's Vineyard is a member of the famous Wrigley family out of Chicago. The rumored property is located on Edgartown Harbor. The purchase price was $17 million. Although it is not showing in the LINK real estate listing service the estate of Walter Cronkite located on Edgartown is said to be under agreement close to the asking price of $12.5 million.
In 2010 there have been 33 homes that have sold for a purchase price of $2 million or greater. Not bad for a slow year!

Worst Real Estate Market In Years...Not on Martha's Vineyard and Not in Edgartown!

Don’t believe everything that you hear on the radio, watch on TV or read on the internet, because the Martha’s Vineyard residential sales market is not the entire United States market. While there may be pockets of areas in the U.S. residential sales market that are suffering setbacks Martha’s Vineyard and Edgartown in particular are on a major upswing year over year from 2009 to 2010! See for yourself below with this information that is derived from LINK, the exclusive listing service that is used by ALL of the Martha’s Vineyard real estate brokers and agents to market and track sales.

Let the numbers speak for themselves…

Residential Sales MV
#SOLD RES $ AVE RES $ MEDIAN RES TOTAL DOLLARS
First Quarter 2009 40 $1,309,358 $471,000 $52,374,314
First Quarter 2010 78 $1,111,376 $622,500 $86,687,347
Percentage Increase +95% -15% +32% +65%

2nd Quarter 2009 62 $821,134 $511,250 $50,910,296
2nd Quarter 2010 113 $776,184 $549,625 $88,484,939
Percentage Increase +82% -5% +7.5% +74%

Residential Sales Edgartown
First Quarter 2009 9 $3,408,278 $927,000 $30,674,500
First Quarter 2010 26 $1,479,541 $807,500 $38,468,067
Percentage Increase +188% -56% -12% +25%

2nd Quarter 2009 24 $1,227,778 $605,000 $29,466,671
2nd Quarter 2010 35 $1,053,131 $707,500 $37,912,725
Percentage Increase +45% -14% +16% +28%


*Thanks to my brother Tim for pulling this information together.

New Home For Sale Edgartown, MA

New Home For Sale Edgartown, MA

Walter Cronkite Edgartown Home For Sale

The estate of Walter Cronkite was recently put on the market. Located at 40 Green Hollow Way, Edgartown, MA. The listing price is $12,250,000. Consists of 6 bedrooms and 4.5 bathrooms. Total square footage is 4,330 with 11 rooms. It sits on 1.32 harbor front acres and includes a deep water dock. Originally built in 1929 and renovated in 2005. The total assessed value is $10,539,100.

$299,000 in Edgartown, Martha's Vineyard?

Yes you read that correctly. A 3 bedroom, 3 bathroom home just reduced it's asking price to $299,000. This cape style home is located on 43 Eleventh Street South in Edgartown MA. It is a short sale. House has 5 total rooms and a full basement. There is a small outbuilding in back as well. It sits on .17 acres and is assessed at $406,000 for 2010.