Monday, June 18, 2012

Real estate news on Martha's Vineyard

Good Monday Martha's Vineyard!  In real estate news, there are 28 new listings in the last 5 days with an average price of $1,034,704 and a median price of $975,000.

18 Properties had a price reduction.

5 Properties sold with an average price of $744,500 and a median price of $737,500.  The average Days on Market was 193 days.


Thursday, June 14, 2012

Maybe my background would be boring!  What you probably most want info on is the Island real estate market.

In the last 7 days 33 new listings came on the market with an average asking price of $1,563,613 and a median asking price of $839,000.

In the last 7 days 3 properties SOLD.  The average sale price was $816,000 and the median sale price was $899,000.

The average Days on Market for the 3 SOLD properties was 203.

Stay tuned for the beginning of the story of our endeavor!

Monday, June 11, 2012

I went to see the movie "The Most Exotic Marigold Hotel" and Judi Dench's character wrote a blog about  being in India - a very new environment.  It gave me that idea that I should blog about my experiences in opening a real estate company.  It might be useful information for some - entertaining for others and at times a bit frightening!  So, where to begin.  Perhaps a bit about my real estate background.  It will explain why I was asked to open this real estate office.  Stay tuned . . .