Real Estate
Martha’s Vineyard likely shattered monthly land sale records in September, as the recent boom in the Island real estate market spiked to a fever pitch.
The total volume of residential development on Martha’s Vineyard has slowed in recent years, while the size of houses has increased.
The Martha’s Vineyard Land Bank reported revenues of $185,400.50 for the business week ending on Friday, Oct. 9, 2020.
Minah Worley purchased 43 North street in Edgartown from Pamela M. Dolby and Florence A. Morgan EST for $1,265,000 on Oct. 5.
An organization of Island builders is making an eleventh-hour pitch to block a plan by the Martha’s Vineyard Commission to tighten its thresholds for reviewing certain developments.
Martha’s Vineyard towns are seeing a boom in residential construction projects, as building demands soar both up-Island and down. The majority of the activity is in renovations.