The Vineyard real estate market showed resilience in the third quarter, with prices rising even as sales dropped and inventory rose.

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The price of the typical home on Martha's Vineyard fell for the first time in six years in 2006, as buyers left the market and sales figures dropped by nearly 30 per cent.

The median price for properties was down to around $690,000 in the third quarter of 2006, a fall of almost six per cent compared with a year earlier when the median price was around $732,000.

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