$10,000 Closing Credit*
$1,999,999
2,600 SqFt
4 Beds
•3 Full Baths, 1 Partial
#73304412, Jennifer DaSilva, Listing Office: Compass
Is Vineyard Haven, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Vineyard Haven was a Buyer's Market.
Key Takeaway
Vineyard Haven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vineyard Haven, MA
How much do homes in Vineyard Haven, MA cost?
Median Sold Price
$1,325,000
$803/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$113,000(+9.3%)
Key Takeaway
Homes in Vineyard Haven have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Vineyard Haven was $1,325,000 in October 2024, up 9.3% from last year, and the median price per square foot was $803.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.1M | $950K | -14.6% |
| 2 Bedrooms | $925K | $875K | -5.4% |
| 3 Bedrooms | $1.2M | $1.2M | +1.3% |
| 4 Bedrooms | $1.4M | $1.5M | +9.4% |
| 5+ Bedrooms | $4.7M | $1.5M | -68.4% |
Summary: Vineyard Haven housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 68.4%.
Housing Supply in Vineyard Haven, MA
How many homes are available in Vineyard Haven, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 38 | -5.0% |
Summary: The Vineyard Haven real estate market had 38 homes for sale in October 2024, a 5.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 20 | 21 | +5.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Vineyard Haven housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vineyard Haven, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Vineyard Haven in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Vineyard Haven, MA
How long does it take to sell a home in Vineyard Haven, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 105 Days | +85.0% |
Summary: Homes in Vineyard Haven had an average of 105 days on market in Oct 2024, up by 85% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Vineyard Haven are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 7 homes were sold in Vineyard Haven; 29% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
