In the last year there have been 146 sales in the town of Edgartown, MA. This includes lots of land and commercial properties in addition to single family homes. It also incorporates sales on Chappaquiddick, which is part of Edgartown.
The Average Sale price was $1,019,319.00 and the Median Sales Price (a more important indicator) was $645,000.00.
The Average Days on the Market was 181.
You may be surprised to learn that there were foreclosures in Edgartown. They accounted for 11 sales in this one year period. A pretty high number considering - 7% - the perception of Edgartown.
A number of sales were private (i.e., did not use a real estate professional) but the majority were consummated with the assistance of a real estate professional (115). Experience shows that a majority of real estate transactions are facilitated by a real estate professional. Our Edgartown numbers bear this out with 80% of all sales recorded in Edgartown transacted through a real estate agency. Another reason to use a professional!
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