Two of Three Aquinnah Sales Land on Old South Road This Period

AQUINNAH -- Three deeds recorded in Aquinnah over the past month show a limited but concentrated market, with two of the three sales occurring on Old South Road and prices ranging from $225,000 to $600,000.

MARKET OVERVIEW The Dukes County Registry of Deeds recorded three property transfers in Aquinnah between Aug. 14 and Sept. 12. Of those, two included a stated sale price: $225,000 and $600,000, a range of $375,000. The median sale price for the period was $412,500, calculated from the two disclosed figures. The third transaction, recorded Sept. 11, listed no consideration amount, which is common for deed records involving trusts and is not by itself unusual. With just three recorded sales across a four-week span, the raw count points to a limited volume of activity; the data does not include prior-period or year-over-year figures for comparison, so no broader trend can be established from this dataset alone.

TOP SALES The highest-priced transaction was 32 Old South Rd., which sold for $600,000 on Aug. 14. The sellers were Richard L. Greenman and Bernadine Greenman. The buyers were listed as COM LLC and Mortgage Electronic Registration Systems Inc. Bed, bath and square footage figures were not available in the deed record. The second sale, 22 Old South Rd., sold for $225,000 on Sept. 9. Old South Road LLC was the seller, and Martha's Vineyard Bank was the buyer. As with the first sale, no bed, bath or square footage data accompanied the deed record. A third deed, recorded Sept. 11 for a property listed in the data only as located in Aquinnah, did not disclose a sale price. The seller was listed as Dogfish Bar Trust, with Jeffrey L. Madison named as trustee. No buyer was listed in the record.

NEIGHBORHOOD BREAKDOWN Two of the three recorded sales this period, at 22 and 32 Old South Rd., occurred on the same street, meaning every disclosed-price transaction in the dataset came from that one road. By price tier, the two disclosed sales split across brackets: one under $500,000 (22 Old South Rd. at $225,000) and one between $500,000 and $1 million (32 Old South Rd. at $600,000). The third sale, with its price not disclosed, was recorded at an address given only as Aquinnah, without a specific street listed in the data.

MARKET NOTES No bed, bath or square footage figures were available for any of the three sales, so no price-per-square-foot comparison can be drawn from this dataset. The $600,000 sale at 32 Old South Rd. listed two grantees, COM LLC and Mortgage Electronic Registration Systems Inc.; the data does not explain the reason for the joint listing. Seller types varied across the three deeds: individuals (Richard L. and Bernadine Greenman), a limited liability company (Old South Road LLC), and a trust (Dogfish Bar Trust). The buyer in the $225,000 sale was a financial institution, Martha's Vineyard Bank, rather than an individual. The trust transfer carrying no disclosed price is consistent with a pattern common to deed records involving trusts, where consideration amounts are frequently omitted; the data gives no indication of why that particular transfer occurred and none should be inferred. With only three transactions recorded, these observations describe this specific dataset and should not be read as a broader market signal.

Recorded Deeds

Source: Registry of Deeds. Sale amounts shown as recorded; transfers without a disclosed consideration are noted as such.

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.