West Tisbury June Deed Data Shows Wide Price Spread, Few Arm's-Length Sales

WEST TISBURY -- Seven property transfers recorded in West Tisbury in mid-June 2026 were dominated by trust restructurings and bank-related transactions, leaving only three deeds with publicly disclosed consideration amounts and offering limited insight into prevailing market conditions for the period.

MARKET OVERVIEW The Dukes County Registry of Deeds recorded seven West Tisbury transfers between June 12 and June 18, 2026 -- all activity for the June 12-July 11 monitoring period fell within that single week. Three of the seven deeds carried disclosed consideration amounts, ranging from $66,222 to $1,162,500; the median of those three figures was $500,000. The remaining four transfers listed no consideration, consistent with the estate-planning conveyances and non-arm's-length transactions that make up the bulk of this dataset. Seven transfers across a roughly month-long window is a modest volume, and with only three prices on record, conclusions about prevailing market conditions in West Tisbury are not supported by this data alone.

TOP SALES The highest consideration amount in the period, $1,162,500, was recorded June 15 on a deed for 1 Red Arrow Road, with Laura Love Magden and Lisa Magden listed as sellers and Martha's Vineyard Bank as the named grantee. The $500,000 consideration recorded June 12 at 7 Yellow Brick Road lists Gary A. Rome, acting as trustee, and Claire F. Rush, acting as trustee, as sellers, with Rockland Trust Co. and Mortgage Electronic Registration Systems Inc. as grantees. At 18 Otis Bassett Road, a deed recorded June 12 transferred the property from Shirley B. Howell to the Town of Edgartown for $66,222.

NEIGHBORHOOD BREAKDOWN Red Arrow Road is the only street appearing more than once in the dataset. Two related filings -- one carrying the $1,162,500 consideration and a companion lien-clearance document for 1 Red Arrow Road Lot 1, naming "Certificate of No Unpaid Common Expenses" as grantee -- were both recorded June 15, indicating a multi-step transaction at that address. The transfers with no disclosed price are spread across Pond Road (265 Pond Road) and Great Plains Road (247 Great Plains Road), with one deed carrying no street address at all. No other street appears more than once.

MARKET NOTES Four of the seven transfers bear the hallmarks of estate-planning or intra-family restructuring rather than open-market sales. A deed recorded June 18 conveyed an interest associated with Seven Gates Farm Corp. and Ralph L. Schlosstein -- no street address appears on the filing -- into a Qualified Personal Residence Trust in Schlosstein's name, a vehicle used in estate planning. On the same date, Brian R. Driscoll and Therese C. Driscoll transferred 265 Pond Road into trusts in their own names, and Grantley Schenck and Catherine Ford transferred 247 Great Plains Road into trusts also bearing their names. All three of those deeds carry no disclosed consideration, as is customary for such conveyances.

Two of the three deeds with disclosed prices list financial institutions as grantees: Martha's Vineyard Bank at 1 Red Arrow Road and Rockland Trust Co. together with Mortgage Electronic Registration Systems Inc. at 7 Yellow Brick Road. When Mortgage Electronic Registration Systems appears as a grantee, the filing typically reflects a mortgage instrument rather than a change in beneficial ownership; a bank named as grantee may similarly indicate a financing document, a foreclosure proceeding, or a deed-in-lieu arrangement rather than a conventional purchase. The $66,222 transfer at 18 Otis Bassett Road to the Town of Edgartown may represent a municipal or conservation acquisition. Taken together, this dataset reflects a week in which recordable legal activity -- estate restructurings, financing instruments, and a possible public acquisition -- outnumbered standard arm's-length residential transactions.

Recorded Deeds

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

Jun 8 - Jun 14

Jun 15 - Jun 21

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