The Martha’s Vineyard Land Bank reported revenues of $1,349,385 for the business week ending on Friday, Oct. 16, 2026. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions.
Much of the land bank revenue last week came from the town of Edgartown, where seven transactions resulted in $925,005. Five transactions in Oak Bluffs earned $178,080 and three transactions in Tisbury resulted in $166,100. One transaction in West Tisbury earned $33,700 and one transaction in Chilmark resulted in $46,599. No eligible transactions were recorded in Aquinnah.
The land bank uses its revenues to purchase and manage land for purposes of conservation, preservation and passive recreation.
This article appears in October 23, 2026.