The Martha’s Vineyard Land Bank reported revenues of $427,450 for the business week ending on Friday, April 11, 2025. 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 Chilmark, where one transaction resulted in $300,000. Two transactions earned $91,650 in Edgartown. One transaction resulted in $23,000 in West Tisbury. And one transaction resulted in $12,800 in Oak Bluffs. No eligible transactions were recorded in Aquinnah, Chilmark or Tisbury.

The land bank uses its revenues to purchase and manage land for purposes of conservation, preservation and passive recreation. To date the agency has participated in the purchase of more than 4,206 acres of Vineyard land.