As of the end of June there are 56 properties listed for sale that are priced $5,000,000 and over. Of these, 18 are in the Brant Point, Cliff or Town areas. There are 22 properties east of the rotary in Shimmo, Shawkemo, Quaise, Polpis, Quidnet, Wauwinet and Squam and 6 in Siasconset. In the past 12 months, 10 properties have sold between $5MM and $10MM. These properties are selling, on average for 87% of the list price.
There are 15 properties listed between $10M and $29M and all of them (except for 2 golf courses) are located directly on the water. In the past twelve months there have been 6 sales of properties over $10M – every one located directly on the ocean or Nantucket Harbor. These sales averaged 89% of the list price, compared to 90.5% of list price for the entire market.