2009 Year End Statistics Nantucket Real Estate

We have just finished the market statistics for 2009 and the most striking thing is how similar it was to 2008 in terms of the number of transactions – virtually the same. The total sales dollars, however, are down 14% from 2008. The average months on the market has dropped from 11 to 9 months in 2009. And the average price of a Nantucket house is still holding at $1,945,000, about where it has been through most of 2009. The average price of a piece of vacant land is $970,000.  Charts & Graphs 12.31.2009

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