There were 42 property sales in the Cliff area in 2012, with an average selling price of $3,791,635 and a median price of $2,425,000. There were 9 sales of vacant land, 1 commercial sale and 32 residential sales. The average time on the market was only 199 days, 30% lower than the market as a whole (300 days). The least expensive house sale in the Cliff area last year was 6 Derrymore Road, a bungalow-style home on a small lot in need of renovation that sold for $655,000. The highest price paid was $18,500,000 for 25 Lincoln Avenue, an compound with a main house, guest house, pool and private stairs to the beach on .79 acre overlooking Nantucket Sound. At the time of the sale the property had been listed for $19,995,000.