A Snapshot of the Market

 

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There are currently 783 properties listed for sale on Nantucket, an all time high.  Of these, 76 have accepted offers and are considered pending sales that will likely close this year.  In spite of the recent national news regarding the housing market, Nantucket, as usual, seems to be marching to a different beat.  Comparisons of the Nantucket market to a primary home market are somewhat unreliable.  The number of sales in 2010 on Nantucket have increased 84% over 2009;  the dollars that those sales represent are up 71%, confirming that it remains a great time to buy.

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