Market Analysis

We were curious to assess where we are now with the Nantucket real estate market as we are solidly in what are typically the slowest two months of the year for sales activity.  This year has been somewhat unpredictable with the number of sales down 35% at the end of

The summer of 2018 is now in the books, and a very busy summer it was!  There was a small slowdown in the real estate market in the beginning of the summer largely due to overpricing on the part of sellers.  The market picked up through July and August, and

We find it helpful to take a look at trends in the market place to help identify where the market might be headed: In November of 2017 the highest price ever was paid for a residential property on Woodbury Lane in Town, when 4 Woodbury Lane sold for $4,100,000. The

The real estate market closed out 2017 with over $1 billion in sales transfers, the strongest year ever. There have been only three other years (2014 was the most recent one) that exceeded $1 billion and 2017 was the highest one yet. The number of sales (total of 546) were

We thought it interesting to take a look at residential sales on Nantucket under $500,000 and, not surprisingly, the door is rapidly closing on that price sector of the market.  We evaluated residential properties only (single family residences, condo and cooperative ownership) and does not include those properties restricted to