Nantucket Real Estate: Month of April 2015

The April sales numbers are in with 25 sales for a total of $24.5 million.  This compares to 36 sales (nearly $50 million) for April of 2014.  For a complete list of transaction for April click here: 2015-04 LINK DATA The least expensive residential sale was the sale of 9A

Nantucket Real Estate: 1st Q Round Up 2015

Atlantic East Natnucket Real Estate

We are especially excited to welcome spring this year after one of the longest, snowiest and stormiest, winters in memory. Winter is finally releasing its grip on Nantucket with longer days, actual warmth from the sun (when it is out) and signs of daffodils and forsythia coming into bloom.  Nantucket

Nantucket Real Estate: Month of February 2015

The numbers are in for the very short month of February and there were 24 sales for a total of $52 million.  This compares to 30 sales in 2014 for a total of $61 million.  For a complete list of transactions in February please click here:  2015-02 LINK Data. The

Nantucket Real Estate: Month of November 2014

The numbers are in for the month of November and, as predicted, the real estate market on Nantucket continues to perform extremely well.  There were 40 sales, representing $73 million in November, compared to 35 sales, for $56 million in November 2013.  The least expensive residential sale during the month was

Nantucket Real Estate: Month of October 2014

The numbers are in for the month of October and it was the busiest October in more than 10 years.  There were 84 closings for a total of $162,367,518.  Compare this to 2013 with 72 closings for $143 million and 2012 with 63 for $105 million.  There were 63 sales

Nantucket Real Estate: 3rd Quarter 2014

Last week’s national job numbers are encouraging with the unemployment rate falling below 6% for the first time since 2008. Interest rates remain relatively unchanged but, if the labor market (and broader economy) continues to pick up steam, that may increase the chances of the Federal Reserve raising interest rates