Market Analysis

The numbers are in for the month of July with 33 sales totalling $55,498,000.  The top sale was 15 Sherburne Turnpike, a waterfront property in the Cliff area, listed for $14,000,000 and selling for $12,500,000 (pictured above and below).  The least expensive sale was a vacant piece of commercial land

The numbers are out for the 2nd Quarter and the market continues to rise: 2nd Q 2014 Charts & Graphs

The data is in for the month of May and the market continues to be very active.  There were 42 property transfers in May compared to 39 in May 2013.  The sales dollars in May were $65 million compared to $53 million in 2013 – an increase of 18% overall.  The average price

The data is in for the month of April and, as expected, the real estate market continues to improve.  There were 36 property transfers in April 2013 and 37  in April 2014.  However, the sales dollars last April were $28 million compared to nearly $50 million this past month – an

Here is the statistical skinny on activity in our multiple listing service for the month of March 2014. LINK March 2014 LINK YTD 3.31.14

There were 34 closings in March, compared to 25 in 2013, an increase of 26%.   The dollars represents by these sales was a whopping $50,543,000, an increase of over 200% from the same month in 2013.  Click on the charts below to enlarge them.  

Atlantic East Market View 1st Q

1st Quarter STATISTICS

The number of properties listed for sale on Nantucket is less than half of what it was in 2011.  There are now only 267 properties listed for sale on the island.  The only 1st Quarter with fewer listings in the past decade was in 2005 when there were 182 active

We have been tracking distressed sales in our listing service and the number of  foreclosure sales, and foreclosure resales, has now dropped dramatically from the high of 46 in 2012.  There has been only one such sale to date in 2014.