Nantucket: Elephantine Sales in 2014

9 Kimball

9 Kimball Avenue, Sold for $27,160,000

14 New South Rd

14 New South Road, Sold for $21,500,000

33 Squam Rd

33 Squam Road, Sold for $20,900,000

There were 30 sales over $5 million in 2014.  Of those, seven were between $10 and 15 million and three were over $20 million.  These types of properties take longer to sell (8 months) than the market average (6.5 months) because the pool of potential buyers is smaller.  The top 3 sales were all residential properties located on the water.

 

Share