Cleaning out some old files, we recently came across an issue of Yankee Magazine from March of 1996 that featured an article on Nantucket called, “Can You Afford to Live on Nantucket?” It is an interesting read because so many of the challenges we face today are the same as they were 26 years ago. The biggest thing that has changed is that the prices are ten-fold what they were in 1996. The average house then was $415,000; at the end of 2022 it was just north of $4.1 million. The article gives a good snapshot of the condition of the real estate market then.
READ ON…Yankee Magazine March 1996