Spring has sprung on Nantucket and with it, the real estate market is showing quantifiable signs of recovery. The number of Sales in April was 29, just 1 shy of the 30 in April 2011 but the dollars that those sales represent increased 23.39% ($48 million+) compared to April 2011 ($39 million). The average price of Nantucket property has risen to $1,303,000, up 5.91% from one year ago. The average price of a house is now $1,366,000; and for vacant land the average price is $814,000. Click here the Sales History Detail April 2012 report. And contact your broker if you would like more information on the Nantucket real estate market. This is going to be a very busy summer.