Nantucket Real Estate Sold September 21 – 28, 2011

There were 5 closings during the past week.  The least expensive sale was 8 Celtic Drive, a deed in lieu of foreclosure sale for $574,666.  The house was located in the Mid-Island area on .20 acre and had 5 BR/4 BA.  It was not actively listed at the time of the sale.  The most expensive sale was 23 Ocean Avenue in Sconset, selling for $2,300,000.  The fully renovated property had expansive ocean views and 3 BR/3 BA and had been listed, at the time of the sale, for$2,495,000 and was for sale for just under one year.  The average selling price of these 5 properties was $1,371,333;  median price was $1,400,000 and the average days on the market was 252 days.  Nantucket Properties Sold Since September 21, 2011

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