There are currently 58 properties listed over $5,000,000. The highest priced listing is $29,000,000. Of the 58 listings, 18 are in the Brant Point, Cliff or Town areas. There are 22 properties east of the rotary in Shimmo, Shawkemo, Quaise, Polpis, Quidnet, Wauwinet or Squam and 6 in Sconset. There have been 17 sales of properties that have sold for over $5MM in the past 12 months. Properties that sell for over $5MM are selling, on average, for 87% of the list price compared to 91% for the entire market.
There are 16 properties listed between $10MM and $29MM and all of them (except for 3) are located directly on the water. In the past 12 months, there have been 6 sales of properties for over $10MM – all of them directly on the ocean or Nantucket Harbor.