Professional Documents
Culture Documents
At A Glance...
188
171
166
$271M
$299M
2012
2013
102
Properties Sold
2014
$ Volume
11
$2.5 - $3M
$3 - $3.5M
$3.5 - $4M
> $4M
6
$2
-
$2.5M
180
$120M
135
$80M
90
$40M
45
$0M
$ Volume in 2013
$ Volume in 2014
Oc
be
r
No
ve
m
to
be
r
be
r
Se
pt
em
Au
gu
st
Ju
ly
Ju
ne
ay
M
nu
ar
Ja
Ap
ril
Accepted Offers
y
Price Reductions
Number of Closings
ar
ch
4
$1.5
-
$2M
$750K - $1M
< $750K
$ - $1.5M
Sales
during
the
last
90
days
are
again
ahead
of
last
years
activity
(during
the
same
time
period)
by
22
transactions
(13.3%)
with
dollar
volume
up
more
than
$90M
(30%).
2011
Fe
br
ua
ry
$188M
$389M
2014
2013
%
Of
Change
From
Last
Year
Number
Sold $
Volume
Sold
Number
Sold $
Volume
Sold
Number
$
Volume
Sold
3
$3,909,999
9
$8,315,001
-66.7%
-53.0%
0
$0
0
$0
1
$690,000
0
$0
1
$1,255,000
5
$2,411,500
-80.0%
-48.0%
35
$67,163,775
22
$46,456,256
59.1%
44.6%
40
$73,018,774
36
$57,182,757
27.7%
11.1%
Data
Source:
LINK
Nantucket,
Nantucket
Lis5ng
Service
Residential Sales:
$894M
$610M
$683M
$674M
410
422
$481M
Number of Sales
14
20
13
12
20
20
11
10
307
484
20
323
20
$ Volume
Number
& Volume Of Properties Sold Last Month By Type
Bottom-line:
As
we
enjoy
all
that
the
holiday
season
has
to
offer
we
begin
to
re9lect
on
what
has
been
accomplished
and
what
still
needs
to
be
done
before
year-end.
Thats
certainly
true
in
real
estate
-
especially
on
Nantucket.
Land
Multi-Family
Single-Family
Land Sales:
Commercial
Condos & Co-op
Dollar Volume
$1,200M
Availability:
There
were
353
properties
(280
residential)
on-market
at
month-end
versus
355
listings
at
the
end
of
October
(283
residential)
and
419
(343
residential)
at
the
end
of
November
2013.
Of
the
34
properties
brought
to
market
in
November,
8
(23.5%)
were
previously
listed
with
an
average
time
on-market
of
266
days;
a
signi9icant
drop
from
last
years
level
.
$600M
14
20
10
12
20
20
06
08
20
20
04
20
00
02
20
20
98
19
19
96
$300M
94
Commercial Sales:
$900M
19
Land Parcels
Selling Price
% of Final
Asking
Price**
% of
Original
Price**
Lot size
(sq. ft.)
Price per
sq. ft.
Days On
Market
12 Skyline Drive
$650,000
100.00%
100.00%
74,052
$8.78
886
$885,000
N/A*
N/A*
11,326
$78.14
N/A*
$2,375,000
$3,910,000
95.19%
95.19%
80,150
$29.63
118
$1,303,333
$885,000
97.60%
97.60%
97.60%
97.60%
55,176
74,052
$38.85
$29.63
502
502
10 Bishops Rise
Total Land Sales
Average:
Median Of All Land Sales:
Residential Properties
Selling Price
% of Final
Asking
Price**
% of
Original
Price**
Price
per sq. ft
(living area)
Lot size
(sq. ft.)
Days On
Market
Living Area
Sq. Ft.
Beds
Baths
55 Union Street
$400,000
N/A*
N/A*
$193.52
Condo
N/A*
2,067
$460,000
96.03%
83.64%
$447.47
7,841
215
1,028
21 Goldfinch Drive
$561,750
107.00%
160.50%
$445.83
6,970
204
1,260
1.5
11 Beach Street
$610,000
100.00%
100.00%
$1,276.15
871
54
478
8 Nobadeer Avenue
$625,000
N/A*
N/A*
$814.86
20,038
N/A*
767
$655,025
98.50%
98.50%
$756.38
21,780
866
30 Appleton Road
$690,000
92.12%
92.12%
unknown
14,810
92
unknown
11 Wigwam Road
$700,000
N/A*
N/A*
$466.67
50,530
N/A*
1,500
2.5
$725,000
N/A*
N/A*
$193.85
20,038
N/A*
3,740
3.5
13 Bartlett Road #
$730,000
N/A*
N/A*
$242.77
20,909
N/A*
3,007
$733,000
97.86%
97.86%
$283.34
7,405
29
2,587
3.5
$750,000
N/A*
N/A*
$330.40
6,098
N/A*
2,270
$865,000
96.65%
96.65%
$693.11
5,053
24
1,248
20 Atlantic Avenue
$882,500
98.60%
98.60%
$324.93
11,326
2,716
4.5
$900,000
100.56%
100.56%
$858.78
5,663
24
1,048
$1,000,000
90.91%
90.91%
$667.11
24,829
37
1,499
$1,225,000
94.23%
73.13%
$698.80
92,783
144
1,753
37 Autopscot Circle
$1,255,000
89.96%
86.55%
$469.69
7,841
170
2,672
3.5
2.5
13 Hendersons Drive
$1,265,000
92.00%
92.00%
$687.13
19,166
91
1,841
12 Hawthorne Lane
$1,275,000
91.40%
80.95%
$374.67
40,075
349
3,403
6 Midland Avenue
$1,567,500
92.48%
82.72%
$646.66
23,958
124
2,424
2.5
$1,572,000
N/A*
N/A*
$986.20
39,204
N/A*
1,594
9 Finback Lane
$1,765,000
99.44%
99.44%
$906.99
5,227
45
1,946
4.5
$1,985,000
94.52%
86.49%
$635.20
12,632
71
3,125
2.5
3 Joy Street
$2,000,000
87.15%
87.15%
$771.90
11,238
205
2,591
2.5
38 Pleasant Street
$2,050,000
95.35%
74.55%
$602.23
7,405
439
3,404
4.5
5 Hydrangea Lane
$2,075,000
90.41%
90.41%
$791.98
4,792
131
2,620
3.5
6
$2,130,000
89.68%
89.68%
$455.52
120,330
97
4,676
23 Sankaty Road
$2,156,000
N/A*
N/A*
$638.44
8,712
N/A*
3,377
61 Millbrook Road
$2,470,000
N/A*
N/A*
$1,988.73
Condo
N/A*
1,242
94 Miacomet Road
$2,575,000
97.17%
97.17%
$472.39
80,150
5,451
6.5
47 Center Street
$2,700,000
85.04%
85.04%
$1,048.14
3,049
23
2,576
3.5
4.5
8 Coon Street
$2,700,000
96.43%
96.43%
$1,025.84
5,227
2,632
12 Coffin Street #
$3,525,000
N/A*
N/A*
$1,064.95
21,344
N/A*
3,310
16 Cathcart Road
$3,586,000
N/A*
N/A*
$1,812.94
42,689
N/A*
1,978
3 Traders Lane
17 Lincoln Avenue
Total Residential Sales
$3,695,000
97.36%
97.36%
$1,368.52
3,049
2,700
5.5
$14,250,000
91.94%
84.07%
$1,974.23
25,700
559
7,218
7.7
94.72%
94.94%
93.17%
91.45%
$761.56
$677.12
22,821
12,632
121
81
2,462
2,500
4
4
3
3
$69,108,775
Average:
Median Of All Residential Sales:
$1,867,805
$1,265,000