Professional Documents
Culture Documents
At A Glance...
98
87
87
$166M $146M
$158M
$110M
2011
112
98
$97M
2012
2013
2014
Properties Sold
2015
$ Volume
1
$3.5
-
$4M
> $4M
1
$3
-
$3.5M
3
$2.5
-
$3M
3
$2
-
$2.5M
3
$1.5
-
$2M
$ - $1.5M
$750K - $1M
< $750K
$289M
$268M
$221M
$152M
$150M
145
122
148
132
Number of Sales
15
20
14
20
13
20
12
20
11
Accepted Offers
20
Price Reductions
Number of Closings
181
$ Volume
2015
2014
%
Of
Change
From
Last
Year
Number
Sold $
Volume
Sold
Number
Sold $
Volume
Sold
Number
$
Volume
Sold
4
$2,370,000
11
$18,212,689
-63.6%
-87.0%
1
$270,000
1
$725,000
0.0%
-62.8%
1
$970,000
1
$695,000
0.0%
39.6%
3
$1,749,000
3
$1,650,000
0.0%
6.0%
22
$52,223,525
26
$43,735,510
-15.4%
19.4%
31
$57,582,525
42
$65,018,199
-11.4%
-26.2%
Data
Source:
LINK
Nantucket,
Nantucket
Lis5ng
Service
Residential Sales:
$53M
$58M
Number of Sales
42
20
15
31
14
38
20
12
20
20
11
30
13
41
25
$65M
$37M
20
$44M
10
$81M
20
$ Volume
Number
& Volume Of Properties Sold Last Month By Type
Bottom-line:
Price,
Price,
Price
&
Location
Land
Multi-Family
Single-Family
Land Sales:
Commercial
Condos & Co-op
Commercial
Sales:
One
commercially
zoned
property
sold
last
month,
a
756
sq.
ft
condominium
with
one
bedroom
and
one
bath.
Twelve
commercial
properties
remain
on-market
,
versus
13
last
month
-
6
of
these
are
in
the
core
commercial
district.
Availability:
There
were
366
properties
(286
residential)
on-market
at
month-end
versus
332
listings
(257
residential)
at
the
end
of
April
and
364
(291
residential)
at
the
end
of
May
2014.
Of
the
89
properties
brought
to
market
in
May,
34
(38.2%)
were
previously
listed
with
an
average
time
on-market
of
275
days.
Average
days
on-market
for
listings
at
the
end
of
May
was
263
days
or
200
days
if
the
13
on-market
more
than
3
years
are
excluded.
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
$470,000
N/A*
N/A*
326
Condo
N/A*
1,440
5 Jeans Way #
$500,000
N/A*
N/A*
$600.96
5,663
N/A*
832
4B Witherspoon # 591-2
$620,000
94.1%
94.1%
$379.90
Condo
1,632
2.5
6B Witherspoon Drive # B
$659,000
100.0%
88.0%
$431.85
Condo
243
1,526
42 Essex Road
$695,000
95.3%
95.3%
$672.15
9199.87
51
1,034
5 Tashama Lane
$700,000
98.6%
96.6%
$555.56
6,970
99
1,260
1 H Street #
$720,000
N/A*
N/A*
$478.41
6098.40
N/A*
1,505
1.5
$786,000
N/A*
N/A*
$499.05
32,234
N/A*
1,575
1.5
$850,000
94.5%
89.6%
$509.59
3,920
347
1,668
2 Huntington Street
$950,000
86.8%
79.5%
$562.80
10,019
240
1,688
38 Macys Lane
$970,000
N/A*
N/A*
$518.16
5,227
N/A*
1,872
6 C Street
$1,175,000
N/A*
N/A*
$790.18
7,841
N/A*
1,487
$1,200,000
87.3%
87.3%
$1,343.78
1,777
210
893
4 Saratoga Lane
$1,350,000
90.3%
85.2%
$819.17
5,227
246
1,648
12 Lyons Lane
$1,375,000
93.2%
93.2%
$580.66
22,651
289
2,368
9 Lily Street
$1,600,000
94.4%
89.1%
$893.85
3,049
671
1,790
3 Academy Lane
$1,800,000
N/A*
N/A*
$709.78
4,792
N/A*
2,536
71 Milk Street
$1,820,000
96.0%
96.0%
$911.82
50,965
27
1,996
10 Gay Street
$2,350,000
94.0%
85.5%
$557.93
4486.68
224
4,212
9.5
25 Starbuck Road
$2,427,500
91.6%
91.6%
$1,298.82
34,848
259
1,869
3.5
31 Woodbury Lane
$2,461,150
91.2%
91.2%
$829.23
10454.40
157
2,968
4.5
15 Quidnet Road
$3,450,000
87.3%
81.2%
$554.48
140,699
261
6,222
6.5
13 Hedgebury Lane
$3,815,000
95.5%
99.1%
$855.38
19,998
84
4,460
6.5
$5,320,000
88.7%
88.7%
$1,259.47
307,969
34
4,224
1 Indian Avenue
$6,528,875
90.7%
77.8%
$1,359.33
11,456
319
4,803
6.5
$10,350,000
86.3%
86.3%
$3,421.49
20,909
86
3,025
5.5
$54,942,525
92.4%
93.2%
89.2%
89.1%
$835.39
$636.55
31,585
9,200
202
224
2,328
1,739
4
3
3
2.75
Average:
Median Of All Residential Sales:
$2,113,174
$1,275,000
Commercial Properties
Selling Price
9 Essex Road # A
$270,000
$270,000
Average:
Median Of All Residential Sales:
Land Parcels
$270,000
$270,000
Selling Price
% of Final
Asking
Price**
% of
Original
Price**
Beds
Baths
Condo
161
756
91.5%
91.5%
91.5%
91.5%
$357.14
$357.14
N/A
N/A
161
161
756
756
1
1
1
1
% of Final
Asking
Price**
% of
Original
Price**
89.3%
71 Goldfinch Drive
$460,000
96.0%
19 Amelia Drive
$575,000
N/A*
$1,000,000
$2,370,000
$592,500
$517,500
Living Area
Sq. Ft.
357
89.3%
Average:
Days On
Market
91.5%
$335,000
Lot size
(sq. ft.)
91.5%
17 Delaney Road
Total Land Sales
Price
per sq. ft
(living area)
Lot size
(sq. ft.)
Price per
sq. ft.
Days On
Market
10,019
$33.44
96.0%
5,868
$78.40
66
N/A*
12,632
$45.52
N/A*
N/A*
N/A*
5,227
$191.31
N/A*
92.7%
92.7%
92.7%
92.7%
8,436
7,943
$87.16
$61.96
440
253
253