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Medouie Creek Waterfront

Medouie Creek Waterfront

Nantucket rentals and real estate sales

We are a Nantucket based agency offering expertise in Nantucket real estate and Nantucket rentals.

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Where Do We Go From Here?

Total Percentage Increase of RE Sales Volume from 1990 (blue)
compared to S&P 500 Total Percentage Increase from 12.31.90 (red)

Nantucket Real Estate vs. S&P

This is an on going question from Buyers and Sellers. What we have learned over the years is that Nantucket can be impacted by significant economic events. The late 80s banking crisis, the late 90s .com bust, and the 2008-2009 financial meltdown all had negative impacts on our real estate sales. Conversely, a healthy economy, as evidenced by most of the 1990s, saw our sales market grow substantially. In general, over the last 25 years, excepting the well-documented 2004-2005 bubble, real estate sales have tracked S&P 500 returns.

S&P 500 (12.31 close)
Total Return 15 Year Comparisons 1984 to 1999 & 2000 to 2014

Nantucket Real Estate vs. S&P

The latest real estate upswing has largely been driven by the historically low interest rates and not in any response to real economic growth. The chart above shows the startling difference of two fifteen year periods (1985 to 1999 and 2000 to 2014) of the S&P 500 index. Starting in 1985 the S&P 500 grew at a nearly 14% annual compounded rate. From 2000 the return has been significantly lower at 3.23% compounded annually, and all of that growth has occurred since 2013. Based on this historical observation, if the economy, as evidenced by this index, starts to grow at a more normal rate, the S&P 500 index will respond. That might augur well for the Nantucket real estate market based on the historic trends.

Nantucket Real Estate & Vacation Rentals

Accentuated by professionalism and integrity, our team of Nantucket real estate agents and brokers is here to help you find the perfect Nantucket home.  Our knowledgeable team has local roots and can guide you with experience and an understanding of island life.  Whether you are looking for a Nantucket vacation rental or interested in purchasing on Nantucket, Great Point Properties strives to deliver service with friendliness, expertise and a sense of pride in the island of Nantucket

Great Point Properties Market Report

Posted: November 16, 2015 by Edward Sanford

With nine months completed Nantucket real estate sales have been steadily below the 2014 pace. Both transactions and dollar volume are off from last year, a consistent trend since March. As of September 30 real estate transactions are off 11% and dollar volume is off 10%.

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Great Point Properties


Swain's Neck Estate Swain's Neck Estate

260 Polpis Road

Medouie Creek Waterfront Medouie Creek Waterfront

16 Medouie Creek Road

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Great Point Properties and Tom Bresette on 228

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Real Estate Update from Great Point Properties

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Great Point Properties' Edward Sanford & Greg McKechnie

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Great Point Properties' Bill Liddle & Greg McKechnie Share New Properties for Sale.

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Nantucket's Real Estate with Great Point Properties.

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An Optimistic Outlook with Edward Sanford.

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Great Point Properties' Bill Liddle & Greg McKechnie share a new house on Grant Avenue.

Market News

Island Events Calendar

Thanksgiving 2015
Thursday, November 26, 2015

14th Annual Turkey Plunge
November 26, 2015

Nantucket Noel
November 26 - December 31, 2015

Annual Tree Lighting and Caroling
November 27, 2015

Festival of Wreaths at the Nantucket Whaling Museum
November 25 - 29, 2015

Christmas Stroll 2015
December 4th - 6th

Festival of Trees at the Nantucket Whaling Museum
December 4 - 31, 2015

Annual Red Ticket Drawing
December 24, 2015

Nantucket New Year's Celebration
December 26, 2015 - January 2, 2016

Martin Luther King Jr. Weekend
January 15 - January 18, 2016

President's Day Weekend
February 12 - February 15, 2016

Daylight Savings Begins
March 13, 2016

Nantucket Daffodil Weekend 2016
April 29 - May 1, 2016

Mother's Day 2016
May 8, 2016

20th Annual Nantucket Wine Festival
May 19 - 22, 2016

45th Annual Figawi Regatta/Memorial Day Weekend
May 27 - 30th, 2016

Nantucket Spring Restaurant Week
June 6 - 12, 2015

23rd Sam Sylvia Golf Tournament
June 12 - 13, 2016

Father's Day 2016
June 19, 2016

5th Annual Nantucket Book Fesitval
June 17 - 19, 2016

21st Annual Nantucket Film Festival (NFF)
June 22 - 26, 2016

4th of July Weekend 2016
July 1 - 4, 2016