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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: March 15, 2017 by Edward Sanford

February ​saw a slight uptick in Nantucket real estate sales. Through February 28​,​ house transactions are off slightly from the same time frame in 2016 with 51 closings ​versus 55 in 2016. Dollar volume is off only 3%. There has been a noticeable upswing in closings in the $2,000,000 to $3,000,000 price segment and a big downturn in the $1,000,000 to $2,000,000 segment.
Land transactions are in line with the previous three years with eleven transactions ​a​s of February 28th. Dollar volume is off nearly 40% as the sales have focused in the lower end of the market. For now it is difficult to see any significant changes to this very healthy market. Once March closings are in the books we can take a more expansive look at the coming year.

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Island Events Calendar

Figawi Regatta / Memorial Day Weekend
May 26th - May 29th, 2017

Spring Restaurant Week
June 5th - 11th 2017

Nantucket Book Festival
June 16th - 18th, 2017

Nantucket Film Festival
June 21st - June 26, 2017

Nantucket Yoga Festival

Race for Open Space
July 8, 2017

Nantucket Triathlon
July 15th, 2017

Nantucket Race Week
August 12 - August 20, 2017

Boston Pops on Jetties Beach
Saturday, August 12, 2017

Opera House Cup
August 20, 2017

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