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Nantucket Real Estate market graph Great Point Properties Market Report

Edward Sanford

Posted April 24, 2012
The first quarter of 2012 was very solid and also very similar to the first quarter of 2011.Nantucket real estate sales expanded 33% in transactions and 32% in dollar volume over the same time period of 2011.Yet there were some striking similarities to 2011.
Notably, Nantucket real estate sales increased in all price segments below $3,000,000. Above $3,000,000, sales are nearly identical to the 2011 numbers. The trend of a majority of sales activity occurring in the lower end of the market bears a strong resemblance to 2011.
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