by 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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