Great Point Properties Market News

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A GOOD YEAR

Nantucket real estate sales in November were very healthy. As shown on our Market Report page,transactions were up 79% and dollar volume a solid 44% above November2011. With $680,000,000 in Nantucket real estate sales on the books for 2012 we should approach $750 million for the year with 450 transactions. That will make 2012 the best sales year since 2007. With the sale of 21 Lincoln by Great Point Properties for $14,025,000 and a sale nearby at 1 Sherburne Way for $18,250,000, even the high-end market, which lagged last year, is posting gains.

Great Point Properties -  Nantucket Home Sales Market Report, October 2012

COMING UP

In mid-January Great Point Properties will send out detailed look back at 2012 with some thoughts about the year ahead.

COUNTING OUR BLESSINGS

Great Point Properties would like to thank all of our clients, friends and family for making this such a wonderful year. We are blessed to live on such a beautiful island in all its natural and historical wonder and to be surrounded by all the people enrich our lives. We hope everyone who this letter reaches will have a wonderful holiday season and a healthy and prosperous New Year. We look forward to2013 with gratitude for all our good fortune.

GPP