Three bedroom home nestled in a wooden area on 1.37 acres. The expansive grounds and back porch are perfect for outdoor enjoyment, and the widow?s walk offers peeks of the Harbor. The current home, prime for carefree summer living, has the classic charm of Old Nantucket. There also exists the potential to build with alreadyContinue Reading
Listed in March for $750,000 11 Gray Avenue quickly got an accepted offer and sold over asking price for $802,560. Investment opportunity or fix up and enjoy this 3 bedroom home on 1.4 wooded acres. Potential subdivision into multiple lots may be possible.
Listed in October for $3,695,000 123 Cliff Road got an accepted offer in April, went under agreement in May and sold yesterday for $3,217,000. Classic Nantucket home located in desirable Cliff area with water views, deeded beach access and close proximity to the Westmoor Club. Five bedrooms, four baths with a garage set on overContinue Reading
Listed for $2,495,000 in September 216 Cliff Road sold for $2,250,000 yesterday. Four bedroom, 3.5 bath Cliff Road home with extensive landscaping, stonework and decks, including a private, recessed deck at the roof peak.
Listed in october for $1,245,000 36 Goldfinch Drive had one price reduction to $999,000, went under agreement in April and sold yesterday for $910,000. Spacious five bedroom home is in one of Naushop’s best locations. With three floors of living space, two family rooms, a covered porch, patio, and private yard, it nicely accommodates largeContinue Reading
Posted June 15, 2011
THE MONTH OF MAY
Nantucket real estate sales trends are continuing on the same path that we have seen since the beginning of the year. Transaction volume is up 12 percent, yet dollar volume is down 14 percent. The dollar trend is improving, as dollar sales were off 16 percent through April 30, 2011. Great Point Properties will take the glass half full approach, and be heartened by the higher transaction volume. With Summer approaching, we expect activity at the higher end of the market to pick up. If that occurs, the Nantucket real estate market should show a slight improvement from 2010. All things considered that will definitely be more than a glass half full. In Great Point Properties upcoming July report, we will include a full analysis of the first half of 2011. In the meantime, check out our Market Update page. This extensive Nantucket real estate resource was created with you in mind.
GREAT POINT PROPERTIES NEW MARKET UPDATE PAGE
Great Point Properties has just launched their Market Update page on the Great Point Properties website, http://www.greatpointproperties.com/market-reports. This page has real time information on Nantucket real estate sales activity. At a glance, you will be able to see current sales information, as sales occur. In addition, we are listing properties that are under contract. At the top of the page, the Quick Stats section will offer a variety of sales data that is updated as sales occur.
You will also find Great Point Properties monthly commentary to help frame this information. At the page bottom are monthly Nantucket real estate sales summaries. We will be updating features and improving this section throughout the year, with additonal monthly sales summary pages and statistics. Our goal is to provide accurate information to help you assess Nantucket real estate market activity. Coupled with our professional perspective, you will have the clearest possible outlook on Nantucket’s current real estate market. Whether you are buying or selling, knowledge and understanding are vital to making the correct decision.
No documents found.
