Nantucket Real Estate
& Vacation Rentals
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 Activity
Posted: December 5, 2017 by Edward Sanford
Eleven months are in the books and Nantucket real estate sales are still on track for one of the best sales years on record. Total dollar volume is still on track to surpass $1 billion dollars for just the third time and the first time since 2005. That year there were $1.2 billion in sales on 611 transactions. Transactions will not set any benchmarks. We expected total sales to come near last year’s total of 497. Yet the average price per house transaction is up 9% over 2016 to $2,316,000. This average has risen steadily the last four years. The median house sales price should set a record with the median price as of November 30 settling at $1,550,000.