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: September 19, 2017 by Edward Sanford
With August real estate sales in the books, house sales for 2017 are still slightly lower than 2016. All of the decline is below $2,000,000, which is a direct reflection of the decline in inventory in that price range. As of August 31, 2017 there were only 19 houses listed under $1,000,000. As a result, below $2,000,000, transaction volume is down 20%. Inversely volume is up 18% above $2,000,000. This discrepancy is reflected in total dollar volume which is up 12% over last year on 7% fewer transactions.