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The Nantucket Real Estate Market

April Market Update

April was an interesting real estate sales month on Nantucket. Transactions continued to fall short of last year’s torrid pace.

Compared to April 2021, there were 14 fewer house sales and six fewer land sales. For 2022, house sales are down 35%, and land sales are off 40% from April 30, 2021. Commercial sales for all of 2022 have been nearly non-existent, with just two for the entire year versus 26 sales as of April 30, 2021. 

Read More In Our April 2022 Market Report


One for the books. 

Anyone who says that they knew how 2021 would unfold is, well... lying. It was another banner year. Going into the year, we discussed how people have come to value Nantucket more than ever and are looking to invest in their piece of this extraordinary island. We did not anticipate the speed and levels with which the buyers approached the Nantucket real estate market. In hindsight, it all seems so clear. Decades of wealth accumulation, low-interest rates, and a unique island merged, and we should have known that we would see record sales volume. But no, we did not see it coming. Thanks to all who have worked with Great Point Properties through these very unusual times. 

Download the 2021 Annual Report

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How Great Point Properties Compiles Real Estate Sales Statistics

Great Point Properties compiles data of Nantucket real estate sale from the Nantucket multiple listing service (LINK), the Town of Nantucket Land Bank records, and the Town of Nantucket Registry of Deeds. Our goal is to provide our clients with a consistent view of the Nantucket real estate market using all available means to verify transactions. Great Point Properties includes all sales that are arm’s length market transactions, whether properties were listed by a real estate office or not. We do not include partial sales, inter-family sales, and time share sales. We do include properties restricted by an affordable housing covenant and purchases by conservation organizations.

Recent Sales

  • all
  • houses
  • land
  • commercial
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
  • YTD
Address Area Selling Price Listing Price % Listing Price DOM Type BR BA
7 Lauretta Lane Pocomo $5,250,000 $5,900,000 88.98% 217 Single family 3 3.1
1 Sparks Avenue Mid Island $3,000,000 $2,950,000 101.69% 8 Commercial - 0.2
22 York Street Town $2,900,000 $2,895,000 100.17% 30 Single family 3 3.1
6 Spinnaker Circle Miacomet $2,258,000 $2,250,000 100.36% 2 Single family 4 3
9 Bayberry Lane (Portion of) South of Town $901,000 $780,000 115.51% 12 Land - -
49 Union Street Town $1,695,000 $1,795,000 94.43% 179 Single family 1 1
5 North Beach Street Brant Point $2,425,000 $2,495,000 97.19% 147 Single family 2 2
19 Broad Street Town $5,395,540 $6,249,000 86.34% 13 Single family 3 3
7 Point Judith Lane Miacomet $1,625,000 $1,550,000 104.84% 13 Single family 3 3
15 Netowa Lane Nashaquisset $1,620,000 $1,595,000 101.57% 17 Co-op 3 2
41 Hulbert Avenue Brant Point $17,600,000 $16,950,000 103.83% 13 Single family 4 5.2
2 Farmer Street Town $4,895,000 $5,300,000 92.36% 430 Single family 4 3.1
5 Surfside Road Town $1,745,000 $1,745,000 100% 2 Multi-Family 5 4
Lot 4 Maple Lane South of Town $1,625,000 $1,700,000 95.59% 0 Land - -
6 South Shore Road Surfside $5,500,000 $5,500,000 100% Single family 7 6.3
42 Ridge Lane Fishers Landing $2,595,000 $2,595,000 100% 23 Single family 4 5
Lot 8 Maple Lane South of Town $1,570,000 $1,550,000 101.29% 0 Land - -
9 Thirty Acres Lane South of Town $3,000,000 $3,000,000 100% Commercial 14 10
19 Sherburne Turnpike, lot A Cliff $4,100,000 $4,100,000 100% 0 Land - -
102 Old South Road Mid Island $1,900,000 $2,100,000 90.48% 84 Multi-Family 4 3.2
Lot 9 Maple Lane South of Town $1,428,880 $1,500,000 95.26% 0 Land - -
141 Orange Street Mid Island $1,700,000 $1,700,000 100% 0 Land - -
2 Nautilus Lane Surfside $3,100,000 $3,295,000 94.08% 20 Single family 5 4.2
39 Monomoy Road Monomoy $6,750,000 $7,495,000 90.06% 213 Single family 5 4.1
27 Tashama Lane Surfside $1,770,000 $1,595,000 110.97% 2 Single family 2 2
8A Pine Tree Road Mid Island $1,160,000 $1,160,000 100% Single family 1 1

Market Archives

2021

Mid Year Report

Year In Review

2020

First Quarter

Mid Year Report

Year In Review

 

 

2019

First Quarter

Second Quarter

Third Quarter

Year In Review

2018

First Quarter

Second Quarter

Third Quarter

Year in Review

 

2017

First Quarter

Second Quarter

Third Quarter

Year in Review

2016

Second Quarter

Third Quarter

Year in Review

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