Great point properties is the leading Nantucket real estate firm specializing in Nantucket home sales and nantucket vacation rentals

The Nantucket Real Estate Market

2019 Market Report

Posted: February 14, 2020, by Edward Sanford

2019 was another solid year for the Nantucket real estate market. Total dollar volume topped $1 billion for the third straight year. Additionally, since 2014, five of the six years have topped $900 million in total sales, a remarkable consistency. However, 2019 saw a drop in both house and land dollar volume. These declines were offset by a robust commercial sales market, where dollar volume topped $83 million, helping push the total above $1 billion. House dollar volume was the lowest since 2014 and land sales returned toward the norm after a significant increase in sales volume in 2018.

Read our 2019 Market 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
AddressAreaSelling PriceListing Price% Listing PriceDOMTypeBRBA
7 South Valley Road Shimmo$4,800,000$5,695,00084.28%509Single family46.2
36 Polpis Road Polpis$1,360,000$1,595,00085.27%233Single family43
9 Carew Street Sconset$2,450,000$2,925,00083.76%655Single family32.1
56 Vesper Lane Mid Island$552,000$552,000100%0Land--
17 Bailey Road Mid Island$800,000$800,000100%0Single family42
13 Mary Ann Drive # A Mid Island$755,000$765,00098.69%87Condo33
21 Macys Lane Mid Island$1,350,000$1,675,00080.6%219Multi-Family46
10 Still Dock Town$2,225,000$2,459,00090.48%32Single family22.1
10 Still Dock Town$2,225,000$2,459,00090.48%32Single family22.1
1 Bayberry Lane Mid Island$1,400,000$1,795,00077.99%187Single family33
51 B Pleasant Street Town$1,000,000$1,295,00077.22%577Single family22.1
3 Cottage Court Town$1,350,000$1,495,00090.3%82Single family42.1

Market Archives

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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