Nantucket Real Estate Agent Blog

My blog is designed to be a resource for buyers and sellers of property on Nantucket covering topics about Market Trends, Island Life, Selling Tip, Buying Tips and more. Please feel free to join in the conversation by commenting below blog posts or feel free to contact me directly. Thank you for reading.

Brian Sullivan
nantucketsully@gmail.com


Nantucket Summer 2011 Home Rentals

Posted by Brian Sullivan

1/2/11 1:09 PM

Booking a Nantucket Vacation Rental for Summer 2011!

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Topics: Rentals, Nantucket Real Estate, Nantucket Vacation Rentals, 4th of July Nantucket, Nantucket Beachs

New to Nantucket Real Estate Agent - Market Stats

Posted by Brian Sullivan

12/12/10 1:27 PM

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Topics: Property for sale on Nantucket, Nantucket Real Estate, Nantucket Sold Data, Nantucket Real Estate Market Stats

Cliff Road Bike Path on Nantucket - Work has begun!!

Posted by Brian Sullivan

12/3/10 1:13 PM

I was headed up Cliff Road on Nantucket this morning and am surprised and excited to see work has begun on the long awaited bike path extension.  The bike path will extend from Tuppancy Links to Sheruburne Turnpike and pass right by the main entrance to the Westmoor swim and tennis club. 

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Topics: Nantucket, Property for sale on Nantucket, Nantucket Real Estate, Nantucket Vacation Rentals, Sold Property Nantucket

Nantucket Waterfront Rental Home Available Full Season 2011

Posted by Brian Sullivan

9/15/10 1:28 PM

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Topics: Nantucket Real Estate, Nantucket Vacation Rentals, Nantucket Beachs, Waterfront Rental on Nantucket

Mid Summer 2010 Nantucket Real Estate Market Update

Posted by Brian Sullivan

8/14/10 7:48 AM


Summer 2010 on Nantucket has been spectacular!  The weather has been best I can remember in 15 years on island.  Making for happy vacationers and generating excitement with buyers of Nantucket Island Real Estate.  The real estate market on island had bucked the trends that are taking place in other locations around the United States, it seems a pent up demand and historically low interest rates have motivated buyers in all price points to put deals together.  After years of slow activity sellers have adjusted pricing to current market and people are seeing value. 

At the time of writing this post there are 68 properties listed having accepted contracts, the number is higher then that because some sellers have instructed their agents to wait for fully executed purchase and sale agreements to mark the property as under contract.  There are 495 single family homes listed for sale on Nantucket and 103 Parcels of land.  Since the first of the year there have been 162 sales that have closed and are now under new ownership, the average price of these sales is $1,698,702.  Compared to the same time period in 2009  there were 92 sales with an average price of $1,789,790.  Activity is up significantly!

There have been 15 sales that have closed over $4,000,000 and another 10 that have accepted contracts with an average price of $12,266,700.  To see the listings mentioned above that are under contract visit this page.

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Topics: Summer 2010, Nantucket Real Estate, Nantucket Market Update, Sold Property Nantucket

   
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