Nantucket Real Estate Agent Blog

Nantucket Real Estate Market update - Sold, Offers, Purchase Contracts for 2009 (as of Sept 30th)

Posted by Brian Sullivan

9/30/09 5:09 PM

Activity in the Nantucket real estate market has picked up significantly this past summer and we are continuing to see strong real estate sales activity in the luxury market. We have seen recent sales up to $15 million dollars. There has also been a correction in listing prices island wide that have made homes more affordable then in the height of the market in 2006, you can now buy an Nantucket vacation home under $1 million. If you are new to the Nantucket and would like help with the data that is listed below please feel free to email or call. Listed here are all properties that have sold on Nantucket, have offers to purchase, and purchase and sale contracts written. I will continue to update this Nantucket Real Estate Blog with more information on my favorite listings, price reductions, sales of island properties.

There are currently 654 properties for sale on Nantucket island, that includes land, commercial, single family, condos and short sales where the bank is involved in the sale of the property. The least expensive property on nantucket is a small studio condo for $195,000 and the most expensive estate for sale on Nantucket island is currently listed for $38,500,000.

Click here to download spreadsheet

   
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