2 Nantucket Properties Transferred:

• Sales Totaled $3.06 million
• Highest Sale: 10 Pine Street for $2,338,000
• Lowest Sale: 2 L Street for $720,000
  

  Highest Sale of the Week: 10 Pine Street for $2.338 million

5 Offers Were Accepted (Prices reflect most recent asking price):

• Highest: 73 Main Street – most recently listed for $2,995,000
• Lowest: 39 South Cambridge – most recently listed for $349,000

2 Purchase & Sale Agreements Were Executed (Prices reflect most recent asking price):

• Highest: 20 Madaket Road – was most recently listed for $950,000
• Lowest:  13 Warren Street – most recently listed for $695,000

6 New Nantucket Properties Came to Market:

• Total Dollar Value: $5.13 million

• Highest Value: 12 Okorwaw Avenue $2,395,000

• Lowest Value: 61 Surfside Road $445,000
  

  New to Market: 61 Surfside Road for $445,000

6 Price Reductions:

• Largest Reduction: 95 Orange Street #2 – discounted  32  percent from original list price

We utilized the most advanced website platform in the industry and combined it with access to our proprietary market research.  Be well poised at the helm as you navigate the Nantucket real estate market. Sign up on www.windwalkerrealestate.com by December 15th & be automatically entered to win one of ten $100 Apple Gift Cards!

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• Mobile Compatible – perfect for your smartphone or iPad.
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• Listing syndication – listing exposure on Realtor.com, Trulia, Zillow, Oodle, Hotpads, Vast, & more.

Charming 4 bedroom Nantucket cottage situated at the end of a quiet shelled lane on an over-sized 9300 sf lot surrounded by privet hedge and Rosa Rugosa in the heart of ‘Sconset village.  Sold with HDC approved plans by Thornewill Design and interior design by Kathleen Hay Designs for a sophisticated and charming home with lovely architectural features throughout – evoking a summer beach cottage feel with all of the modern comforts one would want.  A cathedral ceiling great room, brand-new kitchen and baths, custom built-ins, and all new systems including A/C are just the beginning.

Exclusively Listed:  Mary Taaffe

Spacious Nantucket house with vaulted ceilings is sited on an over sized lot and features gracious front and rear yards, a 2 car garage, and Association tennis court.  16 Brant Point Road has ample room for expansion remaining and a path to Walsh street provides easy access to Jetties and Children’s Beach.

Exclusively Listed:  Liza Ottani

www.windwalkerrealestate.com / 508.228.9117

Country Conservation Views
Enjoy pastoral views over 16 beautiful acres of Land Bank property right from your own backyard.  Cape style three bedroom home with two full baths and room for expansion.  Great neighborhood located close to schools, hospital, and Surfside Beach.  Click here for further information.

$799,000 Now $750,000

Exclusively Listed:  Judy Waters

508.228.9117

judy@windwalkerrealestate.com

20 Capaum Pond Road, with outstanding water views from one of the highest points on Nantucket Island, closed today for $2,499,000!  This efficient, three  bedroom/two bath Nantucket beach house enjoys one of the most beautiful vantage points over Capaum Pond to Nantucket Sound. A hidden gem in the Cliff area now has new owners.

Listing Agent:  Mary Taaffe

Windwalker Real Estate

508.228.9117

Incredible opportunity in the heart of ‘Sconset village!  Situated at the end of a quiet, private shelled lane, 18,480 sf total, two elevated lots, side by side, both with existing four bedroom/2 bath winterized cottages with excellent rental history.  Endless possibilities abound  - use as is, renovate one or both cottages, or create a family compound – main house, cottage, pool… while always having two separate lots for future estate planning.

Visit www.24and26lincolnstreetsconset.com for more information.

Exclusively Listed:  Mary Taaffe

Windwalker Real Estate / 508.228.9117

In today’s real estate market, with historically high levels of inventory and still-declining property values, it’s ever so important to price a property competitively.  While sellers may be tempted to not leave any money on the table, overpricing a property may actually do just that.  According to Trulia.com, here’s why overpricing real estate can create problems for a seller:

“Most experts would advise that the best way to increase your odds of a successful sale is to price your home at fair market value.  But, as logical as this advice sounds, for many sellers it is still tempting to tack a few percentage points onto the price to “leave room to negotiate”.  ”To avoid this temptation, let’s take a look at the seven deadly sins of overpricing”:

1. Appraisal Problems
Even if you do find a buyer willing to pay an inflated price, the fact is that over 90% of buyers use some kind of financing to pay for their home purchase.  If your home doesn’t  appraise for the purchase price the sale will likely fail.

2. No Showings
Today’s sophisticated home buyers are well educated about the real estate market.  If your home is overpriced they won’t bother looking at it, let alone make you an offer.

3. Branding Problems
When a new listing hits the market, every agent quickly checks the property out to see if it’s a good fit for their clients.  If your home is branded as “overpriced”, reigniting interest may take drastic measures.

4. Selling the Competition

Overpricing helps your competition.  How?  You make their lower prices seem like bargains.  Nothing is worse than watching your neighbors put up a sold sign.

5. Stagnation
The longer your home sits on the market, the more likely it is to become stigmatized or stale.  Have you ever seen a property that seems to be perpetually for sale?  Do you ever wonder – What’s wrong with that house?

6. Tougher Negotiations
Buyers who do view your home may negotiate harder because the home has been on the market for a longer period of time and because it is overpriced compared to the competition.

7. Lost Opportunities
You will lose a percentage of buyers who are outside of your price point.  These are buyers who are looking in the price range that the home will eventually sell for but don’t see the home because the price is above their pre-set budget.

Most buyers look at 10-15 homes before making a buying decision.   Because of this, setting a competitive price relative to the competition is an essential component to a successful marketing strategy.”

Just reduced from $1,799,000 to $1,595,000.  This is not your grandmother’s beach house!  Enjoy stunning views from this beautifully designed house complete with all the amenities you could ask for.  Three levels of carefully finished spaces include many extras such as a media room, 2 wet bars, home gym and spa bathrooms.  Visit www.12washingtonavenue.com for more information.

Exclusively Listed:  Liza Ottani & Justin Quinn

Windwalker Real Estate / 508.228.9117

Located 30 miles out to sea, Nantucket is often highly sought after as the ideal destination for rest and relaxation.  Here, you can listen to the sounds of the surf, watch the sun rise and set over the ocean, and bike or walk through endless trails of conservation land.   What a place to call home!

What if you could enjoy all of this and your very own private sanctuary after a day of activity on the island?  A place where the cool Nantucket breeze passes through acres of mature landscaping; a place that birds, butterflies and dragonflies also call home; a place where you can harvest your own organic vegetables and enjoy them on your own expansive backyard deck while your children or grandchildren play.  This is 25 Rugged Road: peace, privacy and nature at its best.

This three bedroom main house, barn/guest cottage and garage are privately nestled among three acres of lush landscaping. Featuring superbly manicured organic gardens and lawns, gorgeous mature trees and expansive swaths of natural foliage, this enchanting oasis awaits a new Nantucket homeowner.   Close to Surfside beach, convenient to area shopping and yet serenely private, this property offers all the best of Nantucket.  Don’t miss this unique opportunity!

Spacious 3BR Main House (look at the gorgeous windows!)

3 acres of meticulously landscaped grounds.

Property includes enormous organic vegetable garden, wildflower gardens and gorgeous flower beds.

1 BR/1.5 Guest Cottage and Beautiful Barn/Storage/Workshop