Here is the Nantucket Real Estate week in review for the week of November 9 -16, 2012:
9 Nantucket Properties Transferred:
- Sales Totaled $12,280,000
- Highest Sale: 18 Gingy Lane for $2,200,000
- Lowest Sale: 10 Bailey Road for $460,000
18 Gingy Lane, Mid-Island
5 Offers Were Accepted (Prices reflect most recent asking price):
- Highest: 23 Morey Lane – most recently listed for $8,495,000
- Lowest: 74A Old South Road – most recently listed for $719,500
23 Morey Lane - Sconset
9 Purchase & Sale Agreements Were Executed (Prices reflect most recent asking price):
- Highest: 22 King Street - most recently listed for $2,050,000
- Lowest: 11A Gray Avenue – most recently listed for $399,000
22 King Street - Sconset
4 Nantucket Properties Came to Market:
- Total Dollar Value: $3,404,000
- Highest Value: 96 Cliff Road at $985,000
- Lowest Value: 130 Surfside Road at $699,000
96 Cliff Road - Cliff
6 Price Reductions:
- Largest Reduction: 45 Wauwinet - Discounted 11.56% to $995,000 from last list price of $1,125,000
45 Wauwinet Road - Wauwinet
