Nantucket Real Estate Market Reenergized! 2012 Year-End Windwalker Report is Ready!

Hot off the press, the 2012 Year-End Windwalker Research Report is available!  For the period ending December 31, 2012, there were 473 transactions totaling $814 million in sales. This represents an impressive 42% increase in the number of transactions and a 57% increase in dollar volume from 2011. In December alone there were 67 properties that changed hands for a total of $135 million, the highest number of monthly transactions and dollar volume for 2012, and the best month, as measured by transactions, since October 2005. The chart below illustrates the strength demonstrated by the fourth quarter of 2012 (187 transactions for $334 million) in comparison to the previous three years. To find a stronger quarter, one would have to look all the way back to 4Q04, when 218 transactions closed for $375 million. To read more about what energized the 2012 Nantucket real estate market, click here to find the full report.

Quarterly sales graph

 

 

 

 

 

 

Nantucket Real Estate Week In Review 11/9/12 – 11/16/12

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, Nantucket, MA, Mid-Island

18 Gingy Lane, Mid-Island

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

23 Morey Lane, Nantucket, MA - Sconset

23 Morey Lane - Sconset

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

22 King Street, Nantucket, MA - Sconset

22 King Street - Sconset

 Nantucket Properties Came to Market:

96 Cliff Road, Nantucket, MA - Cliff

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, Nantucket, MA - Wauwinet

45 Wauwinet Road - Wauwinet

Nantucket Real Estate Market News – Windwalker Real Estate Week in Review 10/26/12 – 11/02/12

14 Nantucket Properties Transferred:

  • Sales Totaled $32,870,500
  • Highest Sale: 21 Lincoln Avenue for $14,025,000
  • Lowest Sale: 1 Perry Lane for $142,500
21 Lincoln Avenue - Nantucket Real Estate Market News

21 Lincoln Avenue

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

  • Highest: 55 North Beach Street - most recently listed for $1,995,000
  • Lowest: 6 Bailey Road - most recently listed for $399,000
55 North Beach Street - Nantucket Real Estate Market News

55 North Beach Street

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

  • Highest: 34 Quidnet Road - most recently listed for $4,200,000
  • Lowest:  7 Pine Grove Lane – most recently listed for $500,000
34 Quidnet Road - 55 North Beach Street

34 Quidnet Road

 Nantucket Properties Came to Market:

  • Total Dollar Value: $2.7 Million
  • Highest Value: 4 Aurora Way at $1,795,000
  • Lowest Value: 6 Bailey Road at $399,000
Nantucket Real Estate Market News - 4 Aurora Way

4 Aurora Way

6 Price Reductions:

  • Largest Reduction: 50 Wauwinet Road – Discounted 13.54% to $1,725,000 from the from original list price of $1,995,000
Nantucket Real Estate Market News - 50 Wauwinet Road

50 Wauwinet Road

Windwalker Sells 18 New Mill Street for $1,250,000

Windwalker Sells 18 New Mill Street for $1,250,000

18 New Mill Street Sells for $1,250,000

Quintessential Nantucket Cape, custom built with easy summer living in mind.  Two Living rooms with fireplaces, Kitchen with breakfast bar, Dining area; first floor Master bedroom suite and two Guest bedrooms upstairs with a hall bath and A/C throughout. Beautiful setting on a well-manicured parcel conveniently located just a few blocks from Main Street shopping and restaurants in Town on Nantucket.  Exclusively listed by Judy Waters, Windwalker Real Estate.

10 Sunset Hill Lane, Nantucket (Town) Sells for $2,950,000!

This rare Nantucket Property in the Residential Old Historic District, featuring house & cottage, is situated on a quiet side street with over 11,000 sf of land.  10 Sunset Hill Lane, perched on a high point in Town near the Oldest House, features new construction, a large yard with tall shade trees, and shelled off-street parking.  Easy access to Cliff beaches, Town, and The Westmoor Club.  Eight acres of walking trails connect land behind the Oldest House with nearby Cliff Road.  Exclusively listed by Mary Taaffe of Windwalker Real Estate (508.228.9117).