Look what happened in Nantucket real estate this week!
4 Nantucket Properties Transferred:
- Sales Totaled $8.7 million
- Highest Sale: 28 Gardner Road for $5.6 million
- Lowest Sale: 62 Orange Street for $575,000
28 Gardner Road - Highest Sale of the Week
5 Offers Were Accepted (Prices reflect most recent asking price):
- 22 Capaum Pond Road ($6.395 million); 4 Reacher Lane ($539,000); 95 Hinsdale ($449,000); 64 Arkansas #458 ($449,999); 15 Chuck Hollow Road ($1,200,000)
3 Purchase & Sale Agreements Were Executed (Prices reflect most recent asking price):
- 67 Orange Street ($1.195 million); 5 Autopscot Circle ($699,000); 132R Main Street ($695,000)
16 New Nantucket Properties Came to Market:
- Total Dollar Value: $15.4 million
- Highest Value: 56 Main Street $2.3 million
- Lowest Value: 23A Pine Crest Drive $219,000
3 Nantucket Properties Returned to Market:
- Total Dollar Value: $2.7 million
- Highest Value: 5 Sleepy Hollow Unit 1 $999,500
- Lowest Value: 73 Baxter Road for $795,000
3 Price Reductions:
- 12 Meadow Lane price decrease of 15% to $2,095,000
- 15 Chuck Hollow Road decrease of 20% to $1,200,000 ( OTP 3/11/11)
- 37 Goldfinch Drive decrease of 6% to $749,000
15 Chuck Hollow Reduced to $1,200,000 Significant Price Reduction Encourages Multiple Offers!
