Compare Listings

Fisher’s Nantucket Real Estate Year in Review 2017 is Here!

Stories

Market Insights

Jen Shalley Allen
unnamed image

In real estate, there is often as much art as there is science and Fisher Real Estate endeavors to be your guide to future real estate decisions. We are always striving to lead the market in thoughtful analysis and are thrilled to offer our annual Nantucket Real Estate Year in Review Report for 2017!

Included in this report is a little something for everyone. Whether you are looking for a quick Nantucket by Numbers, a summary of annual home sales, how the speculative market fared or what happened with vacant land sales, we have it all covered. And we’d be delighted to hear from you if you have any questions or comments.

Some may ask why the annual real estate figures differ across various brokerage offices. Here at Fisher, we exclude certain transactions and explain exactly why in our report. And, more importantly, we research every single trade and confirm that the data associated with each sale in our MLS is accurate. Say, for example, a house is on the market for 100 days with a broker and it doesn’t sell. If it is then relisted with another broker at a lower price, the MLS doesn’t capture the original 100 days or the original list price, leading to an artificially low marketing time and higher sale/list price metric. Fisher’s data captures the total days on market associated with each property and also tracks the original list price so you can be assured that the data is accurate.

Happy reading!

Written By

Jen Shalley Allen

Jen has worked on an impressive array of real estate transactions including two of the island’s largest and most complex vacant land transfers, commercial transactions, and single-family home sales,