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

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!

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Jennifer Shalley Allen

Jen first stepped foot on the shores of Nantucket while working a summer job at the White Elephant while studying at the University of Virginia. It wasn’t until 2008, after having spent six years in the financial sector at Citigroup and then Wachovia, that she was drawn back to the island more permanently. Since that time, Jen has worked on an impressive array of real estate transactions exceeding $240 million. This includes, among others, two of the island’s largest and most complex vacant land transfers, several commercial transactions, and many single-family home sales, from high-end residential estates to lender-owned asset dispositions. Capitalizing on her extensive background in finance and market knowledge, Jen is well known for her unparalleled “Nantucket Real Estate Report,” an in-depth monthly market commentary and analysis that has been quoted by CNBC and The Boston Globe.

When not showing properties or researching the Nantucket real estate market, Jen can be found volunteering with Swim Across America Nantucket, a local fundraising event for cancer treatment and patient care at Nantucket Cottage Hospital or sitting on committees for other Nantucket nonprofits. She loves traveling, spending time outdoors with husband Mike and lab Sammy, and is an avid runner, cyclist and triathlete.