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April 2019 Nantucket Real Estate Market Insights

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Market Insights

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April 2019 Nantucket real estate sales surged ahead of first quarter monthly activity and previous years’ data. In total, monthly sales included 26 transactions totaling $74.8 million, buoyed by a $25.1 million commercial transaction as well as two waterfront properties purchased by the same buyer for $17.7 million. While single-family home sales activity trailed the record results from this time in 2018, commercial activity was exceptionally strong, particularly in Nantucket’s core district. New contract activity also saw another impressive month pointing to a solid start to the summer selling season. Here are Fisher’s April Market Insights…