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July 2017 Nantucket Real Estate Market Insights

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Market Insights

Real Estate Market Report July 2017

July 2017 Nantucket real estate sales included 35 transactions totaling $81.5 million. This represents a 25 percent (#) and 17 percent ($) respective decline from June 2017 but nearly double the activity witnessed in July 2016. On a cumulative basis, sales activity through July 31, 2017 included 223 transactions totaling $463.4 million, a 7 percent decline (#) but a 3 percent increase ($) from the same period one year ago. Both residential sales activity and new contract activity in July reflected an increase in higher price point sales compared to 2016. Here are Fisher’s July Market Insights…