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March 2017 Nantucket Real Estate Market Insights


Market Insights

Jen Shalley Allen
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Sales activity for the first quarter of 2017 included 88 transactions totaling $172.6 million, a 17 (#) percent and 12 percent ($) decline from one year ago. Although year-to-date sales activity trailed the same period in 2016, the momentum of contract activity coupled with a noticeable decline in inventory suggests we will see an increase in both transactions and prices as we move toward the second quarter.

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,