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Nantucket Monthly Market Snapshot, April 2024

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April Market Snapshot

“After historically low monthly activity in March, the Nantucket real estate market rebounded in April to include 19 transactions totaling $50M.  This is notably higher than the nine transactions measuring $38M in March but well below the five-year average of 34 transactions totaling $122M.  April transactions brought year-to-date figures to 61 property sales totaling $245M, a 0 percent change in the number of units sold during this time in 2023, and an increase of 13 percent in total dollar volume.  New contract volume also showed a significant improvement during April with 23 new purchase contracts.  Interestingly, price changes also doubled, suggesting current pricing isn’t aligning with buyers.  On the inventory front, there were 180 properties listed by the end of April, an increase of 55 percent from this time one year ago and perhaps why we are seeing an increase in price adjustments. ” Jennifer Shalley Allen

New Listings
$997,000 1 South Mill Street
$1,250,000 2 Anna Drive #5
$1,250,000 2D Anna Drive #4
$1,295,000 42-44 Center Street #2
$1,356,000 12A Greglen Avenue
$1,595,000 1 Lowell Place
$1,750,000 2 Cabot Lane B
$1,795,000 10 Center Street
$1,900,000 76 Center Street B
$1,950,000 24 Killdeer Lane
$2,175,000 3 Indigo Drive
$2,300,000 6 Indigo Drive
$2,500,000 16 Teasdale Circle
$2,595,000 9 Huntington Street
$2,600,000 3 Waydale Road
$2,650,000 15 Meader Street A
$2,795,000 7 Spring Street
$2,995,000 15 Meader Street D
$2,995,000 26 Creek Lane
$3,350,000 15 Meader Street C
$3,450,000 51 North Liberty Street
$3,500,000 85 Orange Street
$3,595,000 63 Fairgrounds Road
$3,750,000 3 New Street
$3,795,000 61 Fairgrounds Road
$3,895,000 17 Pleasant Streeet
$3,995,000 15 Parker Lane
$3,995,000 7 Lyons Lane
$4,390,000 53 Tom Nevers Road
$4,495,000 23 Pond View Drive
$4,495,000 49A Madaket Road
$4,495,000 2 Cabot Lane A
$4,695,000 15 Lauretta Lane
$4,800,000 45 Fair Street
$4,950,000 18 Meadow Lane
$4,995,000 10 Doc Ryder Drive
$5,000,000 26 North Cambridge Street
$6,495,000 2 Old Mill Court
$6,750,000 87 Main Street
$6,895,000 5 Maxey Pond Road
$6,995,000 20 West Chester Street
$6,995,000 3 Old Farm Road
$7,250,000 21.5 Hussey Street
$7,495,000 3 Maple Lane
$7,500,000 54 & 56 Meadow View Drive
$7,695,000 24 Masaquet Avenue
$7,995,000 17 Lauretta Lane
$7,995,000 11 Ellens Way
$8,475,000 5 Brier Patch Road
$16,000,000 5 Huckleberry Lane
$16,495,000 7 Lauretta Lane
$17,250,000 143 Wauwinet Road

Under Agreement
$997,000 1 South Mill Street
$1,295,000 42-44 Center Street #2
$1,499,000 18A Greglen Avenue
$1,595,000 1 Lowell Place
$1,595,000 2 White Whale Lane #2
$1,795,000 8B Lyon Street
$1,950,000 4 Wood Hollow Road
$1,975,000 8 Indigo Drive
$2,350,000 6 Towaddy Lane
$2,495,000 27 Rugged Road
$2,500,000 16 Teasdale Circle
$2,599,000 7 Falcon Court
$2,695,000 1A Lily Street
$2,750,000 25 North Pasture Lane
$2,995,000 12 Pilgrim Road
$3,500,000 85 Orange Street
$3,895,000 2 Blazing Star Road
$3,950,000 1 Farmer Street
$4,800,000 45 Fair Street
$5,000,000 26 North Cambridge Street
$5,295,000 1 Walsh Street
$16,000,000 5 Huckleberry Lane
$17,750,000 13 Washing Pond Road

Price Change
$690,000 25 Beach Grass Road
$1,495,000 26 Sheep Pond Road
$1,649,000 21 Woodland Drive
$2,150,000 113 Pleasant Street
$2,295,000 23 Goldfinch Drive
$2,345,000 87 Goldfinch Drive
$2,395,000 6 West Dover Street
$2,595,000 14 Flintlock Road
$2,995,000 65 North Liberty Street
$3,250,000 22 Sheep Pond Road
$3,845,000 133 Surfside Road
$3,900,000 1 Nautilus Lane
$5,900,000 7 Coffin Road
$5,900,000 30 Bosworth Road
$5,950,000 21 Ocean Avenue
$6,995,000 78 Milk Street
$8,495,000 81 Polpis Road
$17,950,000 218 Cliff Road

Sold Listings
$900,000 1A Park Circle
$1,425,000 42-44 Center Street 2
$1,770,000 12 Pine Tree Road
$1,812,500 3A Field Avenue
$1,830,000 4 Wood Hollow Road
$1,866,000 7 Indigo Drive
$1,985,000 13 Honeysuckle Drive
$2,095,000 40 Sherburne Commons #23
$2,150,000 56 Fairgrounds Road
$2,349,000 5 Indigo Drive
$2,475,000 7 Falcon Court
$2,500,000 6 Towaddy Lane
$3,000,000 7 Brewster Road
$3,030,000 11 Fawn Lane
$3,200,000 45 West Chester Street
$3,800,000 0 Tuckernuck
$4,500,000 2 & 1 Windsor Road
$4,700,000 1 Barrett Farm Road
$4,950,000 1 Walsh Street