Compare Listings

Nantucket Monthly Market Update, August 2022

Stories

Market Insights

Fisher Real Estate
unnamed image

“For the second time this year, monthly sales volume declined precipitously from what had become a solid string of $100M or more in monthly sales activity.  August figures measured 18 transactions totaling $55 million, excluding two foreclosures totaling $9 million that took place during the month.  Inventory remains at historic lows but the increase in interest rates, combined with the pricing of available inventory, are the likely culprits of the swift decline in monthly sales volume.  The last time August sales volume was this low was in August of 2018. New purchase activity during the month saw a healthy increase from prior months but were still off about 50 percent from this time last year.  Price reductions held steady at 39 adjustments so we shall see if this spurs fourth quarter activity.  Stay tuned for our full monthly report for more analytics on market data.” Jennifer Shalley Allen

New Listings
$895,000 23 West Chester Street #1
$995,000 7A Park Circle 
$1,150,000 63 Fairgrounds Road
$1,195,000 29 South Cambridge Street
$1,230,000 5 Coffin Road
$1,235,000 61 Fairgrounds Road
$1,295,000 15 Parker Lane
$1,395,000 11 Warren Street
$1,450,000 30 Dartmouth Street
$1,495,000 5A Witherspoon Drive
$1,595,000 16 Quaker Road
$1,649,000 2 Paupamo Way
$1,695,000 23 Honeysuckle Drive
$1,695,000 22 Vestal Street
$1,799,000 11 Roberts Lane
$1,895,000 29 Longwood Drive
$1,995,000 11 Honeysuckle Drive
$1,995,000 13A Daffodil Lane
$1,995,000 3 Enterprise Circle
$2,100,000 50 Burnell Street
$2,150,000 9 Pochick Street
$2,341,025 3 Indigo Drive
$2,450,000 9 Lyons Lane
$2,495,000 13 Academy Lane
$2,530,000 40 Pine Street
$2,595,000 13 Arkansas Avenue
$2,795,000 51 Union Street
$2,950,000 35 (portion of) Pine Crest Drive
$3,195,000 13C Willard Street
$3,200,000 22 Vestal Street and 16 Quaker Road
$3,495,000 8 Austin Farm Drive
$3,950,000 15 Old North Wharf
$3,995,000 62 Nobadeer Avenue
$4,100,000 50 Burnell Street
$4,195,000 7A New Lane
$4,250,000 12 Milk Street
$4,750,000 7 Golfview Drive
$5,595,000 26 Tennessee Avenue
$6,250,000 37 North Pasture Lane
$6,995,000 2 Maple Lane
$7,250,000 5 Joy Street
$11,800,000 26 Monomoy Road 
$12,500,000 4 Cathcart Road 
   
Under Agreement
$865,000 6 Essex Road #1
$995,000 7A Park Circle
$1,195,000 29 South Cambridge Street
$1,230,000 5 Coffin Road
$1,295,000 9 Correia Lane, Lot 1
$1,600,000 13 Surfside Drive A & B
$1,650,000 8 Salros Road # A
$1,695,000 5 Folgers Court
$1,695,000 18 Beach Grass Road
$1,749,000 14 Surfside Drive
$1,895,000 2 Falcon Court
$1,895,000 4 Curlew Court
$1,995,000 11 Honeysuckle Drive
$1,995,000 134 Surfside Road
$2,100,000 23 Tashama Lane
$2,150,000 9 Pochick Street
$2,150,000 18 Williams Street
$2,195,000 3 Rustys Way House & Cottage
$2,295,000 6 Todd Circle
$2,450,000 9 Lyons Lane
$2,495,000 13 Academy Lane
$2,600,000 152 Main Street
$2,700,000 12 Pilgrim Road
$2,750,000 33 Long Pond Drive
$3,000,000 21 Milk Street Land
$3,150,000 9 Woodbury Lane
$3,195,000 13C  Willard Street
$3,395,000 7 Farmer Street
$3,495,000 5 East Lincoln Avenue
$3,695,000 39A Milk Street
$3,895,000 21 Orange Street
$3,995,000 62 Nobadeer Avenue
$3,995,000 35 Brewster Road
$4,195,000 7A New Lane
$4,250,000 8 Gull Island Lane 
$4,295,000 2 Mayhew Lane
$4,900,000 216 Cliff Road
$8,250,000 142 Surfside Road
$8,355,000 8 Maxey Pond Road
$8,950,000 24 Cliff Road
$9,200,000 31 Pequot Street
$10,400,000 113 Cliff Road
$13,995,000 33 Nonantum Avenue
   
Price Changes
$1,695,000 22 Vestal Street
$1,695,000 18 Beach Grass Road
$1,850,000 13 Bartlett Road
$1,950,000 1 WheroWhero Lane
$2,150,000 29 Tashama Lane
$2,195,000 3 Rustys Way House & Cottage
$2,295,000 1 Dovekie Court
$2,495,000 22 Hawthorne Lane
$2,995,000 11 Weymouth Street
$3,295,000 52 Burnell Street
$3,295,000 35 Pine Crest Drive
$3,495,000 156 Madaket Road
$3,795,000 7 New Mill Street
$3,995,000 21 Milk Street
$4,100,000 25 Willard Street
$4,150,000 16 Gladlands Ave
$4,400,000 4 Hydrangea Lane
$4,795,000 36 Sheep Pond Road
$4,895,000 36 Tennessee Avenue
$4,995,000 15 Lily Street
$4,995,000 16 Cannonbury Lane
$5,249,000 82B Cliff Road
$5,250,000 23 Walsh Street
$5,495,000 15 Monohansett Road
$5,495,000 75  Squam Road
$6,250,000 37 North Pasture Lane
$6,295,000 50 Walsh Street
$6,450,000 10B Delaney Road
$6,995,000 104 Baxter Road
$7,495,000 81 Polpis Road
$7,595,000 21 Ellens Way 
$8,950,000 24 Cliff Road
$10,400,000 113 Cliff Road
$10,495,000 6 Old Westmoor Farm Road
$12,000,000 60 Wanoma Way
$13,995,000 49 Hulbert Avenue
$13,995,000 33 Nonantum Avenue
$15,000,000 60 Wanoma Wy, 13 and 15 Sandsbury Rd
$35,850,000 41 Jefferson Avenue
   
Sold Listings
$395,000 23 Honeysuckle Drive (Lot 1102)
$800,000 1 Bayberry Lane (portion of)
$1,137,500 8 Witherspoon Drive # B
$1,250,000 83 Baxter Road
$1,580,000 15 Pine Grove Lane
$1,601,000 49 Red Barn Road
$1,661,670 51 Weweeder Avenue (part of)
$1,800,000 4 Curlew Court
$2,275,000 10 Roberts Lane
$2,600,000 53 Washington Street
$2,700,000 22 North Mill Street
$3,000,000 19 West Chester Street
$3,195,000 8 Swain Street
$3,425,000 49 Meadow View Drive
$4,295,000 24 Pleasant Street
$5,390,727 2 Westerwick Drive
$5,400,000 1 Maxey Pond Road
$5,450,000 76 Millbrook Road
$7,428,069 1 Weetamo Road
$9,200,000 2 Buck Hollow Way et al

 

Written By

Fisher Real Estate