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Nantucket Monthly Market Snapshot, August 2023

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Market Insights

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“For the first time this year, monthly sales and transaction volume not only exceeded levels from one year ago but were markedly higher than August ’22 figures. August transactions brought year-to-date totals to $616 million through 171 property sales, a decline of 27 percent and 24 percent from last year. Despite the decline, nearly 30 percent of transactions occurred at full or above full asking price and only one sale took place for less than 90 percent of the original asking price. The full price activity is nearly identical to the percentage from last month and shows that buyer demand continues to be strong amidst limited supply and even with current mortgage rates. We shall see what the fall market brings!” Jennifer Shalley Allen

New Listings
$1,100,000 21 Park Circle
$1,250,000 13R Evergreen Way
$1,795,000 53 Union Street
$1,850,000 7 Indigo Drive
$1,995,000 3 Salros Road
$2,085,000 23 West York Lane
$2,199,000 3 Back Street
$2,385,000 7 Second Way
$2,395,000 8 Curlew Court
$2,399,000 1 Back Street
$2,495,000 8 Anna Drive
$2,600,000 5 & 7 New Street
$2,650,000 35 Fairfield Street
$2,750,000 1 Chapel Street
$2,750,000 12 Folger Avenue
$2,795,000 5 1/2 Eagle Lane
$2,800,000 3 Clara Drive
$2,845,000 17 Prospect Street
$2,850,000 5 Newtown Road
$2,850,000 2 Windsor Road
$2,950,000 31 Washaman Road
$2,995,000 5 Wigwam Road
$2,995,000 30 Tashama Lane
$3,200,000 67 Vestal Street
$3,250,000 6 Beaver Street
$3,885,000 1 Windsor Road
$3,900,000 32 Flintlock Road
$4,250,000 2 Dukes Road
$4,467,700 18 Lily Street
$4,490,000 39 Monomoy Road
$4,500,000 66 Madaket Road
$4,500,000 1 Johnson Street
$4,500,000 308 Madaket Road
$4,500,000 13 & 15 Sandsbury Road
$4,695,000 160 Madaket Road
$5,395,000 27 Pequot Street
$5,495,000 11 Plainfield Road
$5,895,000 13 Hendersons Drive
$6,375,000 9 West Chester Street
$7,495,000 6 Stone Post Way
$8,495,000 69 Monomoy Road
$9,250,000 64 Hulbert Avenue
$9,950,000 11 Pleasant Street
$9,975,000 17 Lauretta Lane
$10,400,000 8 Jefferson Avenue
$11,000,000 3 Lyford Road
$12,250,000 34 Bosworth Road
$12,950,000 1 Cliff Lane
$17,250,000 20 Main Street
$22,000,000 30 Devon Street
$26,500,000 88 Pocomo Road

Under Agreement
$925,000 16 Boynton Lane
$1,100,000 110B Orange Street
$1,495,000 2 Cabot Lane
$1,950,000 9 Orange Street
$2,295,000 8 Fifth Way
$2,395,000 4 Sunset Hill Lane
$2,600,000 5 & 7 New Street
$2,650,000 4 Huntington Street
$2,695,000 19 Ridge Lane
$2,795,000 6 Center Street
$2,845,000 17 Prospect Street
$2,850,000 19 Nobadeer Farm Road
$2,995,000 30 Tashama Lane
$2,995,000 5 Wigwam Road
$3,195,000 15 Swift Rock Road
$3,200,000 67 Vestal Street
$3,750,000 56 Washington Avenue
$3,950,000 18 Eat Fire Spring Road
$3,995,000 51W Weweeder Avenue
$3,995,000 2 Hydrangea Lane
$3,995,000 12 Willard Street
$4,250,000 2 Dukes Road
$4,750,000 5 High Brush Path
$5,850,000 51 West Miacomet Road
$6,595,000 68 Shawkemo Road
$7,495,000 6 Stone Post Way
$9,500,000 60 Wanoma Way
$9,700,000 4 Cathcart Road
$11,950,000 81 Cliff Road

Price Adjustments
$750,000 6 & 8 North Beach Street
$1,699,000 16 Bluebird Lane
$1,850,000 7 Indigo Drive
$1,950,000 9 Orange Street
$1,975,000 8 Indigo Drive
$2,199,000 3 Back Street
$2,295,000 17, 19, 19R Hooper Farm Road
$2,295,000 8 Fifth Way
$2,297,000 7 Honeysuckle Drive
$2,350,000 39 Chuck Hollow Road
$2,399,000 1 Back Street
$2,495,000 3 Bear Street
$3,195,000 15 Swift Rock Road
$3,695,000 9 Hydrangea Lane
$3,995,000 12 Willard Street
$3,998,000 36 Sheep Pond Road
$4,995,000 27 Ticcoma Way
$5,495,000 11 Plainfield Road
$6,375,000 21 Ocean Avenue
$6,750,000 2 Old Mill Court
$6,995,000 3 Old Farm Road
$7,800,000 1 East Hallowell Lane
$8,395,000 3 Skyline Drive
$9,820,000 26 Monomoy Road
$9,950,000 28 Medouie Creek Road

Sold Listings
$620,000 7 Bluet Court
$625,000 11 Bluet Court
$710,000 89D Washington Street
$750,000 11 Nancy Ann Lane
$1,395,000 25 Hooper Farm Road
$1,495,000 26 Honeysuckle Drive
$1,275,000 2 Cabot Lane
$1,550,000 111 Old South Road
$1,850,000 109 Tom Nevers Road
$2,050,000 27 Old South Road
$1,900,000 22 Hawthorne Lane
$2,000,000 2 Candle House Lane
$2,185,000 30 Goldfinch Drive
$2,000,000 25 Bank Street
$2,495,000 27 North Liberty Street
$2,550,000 13 & 15 Nancy Ann Lane
$2,695,000 3 Millbrook Road
$2,750,000 13 Arkansas Avenue
$2,650,000 6 Center Street
$2,600,000 4 Birdsong Lane
$2,925,000 41 Fair Street
$3,510,000 14 West Dover Street
$3,595,000 8 North Gully Road
$3,725,000 42.5 Union Street
$4,100,000 15 Burnt Swamp Lane
$5,450,000 5 McKinley Avenue
$6,200,500 42 Chuck Hollow Road
$9,300,000 2B Longwood Drive

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