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Nantucket Monthly Market Snapshot, February 2024

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Market Insights

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“The Nantucket real estate market is off to a vibrant start in 2024 as January and February transactions point to a market that is, thus far, notably different than one year ago. Transaction volume is up 26 percent year-over-year while dollar volume is handsomely higher than the comparable period in 2023 thanks to three transactions above $10 million and a greater percentage of property sales between $4 million and $7 million. In fact, through February, there have been 13 transactions in this price range compared to the normal one to four transactions we typically see in the first two months of the year. ” Jennifer Shalley Allen

New Listings
$1,995,000 20 Berkley Street
$2,095,000 51B Pleasant Street
$2,395,000 7 Yompasham Lane
$2,495,000 113 Pleasant Street
$2,495,000 1 Pinkham Circle
$2,800,000 116 Baxter Road
$2,995,000 12 Pilgrim Road
$4,100,000 1 Nautilus Lane
$4,750,000 8 New Mill Street
$4,995,000 24 Wanoma Way
$5,850,000 17 North Water Street
$6,250,000 7 Coffin Road
$6,595,000 17 Burnell Street
$17,750,000 13 Washing Pond Road
$23,750,000 14 Lincoln Avenue

Under Agreement
$600,000 6 Sheep Pond Road
$1,850,000 3A Field Avenue
$1,995,000 8 Essex Road
$2,095,000 40 Sherburne Commons #23
$2,350,000 6 Kelley Road
$2,395,000 7 Yompasham Lane
$2,950,000 50 Burnell Street, Lot 21A
$3,095,000 16 Derrymore Road
$3,399,000 11 Fawn Lane
$3,995,000 21 Pine Street
$4,875,000 122 Wauwinet Road
$5,195,000 23 Walsh Street
$7,850,000 20 Ellens Way

Price Changes
$1,590,000 19 Cynthia Lane
$3,299,000 12 Derrymore Road
$4,276,400 24 Fair Street
$5,745,000 104 Baxter Road
$7,850,000 3 Skyline Drive
$18,000,000 218 Cliff Road

Sold Listings
$600,000 6 Sheep Pond Road
$1,387,500 4B Witherspoon Drive
$2,175,000 8 Curlew Court
$2,262,500 7 Yompasham Lane
$3,252,500 5 Francis Street
$3,720,000 3 Joy Street
$4,295,000 14 Delaney Road
$4,937,500 23 Walsh Street
$5,000,000 56 Walsh Street
$5,400,000 59B Polpis Road
$5,600,000 122 Wauwinet Road
$5,800,000 10A Delaney Road
$12,000,000 76 Eel Point Road