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Nantucket Monthly Market Snapshot, January 2024

Stories

Market Insights

Jen Shalley Allen
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“The Nantucket real estate market started off with a bang by way of the $26M sale of 5 Grant Avenue. This mega high-end sale boosted the market above $100M for the month, which was a common monthly occurrence in 2021 & 2022 but proved to be more elusive in 1Q2023. Overall transaction volume, however, was on par with the reduced activity we saw in 2023 relative to the prior two years. New purchase contracts held steady with December and the market overall seemed a bit more ‘peppy’ in recent weeks so we will see if that translates into transaction activity during February and March.” Jennifer Shalley Allen

New Listings
$900,000 38 Hooper Farm Road 
$995,000 65A Surfside Road
$1,250,000 2 Anna Drive #5
$1,795,000 8B Lyon Street
$1,995,000 12 New Street
$2,095,000 32 Cannonbury Lane
$2,095,000 40 Sherburne Commons #23
$2,395,000 87 Goldfinch Drive
$2,995,000 9 Sandsbury Road
$2,995,000 2 Fawn Lane
$2,995,000 26 Sheep Pond Road
$3,395,000 5 Fawn Lane
$5,295,000 1 Walsh Street
$5,990,000 34 Center Street
$19,995,000 218 Cliff Road
   
Under Agreement
$1,450,000 4B Witherspoon Drive
$1,795,000 12 Pine Tree Road
$2,250,000 4 York Street
$2,350,000 6 Kelley Road
$3,295,000 5 Francis Street
$3,995,000 3 Joy Street
$4,395,000 20 New Lane
$4,500,000 13 & 15 Sandsbury Road
$4,995,000 10 Aurora Way
$5,250,000 56 Walsh St
$5,995,000 59B Polpis Road
$6,300,000 10A Delaney Road
   
Price Adjustments
$750,000 25 Beach Grass Road
$995,000 1A Park Circle
$1,499,000 18A Greglen Avenue
$1,850,000 3A Field Avenue
$2,000,000 167R Orange Street
$3,150,000 54 & 54R Union Street
$5,695,000 104 Baxter Road
$7,495,000 15 Lyford Road
$10,500,000 171 Orange Street
$13,995,000 2 Shore Road, Part of 2 Francis, 54 & 54R Union St
   
Sold Listings  
$970,000 74 Arkansas Avenue
$1,000,000 13R Evergreen Way
$1,200,000 3 Back Street
$1,700,000 1 Back Street
$2,225,000 38 Pine Street
$2,250,000 16 Polliwog Pond Road
$2,900,000 40 Walsh Street
$3,500,000 36 Union Street
$4,000,000 3 Crestwood Circle
$4,180,000 13 & 15 Sandsbury Road
$4,350,000 20 New Lane
$4,500,000 47 Hummock Pond Road
$4,650,000 10 Aurora Way
$5,200,000 4 Main Street
$5,950,000 11 Morey Lane
$6,550,000 3 Shawkemo Hills Lane
$6,705,000 23 Masaquet Avenue
$7,250,000 22 West Chester Street
$11,000,000 81 Low Beach Road
$26,000,000 5 Grant Avenue

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,