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Nantucket Monthly Market Update, July 2022

Stories

Market Insights

Jen Shalley Allen

“Though 2022 sales volume has struggled thus to keep pace with the monstrous momentum of 2021, the Nantucket real estate market is still enjoying one of its best years yet. Through June 30, 2022, activity tallied 207 transactions totaling $692 million, a respective 39 percent and 22 percent decline from one year ago, but the third highest transaction volume and second highest dollar volume for any similar period in history. Market-wide appreciation in property values – compounded by continued strength in the high-end – are the driving factors for such healthy dollar volume. If inventory levels weren’t at historic lows (144 properties at the time of this writing), one must wonder if transaction volume would be substantially higher.” Jennifer Shalley Allen

New Listings
$995,000 6 White Whale Lane
$1,650,000 8 Salros Road A
$1,725,000 1 Paupamo Way
$1,749,000 41 Nobadeer Farm Road
$1,795,000 12 Mizzenmast Road
$1,995,000 134 Surfside Road
$1,995,000 111B Old South Road
$1,995,000 1 Beaver Street
$1,995,000 6 Indigo Drive
$2,100,000 23 Tashama Lane
$2,195,000 15 Autopscot Circle 
$2,250,000 1 WheroWhero Lane
$2,295,000 12 West York Lane
$2,395,000 1 Dovekie Court
$2,495,000 1 Sconset Avenue
$2,500,000 22 Sheep Pond Road
$2,600,000 152 Main Street
$2,650,000 3 Poor Richards Way
$2,690,000 3 Lowell Place
$2,700,000 12 Pilgrim Road
$2,895,000 7 Parker Lane
$2,995,000 11 Adams Street
$2,995,000 1 Toombs Court (portion of Lot 2 & 3)
$3,000,000 21 Milk Street Land
$3,150,000 9 Woodbury Lane
$3,300,000 8 Salros Road A & B
$3,495,000 69 Hummock Pond Road
$3,595,000 35 Pine Street
$3,695,000 39A Milk Street
$3,695,000 15 Plum Street
$3,895,000 21 Orange Street
$3,995,000 9 Upper Tawpawshaw Road
$4,195,000 25B Washington Street
$4,250,000 71 Fairgrounds Road
$4,250,000 8 Gull Island Lane 
$4,295,000 2 Mayhew Lane
$4,595,000 Bayberry/Ticcoma Way
$5,195,000 14 Hussey Street
$5,250,000 32 Union Street
$5,950,000 21 Kendrick Street
$5,995,000 15 Monohansett Road
$6,250,000 9R Bayberry Lane
$6,495,000 7 Lauretta Lane
$6,749,000 91 Tom Nevers Road
$6,885,000 4 Morgan Square
$6,950,000 10B Delaney Road
$7,395,000 3 Skyline Drive
$7,795,000 21 Ellens Way 
$8,750,000 1 East Hallowell Lane
$9,250,000 28 Orange Street
$13,750,000 41 Monomoy Road
$16,950,000 26 Douglas Way 
$17,995,000 218 Cliff Road
$25,000,000 57 Eel Point Road
$56,000,000 20, 21, 22 Berkeley Avenue 
   
Under Agreement
$1,295,000 17A Bartlett Road
$1,995,000 134 Surfside Road
$1,995,000 8 Ipswich Street
$2,195,000 15 Autopscot Circle 
$2,275,000 10 Roberts Lane
$2,295,000 12 West York Lane
$2,300,000 36 Goldfinch Drive
$2,450,000 2 The Grove
$2,625,000 66 Madaket Road
$2,645,000 7.5 Back Street
$3,100,000 3 Masaquet Avenue
$3,100,000 7 White Street
$3,495,000 5 East Lincoln Avenue
$3,595,000 8 New Hummock Circle
$3,695,000 15 Plum Street
$3,990,000 12 Sesachacha Road
$3,995,000 19 Liberty Street
$3,995,000 35 Brewster Road
$3,995,000 9 Upper Tawpawshaw Road
$4,195,000 2A Copper Lane
$4,295,000 24 Pleasant Street
$5,495,000 64 Sankaty Road
$5,750,000 41 West Miacomet Road
$5,795,000 4A Wamasquid Place
$5,995,000 235 Madaket Road
$6,750,000 20 West Chester Street
$7,595,000 62 and 64 Sankaty Road
$8,450,000 4 Okorwaw Avenue
$9,250,000 28 Orange Street
   
Price Changes
$1,295,000 9 Correia Lane, Lot 1
$1,550,000 12 Appleton Road
$1,650,000 1 Lilac Court
$1,695,000 6 Beverly Court
$1,695,000 5 Evergreen Way
$1,695,000 1 Lowell Place
$1,695,000 4 Lilac Court
$1,695,000 8 Salros Road B
$1,749,000 14 Surfside Drive
$1,795,000 12 Mizzenmast Road
$1,895,000 2 Falcon Court
$2,295,000 6 Todd Circle
$2,300,000 9 Orange Street
$2,395,000 1 Dovekie Court
$2,625,000 66 Madaket Road
$2,795,000 8 Surfside Drive
$2,950,000 6 Whitetail Circle 
$3,250,000 11 Weymouth Street
$3,395,000 7 Farmer Street
$3,610,000 163 Orange Street
$3,895,000 21 Orange Street
$3,997,000 14 Tripp Drive
$4,195,000 18 Still Dock #6
$4,295,000 16 Gladlands Avenue
$4,295,000 2 Silver Street
$4,300,000 56R Madequecham Valley Road
$4,395,000 21 Milk Street
$4,875,000 23 Orange Street
$4,900,000 216 Cliff Road
$5,499,000 82B Cliff Road
$5,695,000 23 Walsh Street
$5,985,000 50 Burnell Street
$6,695,000 88 and 65 Quidnet Road
$6,800,000 5 Wauwinet Road
$7,895,000 33 Baxter Road
$7,895,000 39 Quaise Road
$8,995,000 46 Madequecham Valley Road
$12,950,000 28 Medouie Creek Road
$21,750,000 72 Pocomo Road
   
Sold Listings
$400,000 63 Cato Lane
$945,000 5B Pine Tree Road
$1,200,000 17A Bartlett Road
$1,375,000 21 Appleton Road
$1,569,113 12 Main Street #2
$1,865,000 9 Hinsdale Road
$2,005,000 1 Ridge Lane
$2,010,000 36 Goldfinch Drive
$3,000,000 9 Lily Street
$3,150,000 196 Hummock Pond Road
$3,900,000 19 Liberty Street
$4,000,000 23 Madaket Road
$4,195,000 2A Copper Lane
$4,500,000 7 Sherburne Turnpike, Lot 2
$4,692,000 5 Amelia Drive
$4,750,000 10 & 12 Washington Street
$5,000,000 7 Sherburne Turnpike # Lot 1
$5,100,000 7 Coffin Road
$5,200,000 21 Ocean Avenue
$5,250,000 2 Hussey Farm Road
$5,250,000 38 North Mill Street
$5,411,000 21 West Chester Street
$5,925,000 235 Madaket Road
$7,225,000 62 and 64 Sankaty Road
$8,450,000 23 Brewster Road
$9,500,000 16 Cathcart Road

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,