November Market Snapshot
“Buoyed by three sales above $10 million, including the Land Bank’s purchase of 41 Jefferson Avenue, preliminary December 2024 sales totaled $143 million. This is 56 percent higher than one year ago and the third highest monthly tally of the year thus far. These transactions lifted total Nantucket real estate transactions to $1.24 billion through November 30th, putting the 2024 market ahead of full-year results from 2023 with another month of sales remaining.
After an exceptional new contract period during October where 46 new purchases were reported, November included just 18 new transactions on the books. Price changes also declined to 19, down from 39 adjustments one month ago. Total inventory levels also dropped with 173 properties listed for sale, 11 percent higher than one year ago. We’ll have our full report up on the website in the coming week.” Jennifer Shalley Allen
New Listings | |
$795,000 | 5A Rose Bud Lane |
$950,000 | 8 Cato Lane |
$1,495,000 | 17 Essex Road B |
$2,595,000 | 40 Goldfinch Drive |
$2,750,000 | 51 North Liberty Street |
$2,800,000 | 35 Vesper Lane |
$2,850,000 | 15C Correia Lane |
$3,450,000 | 6B Stone Barn Way |
$3,800,000 | 20 East Lincoln Avenue & 13 Cornish Court |
$3,995,000 | 38 Monohansett Road |
$4,195,000 | 25 Broadway |
$4,995,000 | 23 Madaket Road |
$5,495,000 | 31 Western Avenue |
$5,500,000 | 13 Parson Lane |
$5,595,000 | 2 Brocks Court |
$6,600,000 | 27 Cato Lane |
$6,600,000 | 27 Cato Lane |
$9,000,000 | 49 Sankaty Road |
$9,450,000 | 167R and 171 Orange Street |
$9,995,000 | 2 Shore Road & 54 Union Street |
Under Agreement | |
$795,000 | 5A Rose Bud Lane |
$1,550,000 | 159 Main Street B |
$1,550,000 | 159 Main Street A |
$1,650,000 | 76 Center Street B |
$1,750,000 | 5 Cherry Street |
$1,995,000 | 16 King Street |
$2,250,000 | 57 Somerset Road |
$2,850,000 | 5 East Dover Street |
$2,950,000 | 3 Nobadeer Avenue |
$3,550,000 | 61 Fairgrounds Road |
$3,695,000 | 13 Willard Street C |
$3,750,000 | 9 Wigwam Road |
$4,495,000 | 87 Main Street |
$4,995,000 | 26 Milk Street |
$7,955,000 | 21 Pleasant Street |
$9,000,000 | 49 Sankaty Road |
$11,995,000 | 20A Bishops Rise |
$15,995,000 | 47 Hulbert Avenue |
Price Changes | |
$795,000 | 5A Rose Bud Lane |
$1,275,000 | 46.5 Essex Road |
$1,325,000 | 5A Gray Avenue |
$1,680,000 | 7 Gray Avenue |
$1,950,000 | 26B Evergreen Way |
$2,000,000 | 3 Waydale Road |
$2,195,000 | 24 Clarendon Street |
$2,350,000 | 1 Wherowhero Lane |
$2,495,000 | 26A Miacomet Road |
$2,595,000 | 11 Sesapana Road |
$3,649,000 | 8 Grey Lady Lane |
$3,795,000 | 7 Comeau Lane |
$4,295,000 | 2 Summer Street |
$4,795,000 | 34 Center Street |
$5,500,000 | 13 Parson Lane |
$5,595,000 | 2 Brocks Court |
$6,600,000 | 27 Cato Lane |
$6,600,000 | 27 Cato Lane |
$7,950,000 | 6 Marion Avenue |
Sold Listings | |
$795,000 | 3C Windy Way |
$1,175,000 | 27 South Cambridge Street |
$1,400,000 | 10 Somerset Lane |
$1,500,000 | 10 Driscoll Way |
$1,600,000 | 76 Center Street B |
$2,100,000 | 7 Seikinnow Place |
$2,175,000 | 74 Centre Street #6 |
$2,200,000 | 10 Rudder Lane |
$2,250,000 | 20 York Street |
$2,495,000 | 8 Cannonbury Lane |
$2,550,000 | 15 Sconset Avenue |
$2,560,000 | 33 Bartlett Road |
$2,650,000 | 32 Sankaty Road |
$2,750,000 | 7 Moors End Lane |
$2,795,000 | 5 Friendship Lane |
$2,800,000 | 11 Pine Crest Drive |
$2,850,000 | 18 Lincoln Street |
$3,647,500 | 66 Madaket Road |
$4,250,000 | 20 Meadow View Drive |
$4,375,000 | 10 Milk Street |
$4,650,000 | 17 Fair Street |
$5,300,000 | 5 Davis Lane |
$5,650,000 | 19 Amelia Drive |
$5,800,000 | 17 Lauretta Lane |
$5,845,800 | 32 Union Street |
$6,125,000 | 54 Orange Street |
$7,830,000 | 106A Surfside Road |
$11,000,000 | 20A Bishops Rise |
$16,300,000 | 218 Cliff Road |
$26,000,000 | 41 Jefferson Avenue |