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Nantucket Monthly Market Update, November 2022

Stories

Market Insights

Jen Shalley Allen
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“Following on the heels of a vibrant start to the fourth quarter in October, November sales tallied $172 million through 42 transactions bringing preliminary year-to-date totals to $1.44 billion.

Monthly sales were led by four ultra-high-end sales including the $20 million sale of 7 Chase Links Circle along the Cliff. It also included a property that has been marketed for sale (off and on) since 2009. Interestingly, this property sold for $100k less that the price it was listed for 13 year ago.

After a dip in October, new purchase activity soared to 28 new contracts (Christmas presents?) while new inventory was similar to last month to include 18 new property listings.

Happy Strolling!” Jennifer Shalley Allen

 

New Listings
$1,200,000 36 Arkansas Avenue
$1,450,000 37 Chuck Hollow Road
$1,895,000 60 Kendrick Street
$1,895,000 7 Square Rigger Road
$1,995,000 32 Cannonbury Lane
$2,450,000 39 Chuck Hollow Road
$2,495,000 14 Flintlock Road
$2,897,000 16 Sesapana Road
$3,650,000 14 Tripp Drive
$3,750,000 56 Washington Avenue
$3,750,000 8 Red Mill Lane
$4,295,000 16 Aurora Way
$4,950,000 17 Okorwaw Avenue
$5,300,000 20 Cliff Road
$5,695,000 14 Delaney Road
$5,895,000 47 Hummock Pond Road
$6,500,000 15 Chuck Hollow
$8,995,000 31 Sankaty Road
$8,995,000 1 Shawkemo Hills Lane
$21,000,000 7 Chase Links Circle

Under Agreement
$699,000 56 Arkansas Avenue
$1,450,000 37 Chuck Hollow Road
$1,749,000 41.5 Nobadeer Farm Road
$1,750,000 1 WheroWhero Lane
$1,895,000 60 Kendrick Street
$1,995,000 34A Grove Lane
$2,250,000 32 Bartlett Road
$2,295,000 1R Old North Wharf
$2,600,000 8 Surfside Drive
$4,895,000 15 Monohansett Road
$5,995,000 12 Somerset Lane
$6,500,000 15 Chuck Hollow
$6,995,000 46 Madequecham Valley Road
$7,900,000 18 Mill Street
$7,995,000 8 Highland Avenue
$8,650,000 84 Millbrook Road
$17,995,000 218 Cliff Road
$21,000,000 7 Chase Links Circle

Price Changes
$1,995,000 7 West Chester Street
$2,275,000 29 Sesapana Road
$2,450,000 39 Chuck Hollow Road
$2,495,000 3 Poor Richards Way
$4,575,000 23 Orange Street
$5,300,000 33 Vestal Street
$5,695,000 14 Delaney Road
$5,995,000 104 Baxter Road
$7,390,000 39 Quaise Road
$8,495,000 81 Polpis Road
$10,500,000 60 Wanoma Way

Sold Listings
$271,900 35 Beach Grass Road
$850,000 23 West Chester Street #1
$850,000 6 Essex Road #1
$925,000 20A Park Circle
$970,000 7A Park Circle
$1,220,000 31 South Cambridge Street
$1,400,000 12 Appleton Road
$1,425,000 8 & 3 Maine Avenue
$1,560,000 2 Paupamo Way
$1,650,000 41.5 Nobadeer Farm Road
$1,660,000 1 Paupamo Way
$1,700,000 3 Upper Tawpawshaw Road
$1,725,000 11 Roberts Lane
$1,885,000 29 Tashama Lane
$1,900,000 4 Westerwick Drive
$1,900,000 3 Enterprise Circle
$2,000,000 2 Quidnet Reserve Drive
$2,100,000 29 Longwood Drive
$2,100,000 1 Dovekie Court
$2,350,000 12 Pilgrim Road
$2,400,000 13 Arkansas Avenue
$2,400,000 9 Lyons Lane
$2,500,000 51 Union Street
$2,500,000 13 Academy Lane
$2,530,000 40 Pine Street
$3,050,000 5 Cachalot Lane
$3,100,000 7 White Street
$3,500,000 56R Madequecham Valley Road
$4,000,000 2 Silver Street
$4,250,000 12 Milk Street
$4,442,500 26 Pocomo Road
$4,480,000 14 Cathcart Road
$5,195,000 14 Hussey Street
$5,300,000 32 Union Street
$5,425,000 75 Squam Road
$6,350,000 91 Tom Nevers Road
$6,500,000 15 Chuck Hollow
$7,180,000 18 Mill Street
$10,700,000 5 Shawkemo Hills Lane
$15,000,000 218 Cliff Road
$19,900,000 5 Grant Avenue
$20,500,000 7 Chase Links Circle

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,