October Market Snapshot
“October real estate sales pushed the 2024 Nantucket real estate market firmly over the $1 billion threshold after a strong start to the fourth quarter with nearly $230 million in total property sales. This monthly volume was 35 percent higher than one year ago and was preceded by a very strong September, which also surpassed $200 million in sales. Total transaction volume rose by 20 percent, a good indicator that this exceptional dollar volume is not solely being driven by rising property prices but also an increase in sales activity from one year ago.
Monthly transactions ranged from a $13.375 million sale in ‘Sconset (the second highest sale price on record for this area) to a $640,000 sale in Madaket for a home that appears to be under comprehensive renovation.
Perhaps due to outstanding weather, new purchase activity was also strong during October with 46 new contracts (compared to 38 in September). As to be expected at this time of the year, price changes increased to 39 adjustments, up from 26 one month earlier. Total inventory levels dropped below 200 listed properties but were 25 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 | |
$1,325,000 | 46.5 Essex Road |
$1,325,000 | One Daffodil Lane |
$1,550,000 | 159 Main Street B |
$1,550,000 | 159 Main Street A |
$1,750,000 | 5 Cherry Street |
$1,795,000 | 10 Bartlett Road |
$1,895,000 | 20 Shell Street |
$1,950,000 | 3 Madaket Road |
$2,175,000 | 26B Evergreen Way |
$2,250,000 | 24 Clarendon Street |
$2,495,000 | 14 Lyon Street |
$2,595,000 | 5 Davkim Lane |
$2,595,000 | 26A Miacomet Road |
$2,695,000 | 2 Forrest Avenue |
$2,800,000 | 20 East Lincoln Avenue |
$2,895,000 | 27 Long Pond Drive |
$2,950,000 | 3 Nobadeer Avenue |
$2,950,000 | 18 Lincoln Street |
$3,495,000 | 44 Madaket Road |
$3,695,000 | 13 Willard Street C |
$3,750,000 | 9 Wigwam Road |
$3,850,000 | 11 Mississippi Avenue |
$4,200,000 | 14 Tautemo Way |
$4,250,000 | 2 Gardner Street |
$4,250,000 | 12 Oak Hollow Lane |
$4,750,000 | 134 Main Street C |
$6,900,000 | 1 East Hallowell Lane |
$10,500,000 | 7 North Swift Rock Road |
$14,950,000 | 7 Weetamo Road |
Under Agreement | |
$850,000 | 37 Sheep Pond Road |
$1,195,000 | 15A Park Circle |
$1,295,000 | 94/22 Tuckernuck |
$1,695,000 | 71 Surfside Road |
$1,950,000 | 3 Madaket Road |
$1,995,000 | 52 Essex Road |
$1,995,000 | 8 Ames Avenue |
$1,998,000 | 2 Alexandia Drive |
$2,195,000 | 7 Seikinnow Place |
$2,245,000 | 17 Honeysuckle Drive |
$2,295,000 | 63 Goldfinch Drive |
$2,395,000 | 15 Sconset Avenue |
$2,395,000 | 8 Heath Lane |
$2,595,000 | 20 York Street |
$2,600,000 | 16 Quaker Road |
$2,616,000 | 3 Honeysuckle Drive |
$2,695,000 | 33 Bartlett Road |
$2,950,000 | 18 Lincoln Street |
$2,995,000 | 32 Meadow View Drive |
$2,995,000 | 65 North Liberty Street |
$3,200,000 | 45B Vestal Street |
$3,450,000 | 11 Pine Street |
$3,495,000 | 44 Madaket Road |
$3,595,000 | 63 Fairgrounds Road |
$3,795,000 | 66 Madaket Road |
$4,200,000 | 14 Tautemo Way |
$4,285,000 | 4 Van Fleet Circle |
$4,950,000 | 20 Meadow View Drive |
$4,995,000 | 5 Weetamo Road |
$5,475,000 | 5 Davis Lane |
$5,995,000 | 216 Cliff Road |
$5,995,000 | 17 Lauretta Lane |
$5,995,000 | 10 Lincoln Street |
$6,200,000 | 3 Skyline Drive |
$6,995,000 | 54 Orange Street |
$7,675,000 | 2 Drew Lane |
$7,995,000 | 106A Surfside Road |
$9,795,000 | 27 Rugged Road |
$9,995,000 | 1 Smooth Hummocks & 1 Farmview |
$10,500,000 | 14 & 16 Coffin Street |
$12,000,000 | 20 Main Street |
$14,495,000 | 14 Nonantum Avenue |
$14,500,000 | 166 & 168 Cliff Road |
$14,950,000 | 7 Weetamo Road |
$16,950,000 | 218 Cliff Road |
$23,750,000 | 14 Lincoln Avenue |
Price Changes | |
$849,000 | 65A Surfside Road |
$1,250,000 | 14 Arkansas Avenue |
$1,325,000 | 46.5 Essex Road |
$1,450,000 | 5A Gray Avenue |
$1,550,000 | 159 Main Street B |
$1,550,000 | 159 Main Street A |
$1,650,000 | 76 Center Street B |
$1,695,000 | 5 Bank Street |
$1,795,000 | 1 Kendrick Street |
$1,995,000 | 16 King Street |
$1,995,000 | 31 Dartmouth Street |
$2,150,000 | 3 Clara Drive |
$2,200,000 | 39 Sheep Pond Road |
$2,250,000 | 57 Somerset Road |
$2,275,000 | 19 Honeysuckle Drive |
$2,325,000 | 15 Meader Street A |
$2,395,000 | 1 Beach Grass Road |
$2,450,000 | 12 Nichols Road |
$2,575,000 | 10 Beach Grass Road |
$2,595,000 | 11 Sesapana Road |
$2,595,000 | 2 Fawn Lane |
$2,850,000 | 51 North Liberty Street |
$2,895,000 | 12 Netowa Lane |
$3,150,000 | 5 Copper Lane |
$3,550,000 | 61 Fairgrounds Road |
$3,695,000 | 35 Tennessee Avenue |
$3,995,000 | 29 Douglas Way |
$4,195,000 | 25 Broadway |
$4,500,000 | 71 Hummock Pond Road |
$5,295,000 | 10A Gray Avenue |
$5,450,000 | 5 Tautemo Way |
$7,390,000 | 27 Cato Lane |
$7,430,000 | 43 Western Avenue |
$8,250,000 | 6 Marion Avenue |
$8,999,999 | 196 Hummock Pond Road |
$11,700,000 | 6 Tautemo Way |
$11,995,000 | 1 & 7 Airport Road |
$13,750,000 | 7 Pleasant Street |
$14,750,000 | 5 Cudweed Road |
Sold Listings | |
$640,000 | 56 Arkansas Avenue |
$700,000 | 11 Nancy Ann Lane |
$780,000 | 38 Hooper Farm Road |
$906,500 | 6 Sleepy Hollow Road |
$1,050,000 | 15A Park Circle |
$1,250,000 | 12A Greglen Avenue |
$1,300,000 | 3R Atlantic Avenue |
$1,650,000 | 8 Ames Avenue |
$1,975,000 | 12 New Street |
$2,000,000 | 1 Pinkham Circle |
$2,095,000 | 8A Daffodil Lane |
$2,225,000 | 63 Goldfinch Drive |
$2,300,000 | 12 Jonanthan Way |
$2,350,000 | 6 South Cambridge Street |
$2,600,000 | 16 Quaker Road |
$2,700,000 | 74 Madaket Road |
$2,750,000 | 45B Vestal Street |
$2,825,000 | 3 Goldfinch Drive |
$2,995,000 | 38 Cliff Road |
$3,000,000 | 27 Rugged Road |
$3,370,000 | 157 Main Street |
$3,500,000 | 11 Pine Street |
$3,700,000 | 53 Tom Nevers Road |
$3,995,000 | 23 Bank Street |
$4,000,000 | 14 Tautemo Way |
$4,050,000 | 24 Fair Street |
$4,225,000 | 36 Tennessee Avenue |
$4,350,000 | 23 Pond View Drive |
$4,395,000 | 7.5 Back Street |
$4,450,000 | 15 Fair Street |
$4,525,000 | 37 Vestal Street |
$4,688,000 | 40 Walsh Street |
$4,970,000 | 38 Pleasant Street |
$5,050,000 | 15 Aurora Way |
$5,395,000 | 10 Starbuck Road |
$5,900,000 | 7 Coffin Road |
$6,200,000 | 16 Willard Street |
$6,200,000 | 3 Skyline Drive |
$6,375,000 | 1 Ediths Way |
$6,600,000 | 4 Windsor Road |
$6,737,250 | 11 Eel Point Road |
$6,995,000 | 9B Pilgrim Road |
$7,500,000 | 76A Madaket Road |
$7,600,000 | 2 Drew Lane |
$8,925,000 | 28 Medouie Creek Road |
$8,960,000 | 1 Smooth Hummocks Way & 1 Farmview Drive |
$9,770,000 | 14 & 16 Coffin Street |
$12,250,000 | 13 Easton Street |
$12,525,000 | 3 Brewster Road |
$13,375,000 | 23 Morey Lane |