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Nantucket Monthly Market Update, December 2020

Stories

Market Insights

Jen Shalley Allen
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“If you’d asked us in March if the 2020 real estate market would be a record-setter, I imagine none of us would have had any inkling it could be.  Boy, were we wrong.  All told, the 2020 real estate market tallied approximately $1.85B in sales, a 50 percent increase from 2019 and $670 million higher than the best market on record in 2005.  The market made a rapid turnaround in June and momentum never stopped, with month after month posting substantial gains from one year ago.  We saw the highest number of homes sales, the highest number of high-end sales and several new trends, which we plan to expand on in our upcoming 2020 Year in Review Report.  We are exceptionally grateful for a good year as we know many businesses were not as fortunate.  Thank you for your continued support and please message us if you’d like to receive our annual review by email in the coming weeks. ” Jennifer Shalley Allen

New Listings
$679,000 17B Old South Road
$799,000 47 Appleton Road C
$875,000 3 Sun Island Road #4
$925,000 3 Upper Tawpawshaw Road
$1,075,000 8 Cliff Road # 2
$1,395,000 4 Falcon Court
$1,475,000 39 Macys Lane
$1,550,000 31 Exeter Street
$1,895,000 321 Polpis Road
$2,000,000 12 Derrymore Road
$2,150,000 26 Pilgrim Road
$2,250,000 5 & 7 New Street
$2,995,000 16 Gladlands Avenue
$3,250,000 14 New Mill Street
$3,800,000 54 Fair Street
$6,100,000 5 Eat Fire Spring Road
$6,500,000 59 Washington Street
$10,000,000 2, 4, 4.5 Cathcart Road

Under Agreement
$395,000 2 Sanford Road # 2
$479,000 26B Evergreen Way
$695,000 3 Cottage Avenue
$695,000 20 Sparks Avenue (Portion Of)
$845,000 74 Cato Lane # A
$945,000 2 Seven Mile Lane
$975,000 16 Bailey Road
$975,000 12B Daffodil Lane
$1,050,000 30 Macys Lane
$1,195,000 51 Miacomet Avenue
$1,395,000 4 Falcon Court
$1,425,000 18 Mount Vernon Street
$1,425,000 20 Polliwog Pond Road
$1,550,000 31 Exeter Street
$1,575,000 12 Witherspoon Drive
$1,595,000 8 Maclean Lane
$1,650,000 71 R Cliff Road
$1,699,000 37 Wigwam Road
$1,750,000 19 Ridge Lane
$1,895,000 28R Main Street
$1,895,000 35 Gloucester Street
$1,925,000 47 South Cambridge Street
$1,995,000 8 Arkansas Avenue
$2,000,000 12 Derrymore Road
$2,150,000 26 Pilgrim Road
$2,150,000 2 Windy Way
$2,195,000 3 Weymouth Street
$2,195,000 21 Irving Street
$2,295,000 11 Aurora Way
$2,345,000 63 Somerset Road
$2,495,000 33 1/2 Vesper Lane
$2,725,000 21 South Water Street
$2,800,000 18 Gardner Road
$2,895,000 84B Millbrook Road
$2,950,000 15 Evelyn Street
$2,950,000 15 Union Street
$2,999,000 11 Grey Lady Lane
$3,299,000 6 Macy Road
$3,350,000 81 Orange Street
$3,850,000 6 New Lane
$3,975,000 8 Woodbury Lane
$4,100,000 32 Somerset Lane
$4,100,000 14 Orange Street
$4,395,000 104 Baxter Road
$4,500,000 17 Old North Wharf
$5,200,000 33 Old South Road
$5,295,000 51 Dukes Road
$5,845,000 36 Wigwam Road
$6,100,000 5 Eat Fire Spring Road
$10,000,000 2, 4, 4.5 Cathcart Road
$12,500,000 33 Pocomo Road

Price Changes
$745,000 75A Bartlett Road
$765,000 6B Park Circle
$845,000 74 Cato Lane # A
$975,000 16 Bailey Road
$1,625,000 52 Somerset Road
$1,750,000 19 Ridge Lane
$1,760,000 7 East Dover Street # 2
$2,149,000 24 York Street
$3,575,000 2 Ishmael Road
$4,850,000 12B Oak Hollow Lane
$7,250,000 7 Sherburne Turnpike

Sold Listings
$430,000 7F Bayberry Court
$440,000 26B Evergreen Way
$450,000 8 Toombs Court
$535,000 20 Goldfinch Drive
$537,500 97B Goldfinch Drive #5
$540,000 95 Orange Street #2
$570,000 3 Allens Lane
$642,900 23A West Chester Street
$660,000 3C Sun Island Road #2
$700,000 59 Polpis Road, Lot 2
$717,470 4 Youngs Way #3
$762,500 2 Seven Mile Lane
$765,000 87 Hinsdale Road #1
$815,000 19 Clarendon Street
$845,000 14B Hummock Pond Road
$949,000 13 Witherspoon Drive #B
$950,000 6 Brinda Lane
$950,000 21 Goldfinch Drive
$1,000,000 43 Macys Lane
$1,105,000 5 Kinikinnik Way
$1,150,000 2 Mayflower Circle
$1,150,000 1 Valley View Drive
$1,175,000 27 Essex Road # A
$1,200,000 51 Miacomet Avenue
$1,200,000 12 Eat Fire Spring Road
$1,295,000 22 Berkley Street
$1,325,000 59 South Shore Road
$1,350,000 18 Mount Vernon Street
$1,350,000 74B Old South Road #2
$1,350,000 Lot 30 North Mill Street
$1,400,000 105 Tom Nevers Road
$1,500,000 40B Union Street Unit4
$1,506,000 18 Bayberry Lane
$1,550,000 22 Ellens Way
$1,565,000 14 Netowa Lane
$1,567,500 18 Goldfinch Drive
$1,600,000 6 Fisher Lane
$1,630,000 3 Doc Ryder Drive
$1,700,000 15 Washington Street
$1,700,000 3 Wesco Place
$1,700,000 19 Ridge Lane
$1,755,000 15 Vestal Street #1
$1,795,000 3 Marsh Hawk Lane
$1,850,000 34 Derrymore Road
$1,900,000 12 Grey Lady Lane
$1,900,000 82A Baxter Road
$1,900,000 8 Sesapana Road
$1,957,515 19 Pine Street
$1,975,000 2 Ash Lane
$1,986,500 3 Salem Street
$2,000,000 10 Catherine Lane
$2,000,000 12 Derrymore Road
$2,080,000 3 Weymouth Street
$2,100,000 12 Academy Lane
$2,125,000 11 Aurora Way
$2,150,000 199 Madaket Road
$2,160,000 16 Warren Street #1
$2,180,000 1 Bloom Street
$2,220,000 34 King Street
$2,250,000 1 Doc Ryder Drive
$2,300,000 15 Center Street #4
$2,300,000 291 Madaket Road
$2,383,000 4 Hiawasse Lane
$2,450,000 17 Ahab Drive
$2,500,000 20 Coffin Street
$2,575,000 21 South Water Street
$2,595,000 1 Sunset Ridge Lane
$2,600,000 30 Codfish Park Road
$2,625,000 64 Milk Street
$2,635,000 49 Meadow View Drive & 1 Wamasquid Place
$2,675,000 9 Grey Lady Lane
$2,705,000 13 Grey Lady Lane
$3,025,000 26 Pine Street
$3,400,000 52 Orange Street
$3,450,000 2 Ishmael Road
$3,600,000 112 Main Street
$3,618,500 25 Ellens Way
$3,675,000 8 Woodbury Lane
$3,695,000 34 Codfish Park Road
$3,750,000 6 Kings Way
$3,830,750 16 Ellens Way
$3,900,000 4 Moors End Lane
$3,900,000 122 Wauwinet Road
$3,955,555 14 Almanack Pond Road
$4,000,000 104 Baxter Road
$4,200,000 32 Dukes Road
$4,265,000 61 West Chester Street
$4,400,000 13 Arrowhead Drive
$4,550,000 3 Pochick Avenue
$4,700,000 60 Squam Road
$5,122,500 33 Madaket Road
$5,250,000 51 Dukes Road
$5,325,000 36 Wigwam Road
$5,351,000 18 Black Fish Lane
$5,495,000 20 Orange Street
$5,850,000 5 Eat Fire Spring Road
$6,850,000 36 Baxter Road
$7,500,000 21 Brewster Road
$8,159,800 7 & 9 Salem Street
$8,250,000 1 Pochick Avenue
$9,600,000 2, 4, 4.5 Cathcart Road
$9,750,000 45 Hulbert Avenue
$12,250,000 33 Pocomo Road
$15,750,000 22 & 24 Easton Street

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,