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Nantucket Monthly Market Update, November 2020

Stories

Market Insights

Jen Shalley Allen
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“Preliminary November real estate data shows that it was another active month for real estate, though volume abated from previous month’s activity.  Property sales included 84 transactions totaling approximately $217 million.  This is down from the $300M+ in volume in September and October but still double the volume witnessed one year ago.  There were two notable $10M+ sales, as well as several high-end sales.  There was also a bright light for the commercial arena with the $2.4 million sale of 1 South Cambridge Street in Town (formerly the home of Sweet Inspirations).  

The amount of new inventory declined from last month and remains down 30 percent from one year ago.  This continues to be one of the biggest drivers for increasing property values given buyer demand remains stronger than ever.  On the purchase activity front, new contracts declined from October volume, but remained quite strong compared to historic norms with 68 new contracts. Stay tuned in the coming week for our full market report.” Jennifer Shalley Allen

New Listings
$695,000 13B Park Circle
$745,000 75A Bartlett Road
$875,000 15 Corriea Lane (Vacant Lot)
$895,000 14 Amelia Drive #3
$1,050,000 30 Macys Lane
$1,175,000 10A Larrabee Lane
$1,250,000 51 Essex Road
$1,295,000 45 Union Street
$1,425,000 18 Mt. Vernon Street
$1,450,000 24 First Way
$1,450,000 14B Lowell Place
$1,475,000 5 Dovekie Court
$1,475,000 52 Essex Road
$1,495,000 87 Goldfinch Drive
$1,499,000 7 Crooked Lane # B
$1,575,000 12 Angola Street
$1,595,000 8 Maclean Lane
$1,600,000 15 Correia Lane
$1,650,000 72 Orange Street
$1,750,000 35 Okorwaw Avenue
$1,750,000 19 Ridge Lane
$1,750,000 15 Macys Lane
$1,835,000 7 East Dover Street #2
$1,900,000 Lot 26 North Mill Street
$1,995,000 44 North Liberty Street
$2,150,000 Lot 33 North Mill Street
$2,249,000 34 King Street
$2,250,000 8 Jefferson Lane
$2,295,000 6 Swayzes Drive
$2,345,000 63 Somerset Road
$2,395,000 16 Gardner Road
$2,995,000 41 Dukes Road
$2,999,000 11 Grey Lady Lane
$3,100,000 126 Main Street
$3,250,000 6 Sandpiper Way
$3,299,000 6 Macy Road
$3,495,000 6 & 8 Daves & 141 Orange Street
$3,495,000 8 Whitetail Circle
$3,495,000 3 Milk Street
$3,595,000 10 Lyon Street
$3,695,000 34 Codfish Park Road
$3,850,000 6 New Lane
$4,100,000 32 Somerset Lane
$4,395,000 32 Dukes Road
$4,450,000 57 Washington Street
$4,695,000 1 Old Mill Court
$4,825,000 35 Low Beach Road
$5,200,000 33 Old South Road
$5,995,000 4 Brant Point Road
$6,225,000 11 Lily Street
$6,995,000 10 Brant Point Road
$7,495,000 10 Rugged Road
$7,995,000 1 Folger Road
$12,250,000 31 Quaise Road

Under Agreement
$479,000 # Bayberry Court
$489,000 8.5 Evergreen Way
$565,000 95 Orange Street #2
$575,000 20 Goldfinch Drive
$625,000 3 Grey Lady Lane
$630,000 5 Grey Lady Lane
$700,000 7 Grey Lady Lane
$829,000 14B Hummock Pond Road
$999,000 21 Goldfinch Drive
$1,050,000 30 Macys Lane
$1,095,000 37 Somerset Road
$1,195,000 91 Goldfinch Drive
$1,195,000 27 Essex Road # A
$1,195,000 2 Daley Court
$1,495,000 9 Bayberry Lane
$1,525,000 5 Old Mill Court
$1,525,000 Lot 30 North Mill Street
$1,675,000 Lot 28 North Mill Street
$1,895,000 15 Vestal Street #1
$1,995,000 44 North Liberty Street
$2,075,000 6 Wrights Landing
$2,100,000 4 Pocomo Road
$2,150,000 199 Madaket Road
$2,150,000 2 Windy Way
$2,200,000 2 Ash Lane
$2,225,000 6 Boulevarde
$2,249,000 34 King Street
$2,250,000 Lot 27 North Mill Street
$2,495,000 1 Doc Ryder Drive
$2,575,000 4 Brier Patch
$2,599,000 20 Coffin Street
$2,695,000 30 Codfish Park Road
$2,795,000 13 Grey Lady Lane
$2,845,000 84 Cliff Road
$2,900,000 26 Monomoy Road
$2,950,000 15 Evelyn Street
$2,950,000 1 Galen Avenue
$2,995,000 4 Middle Tawpawshaw Road
$3,100,000 126 Main Street
$3,250,000 26 Pine Street
$3,395,000 8 New Lane
$3,395,000 15 Hedgebury Lane
$3,495,000 6 Coffin Street
$3,600,000 29 Main Street and 1 West Sankaty
$3,695,000 34 Codfish Park Road
$3,700,000 52 Orange Street
$3,750,000 112 Main Street
$3,795,000 6 Winn Street
$3,850,000 6 New Lane
$3,865,000 50 Brewster Road
$3,895,000 14 Almanack Pond Road
$3,975,000 8 Woodbury Lane
$3,995,000 6 Kings Way
$4,395,000 32 Dukes Road
$4,495,000 2 Old Mill Court
$4,750,000 53 Main Street
$4,825,000 35 Low Beach Road
$4,950,000 13 Arrowhead Drive
$4,995,000 60 Squam Road
$4,995,000 3 Pochick Avenue
$5,295,000 51 Dukes Road
$5,350,000 33 Madaket Road
$5,850,000 136 Miacomet Road
$6,500,000 38 Hulbert Avenue
$7,995,000 82 Pocomo Road
$12,500,000 33 Pocomo Road
$16,750,000 22 & 24 Easton Street
$16,995,000 4 Heather Lane

Price Changes
$299,000 67 Fairgrounds Road
$700,000 10 Grey Lady Lane
$700,000 6 Grey Lady Lane
$700,000 4 Grey Lady Lane
$700,000 8 Grey Lady Lane
$1,075,000 8 Cliff Road # 2
$1,445,000 30 Devon Street
$1,995,000 6 Sheep Pond Road
$1,995,000 14 Madequecham Valley Road
$2,095,000 20 Willard Street
$2,775,000 5 & 7 West Creek Road
$2,950,000 15 Union Street
$3,350,000 8 Mayhew Lane
$3,490,000 50 North Beach Street
$3,550,000 3 Grand Avenue
$3,800,000 63 Orange Street
$3,950,000 17 Ranger Road
$4,100,000 14 Orange Street
$4,995,000 63 West Chester Street
$6,225,000 11 Lily Street
$6,250,000 65 Center Street
$10,250,000 24 & 26 Old North Wharf

Sold
$300,000 # South Pasture Lane
$330,225 2 Lilac Court
$575,000 2 Anna Drive # D
$665,000 42 Nobadeer Farm Rd # C
$800,000 42 Monohansett Road
$824,401 8 Meetinghouse Lane
$830,000 11 Upper Tawpawshaw Road
$835,000 74 Cato Lane # B
$930,000 7 Goldfinch Drive
$950,000 22 Atlantic Avenue
$950,000 1 First Way
$975,000 13 Atlantic Avenue
$1,020,000 37 Somerset Road
$1,025,000 10 Plainfield Road
$1,050,000 12 Cannonbury Lane
$1,050,000 10 Cannonbury Lane
$1,125,000 10 Surfside Drive
$1,150,000 91 Goldfinch Drive
$1,150,000 5 Cherry Street
$1,180,000 41 Surfside Road
$1,185,000 5 Curlew Court
$1,200,000 8 Swift Rock Road
$1,200,000 9 Bayberry Lane
$1,300,000 16 Mamack Lane
$1,331,632 1 Old South Road
$1,350,000 14 & 16 Sheep Pond Road
$1,350,000 12 Pine Grove Road
$1,400,000 24 Macys Lane
$1,400,000 111 Surfside Road
$1,450,000 41 Wigwam Road
$1,495,000 2 Boucher Way A & B
$1,500,000 11 Mill Hill Lane
$1,500,000 44B Centre Street #3
$1,600,000 49 Orange Street
$1,645,000 16 Pleasant Street
$1,675,000 16 Goldfinch Drive
$1,725,000 98 Baxter Road
$1,800,000 8 Parson Lane
$1,850,000 67 Vestal Street
$1,850,000 3 Swain Street
$1,900,000 8 Wrights Landing
$1,995,000 84 Polpis Road
$2,000,000 28A Pleasant Street
$2,100,000 14 Poplar Street
$2,130,000 15 Quince Street
$2,150,000 33 Norwood Street
$2,175,000 31 Ridge Lane
$2,247,500 14 Hydrangea Lane
$2,250,000 79 Milk Street
$2,250,000 59 Fair Street
$2,307,137 4 South Cambridge Street
$2,400,000 1 Cambridge Street #2
$2,500,000 3 Sylvia Lane
$2,590,000 84 Cliff Road
$2,600,000 82 Baxter Road
$2,790,000 78 Hawthorne Park
$2,795,000 1 Galen Avenue
$2,800,000 11 East Lincoln Avenue
$2,850,000 14 Lowell Place
$3,061,250 15 Hedgebury Lane
$3,100,000 126 Main Street
$3,150,000 5 Monohansett Road
$3,226,000 6 Coffin Street
$3,285,000 50 Eel Point Road
$3,380,000 1 Farmview Drive
$3,495,000 1 Waterview Drive
$3,600,000 50 Brewster Road
$3,680,000 6 Winn Street
$3,700,000 34 West Chester Street
$4,115,000 2 Sandwich Road
$4,250,000 18 Parson Lane
$4,300,000 2 Old Mill Court
$4,500,000 19 Medouie Creek Road
$4,600,000 6 Old Westmoor Farm Road
$4,825,000 35 Low Beach Road
$5,550,000 136 Miacomet Road
$5,595,000 140 Cliff Road
$5,843,750 179 Eel Point Road
$6,000,000 38 Hulbert Avenue
$6,150,000 3 Fair Street
$6,470,000 24 Bassett Road
$7,700,000 13 Easton Street
$10,250,000 14 North Road
$10,750,000 30 Orange 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,