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November 2018 Nantucket Real Estate Market Insights


Listing Updates

Fisher Real Estate
november nantucket market report

As Fisher briefly reported earlier this month, the Nantucket real estate market officially surpassed the $1 billion mark with November transactions.  Through November 30, 2018, residential, commercial and vacant land sales totaled $1.047B through 414 transactions.  This represents a one percent increase on a transaction basis and a fifteen percent increase in dollar volume from the same period in 2017.  Vacant land sales proved to be the one segment of the market with a year-over-year increase in transactions while residential and commercial property sales were slightly lighter than in 2017.  The median home sale value held steady at $1.9 million, while the average home sale value rose seven percent thanks to a strong year for the high end of the market. Here are Fisher’s November Market Insights…  

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Fisher Real Estate