Nantucket Real Estate Update - October, 2014

Embed Size (px)

Citation preview

  • 8/10/2019 Nantucket Real Estate Update - October, 2014

    1/4

  • 8/10/2019 Nantucket Real Estate Update - October, 2014

    2/4

    .

    >>>@$55+5($5/*(*[email protected]

    !"##"$%&'()*

    ?,+&+-77-0& 8077#2$ ),#&5+$ ,#8(2-&5 # BA >0&', .+2-08: .+0.7+ #2+ 10('0 '#7* J +$.+)-#77= ",+& -'G$ 1++& #7>0$

    8+)#8+ $-&)+ #&=',-&5 7-*+ ',-$ ,#..+&+83

    QG(), 80+ 02 &(>1+2 06 .20.+2'-+$ $078 =+#28#'+3 Q&'+2+$'-&57= ',0(5,: +0$' BPH -&)2+#$+ -&

    '2#&$#)'-0&$3 W02+ ',#& NL3FO 1+,-&8 -& 8077#2 + KJ@@3PHM3 ?,-7+',+ NB3ARBO #0&',$(..7= 06 -&0&',$ #)'-M3

    E=(#$(?#$#*6C

    Y,+2+ "+2+ FLL .20.+2'-+$ K@SF 2+$-8+&'-#7M 0&J>#2*+' #'

    >0&',J+&8 1+2 K@U@2+$-8+&'-#7M #&8 CCL KFFS 2+$-8+&'-#7M #' ',+ +&8 06 /)'01+2@ABF3 /6 ',+ LC .20.+2'-+$ 120(5,' '0 >#2*+' -& /)'01+2: BBK@A3FHM "+2+ .2+

  • 8/10/2019 Nantucket Real Estate Update - October, 2014

    3/4

    Land Parcels Selling Price

    % of Final

    Asking

    Price**

    % of

    Original

    Price**

    Lot size

    (sq. ft.)

    Price per

    sq. ft.

    Days On

    Market

    1 Weatherly Place $250,000 N/A* N/A* 10,019 $24.95 N/A*

    54R Old South Road $350,000 N/A* N/A* 29,830 $11.73 N/A*

    3 Cachalot Lane $400,000 88.89% 88.89% 20,038 $19.96 83

    13 &15 Spearhead Road $450,000 N/A* N/A* 10,454 $43.04 N/A*

    71 Fairgrounds Road $455,000 91.92% 91.92% 14,810 $30.72 0

    32 Killdeer Lane $485,000 N/A* N/A* 5,227 $92.78 N/A*

    11 Upper Tawpawshaw Road $605,000 93.22% 76.10% 16,117 $37.54 1269

    7 Amelia Drive $645,000 92.81% 92.81% 12,632 $51.06 736

    63 Hummock Pond Road $675,000 90.12% 90.12% 20,038 $33.69 113

    10 Wrights Landing $760,000 95.60% 76.38% 20,038 $37.93 390

    12 Clifton Street $800,000 89.39% 89.39% 10,751 $74.41 34

    24 Coffin Street $1,270,000 N/A* N/A* 5,676 $223.75 N/A*

    20 McKinley Avenue $1,425,000 95.32% 95.32% 4,792 $297.40 35

    2 North Star Lane $1,600,000 78.05% 78.05% 7,418 $215.68 44

    10 Old Westmoor Farm Road $1,625,000 94.20% 94.20% 24,045 $67.58 49

    23 & 25 Pilgrim Road $2,500,000 100.00% 95.24% 26,572 $94.09 50

    222 Eel Point Road $3,750,000 97.40% 97.40% 211,266 $17.75 51

    Total Land Sales $18,045,000

    Average: $1,061,471 92.24% 88.82% 26,454 $80.83 238

    Median Of All Land Sales: $675,000 93.01% 91.02% 14,810 $43.04 51

    Residential Properties Selling Price

    % of Final

    Asking

    Price**

    % of

    Original

    Price**

    Price

    per sq. ft

    (living area)

    Lot size

    (sq. ft.)

    Days On

    Market

    Living Area

    Sq. Ft. Beds Baths

    7 Bayberry Court $380,000 97.44% 97.44% $292.31 Condo 102 1,300 0 0

    00 Weatherly Place $450,000 N/A* N/A* $334.82 10,498 N/A* 1,344 3 2

    18 Bartlett Road $465,000 N/A* N/A* $496.79 7,841 N/A* 936 2 1

    48 Hooper Farm Road $550,000 N/A* N/A* $405.90 10,019 N/A* 1,355 3 2

    1 Arlington Street $585,000 100.00% 100.00% $663.27 8,712 21 882 1 1

    84 Baxter Road $647,500 70.77% 70.77% $509.04 10,280 112 1,272 3 2

    6 Berkley Street $708,000 N/A* N/A* $409.72 22,216 N/A* 1,728 3 2

    5 Arkansas Avenue $800,000 91.43% 91.43% $788.18 20,038 28 1,015 3 2

    8 Woodland Drive $825,000 93.75% 93.75% $421.56 19,602 98 1,957 3 2

    56 Hooper Farm Road $825,000 97.06% 97.06% $582.22 34,848 2 1,417 3 1.5

    50 Union Street $850,000 94.97% 68.00% $332.94 5,227 1650 2,553 4 3

    35 & 37 Sheep Pond Road $855,200 N/A* N/A* $338.02 56,628 N/A* 2,530 3 3

    30 Washaman Avenue $897,000 98.57% 98.57% $514.33 3,920 15 1,744 3 3

    7 Bank Street $930,000 86.92% 86.92% $748.19 2,178 450 1,243 2 2.5

    11 Sconset Avenue $950,000 95.48% 95.48% $796.31 8,276 2 1,193 4 2

    10 Goldfinch Drive $962,500 92.64% 92.64% $454.01 5,227 16 2,120 3 2.5

    17 Arlington Street $995,000 100.00% 100.00% $590.50 10,019 2 1,685 3 2.5

    26 Pequot Street # $1,000,000 N/A* N/A* $351.25 40,075 N/A* 2,847 3 3

    27 North Liberty Street # $1,050,000 N/A* N/A* $889.08 11,761 N/A* 1,181 2 2

    5 York Street $1,140,000 88.03% 88.03% $722.43 4,356 28 1,578 3 2.5

    22 Cliff Road $1,212,500 88.18% 85.09% $665.84 3,049 112 1,821 3 2.5

    23 Meadow View Drive $1,275,000 98.46% 79.94% $500.79 20,038 201 2,546 4 4

    23 Union Street $1,350,000 96.77% 96.77% $676.69 4,356 26 1,995 4 2.570 Union Street $1,425,000 87.69% 60.00% $459.68 6,534 902 3,100 4 3

    73 Fairgrounds Road $1,450,000 87.88% 87.88% $452.00 19,602 29 3,208 4 4.5

    91 Tom Nevers Road $1,450,000 96.99% 96.99% $589.91 25,265 90 2,458 3 2.5

    94 Orange Street $1,456,000 97.39% 89.60% $520.00 4,356 474 2,800 5 7

    18 Madequecham Valley Road $1,487,500 99.17% 95.97% $1,392.79 83,635 336 1,068 2 1.5

    4 Madaket Road $1,537,500 90.71% 90.71% $732.14 5,663 262 2,100 4 3.5

    134 Main Street # 4 $1,620,000 96.72% 96.72% $1,354.52 Condo 29 1,196 3 2

    2 Finback Lane $1,620,000 98.18% 98.18% $641.58 5,227 51 2,525 4 4.5

    4 Stone Barn Way $1,675,000 93.31% 88.20% $704.97 5,227 215 2,376 2 3

    10 Upper Tawpawshaw Road $1,725,000 86.47% 86.47% $497.84 20,038 144 3,465 5 5.5

    26 Union Street $1,727,500 92.13% 78.70% $496.12 6,534 520 3,482 5 4.5

    45 Easton Street $1,875,000 93.98% 89.29% $602.51 4,966 125 3,112 5 3

    Properties Sold In October 2014(excluding foreclosures)

  • 8/10/2019 Nantucket Real Estate Update - October, 2014

    4/4

    36.5 Union Street $2,000,000 N/A* N/A* $662.91 10,019 N/A* 3,017 5 4

    14 Ahab Drive $2,025,000 92.05% 92.05% $1,406.25 23,522 98 1,440 4 2

    30 Vestal Street $2,150,000 95.56% 95.56% $476.51 14,244 39 4,512 4 4.5

    24 Wanoma Way $2,200,000 92.63% 92.63% $1,026.12 4,792 230 2,144 4 4.5

    142 Miacomet Road $2,220,000 96.73% 96.73% $995.96 80,586 10 2,229 4 3.5

    121 Washington Street $2,300,000 N/A* N/A* $828.53 7,841 N/A* 2,776 7 3.5

    23 Ocean Avenue $2,505,000 89.62% 83.64% $1,463.20 3,920 56 1,712 3 3

    144 Surfside Road $2,530,000 97.50% 97.50% $502.98 54,450 9 5,030 8 5

    4 The Captains Lane $2,550,000 89.63% 89.63% $726.50 9,387 359 3,510 3 3

    10 Brant Point Road $2,585,000 95.92% 89.14% $773.95 24,394 201 3,340 5 3.5

    10 Ellens Way $2,612,500 90.87% 90.87% unknown 10,890 235 unknown 4 4.5

    72 Washington Street $2,700,000 90.15% 75.00% $1,514.30 6,098 197 1,783 2 2

    16 Meadow Lane $2,750,000 92.44% 92.44% $528.85 24,829 59 5,200 6 5

    146 Polpis Road $2,750,000 91.82% 91.82% $1,024.97 31,799 126 2,683 4 5.5

    8 Winter Street $2,800,000 93.49% 93.49% $844.65 3,746 29 3,315 4 4.5

    173 Polpis Road $2,900,000 86.57% 79.45% $715.17 40,075 121 4,055 4 4.5

    21 Quidnet Road $2,950,000 98.50% 98.50% $576.62 174,240 46 5,116 9 4.5

    4 Winn Street $3,200,000 86.60% 86.60% unknown 8,276 394 unknown 5 5.5

    131 Main Street $4,100,000 97.62% 89.13% $1,780.29 21,780 123 2,303 5 3

    9 Jennifer Lane $4,200,000 N/A* N/A* $953.68 26,136 N/A* 4,404 6 5.5

    7 Washing Pond Road $4,400,000 90.72% 90.72% $1,870.75 80,150 79 2,352 5 5.5

    94 Main Street $4,700,000 95.92% 95.92% $1,296.19 4,356 50 3,626 4 3.5

    92 Washington Street Extension $4,995,000 83.32% 72.92% $2,787.39 14,810 271 1,792 3 2

    2 Capaum Road $5,000,000 94.43% 94.43% $1,179.80 11,761 54 4,238 4 5.5

    3, 5 & 7 Lauretta Lane $6,150,000 96.09% 96.09% $1,629.57 252,648 159 3,774 6 7.5

    3 Capaum Pond Road $6,300,000 93.33% 90.06% $761.88 125,888 244 8,269 5 7.5

    11 Hinckley Lane $6,650,000 100.00% 95.00% $1,108.33 36,939 108 6,000 6 6.5

    4,5,6 Harborview and 44 Brewster Rd $7,100,000 91.03% 91.03% $1,789.77 227,819 95 3,967 6 3.5

    Total Residential Sales $138,073,700

    Average: $2,191,646 93.09% 89.83% $822.19 30,190 178 2,651 4 3

    Median Of All Residential Sales: $1,675,000 93.49% 91.43% $676.69 10,890 102 2,376 4 3

    Commercial Properties Selling Price

    % of Final

    Asking

    Price**

    % of

    Original

    Price**

    Price

    per sq. ft

    (living area)

    Lot size

    (sq. ft.)

    Days On

    Market

    Living Area

    Sq. Ft. Beds Baths

    117 Orange Street $717,000 95.60% 81.94% $386.73 5,227 892 1,854

    2 Lovers Lane $950,000 N/A* N/A* $449.81 23,087 N/A* 2,112 2

    117 Pleasant Street $2,200,000 88.00% 88.00% $517.04 12,502 424 4,255 3 2.5

    54 Old South Road $2,381,818 N/A* N/A* $317.41 18,940 N/A* 7,504 3

    Total Commercial Sales $6,248,818

    Average: $1,562,205 91.80% 84.97% $417.75 14,939 658 3,931 3 3

    Median Of All Residential Sales: $1,575,000 91.80% 84.97% $418.27 15,721 658 3,184 3 2.5

    N/A* - Not Sold Through A Real Estate Firm ** Excludes Properties Not Sold Through A Real Estate Firm