The Nantucket real estate market showed strong performance in April, continuing a promising trend for the year. Compared to April of the previous year, the number of properties sold surged by 63%, dollar volume more than doubled with a 109% increase, the average sold price rose by 28%, and the median sold price grew by 15%. The sustained high demand has been matched with more new listings, properties returning to the market, and fewer homes being removed from the market. Despite these year-over-year changes, the inventory at the end of the month remained nearly the same.
Maury People Sotheby's International Realty continues to lead the market, setting the pace with more than twice the sales and dollar volume of our closest competitor. When we’re not busy closing deals, we’re focused on listing new homes, recently adding 15 new properties, including iconic estates, waterfront beach homes, land opportunities, and more. Below is just a small selection of these exciting new offerings.