Nantucket Blog
Nantucket Island and Real Estate Information
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Get our new inside guide to Nantucket, The Magic of Nantucket, for all of your summer vacation planning needs. Our comprehensive guide covers beaches, activities, wellness, fishing, restaurants getting around the island and more. It is a great resource for planning as well as when you are here.
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June started off strong for Maury People Sotheby's International Realty with the sale of 25 Nonantum Avenue for $26.8 million ranking it as one of the largest ever for a residential property on Nantucket.
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While inventory remains low for real estate on Nantucket Maury People Sotheby's International Realty has been busy listing several exciting properties.
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New construction design trends are constantly evolving on Nantucket. With its unique blend of coastal charm and historic character, Nantucket provides the perfect canvas for architects and designers to create stunning homes that blend seamlessly with the island's natural beauty. Below are 5 great design trends for new home construction on Nantucket.
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As we count the days until the summer season it is sad to see the winter go. That is part of life on an island with such vastly different seasons, Nantucket is in a constant state of looking forward to the next season while enjoying the current one.
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47th Nantucket Daffodil Festival April 27 - 30, 2023
The Nantucket Chamber has announced the 47th annual Nantucket Daffodil Festival. The highly anticipated event includes the always popular classic-car parade and Sconset tailgate picnic, Daffodil Flower Show and Daffy Events held at Children's Beach.
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Year after year we strive to go beyond expectations and 2022 was no exception. As the #1 real estate firm on Nantucket Maury People Sotheby's International Realty once again had the highest dollar volume closed and the highest number of transactions last year. We are looking forward to continued success by providing real estate expertise at a scale you just won’t find anywhere else.
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We are pleased to introduce the Sotheby’s International Realty® 2023 Luxury Outlook report, an in-depth exploration into high-end real estate markets across the globe.
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Mark Your Calendar!
The Steamship Authority has announced their opening dates for summer auto reservations. Beginning at 5:00 am on January 17, 2023 to January 23, 2023, reservations for travel with an automobile to Nantucket from May 18, 2023 through October 23, 2023 may be made via the internet.
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As we head into the holiday season and the end of another fantastic year for real estate on Nantucket low inventory continues to play a major role in the market. Fewer new listings and high demand have kept available listings at about the same level as they were this time last year. That being said there are fewer sold and under contract properties in October compared to last year with almost twice as many price drops.
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The 48th Annual Christmas Stroll will take place December 2-4, 2022. While some events are still being finalized, now is a great time to contact us to book a rental for Stroll Weekend.
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There is a lot to love about fall on Nantucket. The nights are cool enough for the fireplace and the days can still bring beach weather. The summer crowds have gone and the island is just busy enough where restaurants and shops are still open but slow enough where you can find parking downtown.
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Two favorite fall events, the Cranberry Festival and the Nantucket Island Fair, are joining forces to create the Nantucket Harvest Fair. The inaugural Nantucket Harvest Fair strives to continue the family friendly spirit of both events which were island favorites during the fall season.
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With the end of August approaching we once again start to mentally prepare ourselves to say goodbye to summer. It's always bittersweet. While we will miss the weather, beaches and restaurants we welcome the sense of calm that returns to the island as the crowds leave.
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With the first half of 2022 behind us we can say with confidence that we are looking at another great year. That being said, compared to the first half of 2021 transactions for this year are down 40% and dollar volume is down 23%. Are we going to say the market is cooling off? Not a chance. Apart from 2021, Nantucket had the strongest first half of the year on record. In fact, average and median home sale prices are up 29% and 16% respectively. Inventory is a lower than last year with 22% fewer homes coming on the market which may be the only thing preventing a repeat of 2021.
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To help navigate the ever changing Nantucket restaurant scene the team at Sourcebook Productions has created an all inclusive dining guide that uses the power of Flowcode technology.
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Cancer has touched us all in different ways; it is what unites us and drives our community to make a difference. Swim Across America - Nantucket Open Water swim has made a tremendous impact on cancer treatment and patient care at Nantucket Cottage Hospital and Palliative and Supportive Care of Nantucket.
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We are proud and honored to congratulate Chandra Miller on her amazing accomplishments as a real estate broker with Maury People Sotheby's International Realty and being nationally recognized by Real Trends and The Wall Street Journal as a member of the prestigious “The Thousand” rankings for 2022, based on 2021 sales accomplishments. The Thousand is an annual, national ranking program presented by RealTrends ranking real estate agents and offices nationally.
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Thank You Nantucket!
Thanks to our awesome customers and friends, we have been nominated again this year for the Best of Nantucket Real Estate Office.
