Nantucket Island and Real Estate Information

Sotheby’s International Realty recently announced historic sales numbers in 2021 with US$204 billion in global sales volume, a 36% increase in sales year-over-year.


Many factors came together to make 2021 a record-breaking year for real estate on Nantucket. The continued value of the island as a unique destination, low interest rates and wealth accumulation fueled strong demand. Inventory was low but properties were still coming on the market even if for only a few days or in some cases hours before going under contract.


Nantucket Real Estate Outlook

The 2022 Luxury Outlook report examines high-end residential markets across the globe. The comprehensive report provides insight into the world’s top primary and secondary markets and the anticipated wealth trends that will drive discretionary investment in the coming months.


2021 was an incredible year for real estate on Nantucket with sales reaching well over the $2 billion mark. We are proud and excited to lead the market once again in both transactions and dollar volume for 2021, especially during such a significant year.


The past few years have been extremely busy for rentals on Nantucket and renters have responded by booking earlier than usual. If you are looking to rent for the 2022 season, now is the time to start. While there are still some great weeks and properties available they won't last long.


Nantucket Steamship

Mark your calendar! Beginning at 5:00 am on January 18, 2022 to January 24, 2022, reservations for travel with an automobile to Nantucket from May 17, 2022 through October 19, 2022 may be made via the internet.


Real estate in downtown Nantucket, or Town for short, has always been in high demand and for good reason.


2021 marks the 20th year that brave souls take the plunge to benefit the Weezie Library for Children. Like last year, this year will be virtual but the goal remains the same, to provide the funding necessary for the Weezie Library for Children to offer FREE, year-round access to programs, services and materials to all library users.


Simply put, the high demand for Nantucket real estate can be attributed to Nantucket being such a special place with a finite amount of land surrounded by water. And while every property on Nantucket is exceptional, waterfront property is in its own category in terms of demand and exclusivity.


Nantucket Cranberries

This year, due to continued COVID safety concerns the the Nantucket Conservation Foundation's has come up with the resourceful idea of celebrating the Cranberry Harvest. Instead of holding the Nantucket Cranberry Festival on one weekend they will instead celebrate the Cranberry Harvest through a series of smaller events held throughout the month of October.


Last August was the first month of the year not to surpass the previous year's monthly sales total. Is it a sign that the market is slowing down? Unlikely considering August of 2020 saw record breaking numbers partly due to many sellers holding off listing earlier in the year leading to big numbers for late summer and into Fall. This year, while far from ordinary with dollar volume up 49% YTD, we are seeing a more traditional distribution of sales per month. 


Scallops

Family Scallop Season, a Nantucket Fall tradition, begins on October 1. Its a great way to spend the day on the water gathering the tastiest scallops the ocean has to offer.


We are thrilled that our exclusive listing 111 Surfside Road, Nantucket MA is the Sotheby's International Realty Extraordinary Property of the Day.


While last year's first and second quarter real estate sales were slow due to the COVID-19 pandemic, the first half of 2021 has been anything but.


During the the long, warm days of summer on Nantucket there are few things more enjoyable than swimming in your own retreat. These gorgeous listings offering swimming pools allow for outdoor enjoyment and entertaining. 


This past week we have added a number of new exclusive listings. Properties include Sconset cottages, custom build opportunities, stunning compounds and more. 


Women and Wellness Nantucket Cottage Hospital

Maury People Sotheby's International Realty is proud to sponsor this year's Women + Wellness seminar hosted by the Nantucket Cottage Hospital. Co-chaired by Maury People Sotheby's International Realty agent Mary Taaffe, the event will focus on whole-body wellness, including mind, body, and spirit. Women+Wellness was created to help educate and empower our audience of women – the “chief medical officers” – who make 80% of the healthcare decisions for their families. This year’s event is dedicated to the memory of Sarah Newton. 


Yes, the real estate market on Nantucket is booming - not exactly breaking news. 2020 was a banner year and 2021 is on pace to surpass it by a substantial amount. Any real estate agent would tell you now is one of the best times ever to sell a home. That is the easy part. Working with an experienced broker who understands the market and nuances of the island is paramount when listing your home and pricing it properly. 


With summer upon us it is wonderful to again see restaurants opening for the season. This time last year restaurants were scrambling to operate under new regulations. This year, however, many of the restrictions have been lifted and restaurants are now accustomed to their adjusted operations.


Nantucket Beach Driving Permit

When it comes to beaches it is hard to top Nantucket's for their beauty and their accessibility. Unlike many New England summer destinations Nantucket's beaches do not have parking fees or the need for permits. It's simple, drive or bike, park, walk, find a spot and enjoy.


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