Nantucket Real Estate Activity

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Ira Barnett
5 years ago
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Sold Properties Nantucket Real Estate Activity May 2012 Address Selling Price Sale Price as a % Sale Price as a % of ORIG List of L AST List Type Town Months on 260 & 270 Milestone Road $16,000,000

1 Sold Properties Nantucket Real Estate Activity May 2012 Address Selling Price Sale Price as a % Sale Price as a % of ORIG List of L AST List Type Town Months on 260 & 270 Milestone Road $16,000,000 36% 62% Land Sconset 35 4 Salt Marsh Road $6,200,000 78% 95% Single Family Monomoy 23 6 Kite Hill Lane $4,450,000 85% 89% Single Family Cliff 7 20 Main Street Siasconset $4,090,000 78% 87% Single Family Sconset 5 76 Main Street $3,820,000 76% 87% Commercial Town Cliff Road $3,217,000 87% 87% Single Family Cliff 5 4 Lavender Lane $3,200,000 64% 97% Single Family Dionis Hussey Street $2,950,000 75% 84% Single Family Town 7 12 Pine Street $2,265,000 77% 84% Single Family Town Cliff Road $2,250,000 90% 90% Single Family Cliff 7 68 Cliff Road $2,183,667 88% 88% Single Family Cliff West Miacomet Road $1,950, % 100% Single Family Miacomet <1 5C Stone Barn # 12 $1,950,000 60% 75% Condo Brant Point 9 6 Woodbury Lane $1,850,000 58% 75% Single Family Town 45 2 Coon Street $1,850,000 unlisted Single Family Town 20 North Beach Street $1,800,000 67% 95% Single Family Brant Point Shimmo Pond Road $1,660,000 67% 92% Single Family Shimmo 26 6 Plainfield Road $1,575,000 63% 88% Single Family Sconset 13 4 Moby Way $1,440,000 72% 85% Single Family Cisco Pochick Avenue $1,425,000 62% 89% Single Family Surfside 15 6 Gardner Road $1,125,000 90% 90% Single Family Shimmo 6 80 Goldfinch Drive $1,000,000 73% 72% Single Family Naushop Easton Street $999,400 74% 74% Single Family Brant Point 1 33 Walsh Street $925,000 unlisted Condo Brant Point 36 Goldfinch Drive $910,000 73% 91% Single Family Naushop 19 1 Austin Farm Drive $860,000 86% 86% Single Family Hummock Pond 15 1 Gardners Court # 5 $850,000 85% 85% Condo Town 9 11 Gray Avenue $802, % 107% Single Family Mid Island 0 22 Folger Avenue $800,000 57% 57% Single Family Surfside F 48 Nobadeer Farm Road $760,000 unlisted Commercial Mid Island 16 Ridge Lane $732,000 81% 89% Single Family Madaket Goldfinch Drive $675,000 unlisted Condo Naushop 1 Goldfinch Drive $650,000 unlisted Condo Naushop /2 Clarendon Street $649,000 93% 93% Single Family Tom Nevers 6 13 Bank Street $585,000 74% 75% Single Family Sconset F 11 Tom Nevers Road $578,181 75% 80% Single Family Tom Nevers F 1 Boucher Way $564,705 auction Single Family Miacomet F (Continued on next page) REO / Foreclosure

2 Address Selling Price Sale Price as a % Sale Price as a % of ORIG List of L AST List Type Town Months on REO / Foreclosure 38 Surfside Road $564,224 foreclosure Single Family Mid Island F 10 Bailey Road $528,429 93% 102% Single Family Mid Island F 30 Miacomet Avenue $510,000 94% 94% Single Family Miacomet 3 4 Gingy Lane $500,000 unlisted Land Town 4 Newtown Road $470,000 95% 95% Single Family Mid Island 2 21 Friendship Lane #1 $460,000 92% 92% Condo Mid Island 1 REO 51 Essex Road $450,000 65% 91% Multi-Family Mid Island Hinsdale Road $400,000 43% 43% Single Family Mid Island F 20 Winn Street(portion of) $375,000 42% 42% Single Family Town 9 4 Fifth Street $350,000 auction Single Family South of Town F 75B Bartlett Road $327,994 auction Condo Miacomet F 14 Sleepy Hollow Road $227,500 unlisted Land West of Town SOLD SUMMARY AVERAGE $1,729,687 76% 84% 15 TOTAL $84,754,660 On the For More than 12 Months On the For Less than 12 Months On the For Less than 6 Months 69% 86% 83% 86% 91% 92% Offer to Purchase Address Original Price Current List Price Type Town 30 Monomoy Road $3,250,000 $2,875,000 Single Family Monomoy 5 Pochick Street $1,950,000 $1,950,000 Single Family Sconset 11R #6 Crooked Lane $1,500,000 $1,500,000 Land Cliff 17 Boulevarde $1,450,000 $1,450,000 Single Family Surfside 70 Lovers Lane $2,050,000 $1,395,000 Single Family Surfside 20-5 Bishops Rise $1,350,000 $1,350,000 Land Dionis 9 Head of Plains Road $1,150,000 $1,150,000 Land Madaket 98 Old South Road $995,000 $995,000 Commercial Mid Island 11R #7 Crooked Lane $950,000 $950,000 Land Cliff 11R #5 Crooked Lane $950,000 $950,000 Land Cliff 5 California Avenue $920,000 $920,000 Single Family Madaket 11R #4 Crooked Lane $895,000 $895,000 Land Cliff 4 Head of Plains Road $895,000 $895,000 Land Madaket 22 Chuck Hollow Road $795,000 $795,000 Single Family Tom Nevers 9 Meadow Lane $995,000 $795,000 Single Family West of Town 11R #1 Crooked Lane $775,000 $775,000 Single Family Cliff 11R #3 Crooked Lane $700,000 $700,000 Land Cliff 64 Pochick Avenue $675,000 $675,000 Land Surfside 50 Pleasant Street $649,000 $649,000 Single Family Town 23 Bank Street $749,000 $599,000 Single Family Sconset 12 Old Tom Nevers Road $489,000 $489,000 Multi-Family Tom Nevers 8 Celtic Drive $495,000 $475,000 Single Family Mid Island 36 Evergreen Way $450,000 $450,000 Single Family Surfside 7 Cow Pond Lane, Unit 1 $325,000 $299,000 Condo Mid Island

3 Purchase & Sale Address Original Price Current List Price Type Town 35 North Beach Street $3,850,000 $3,205,000 Single Family Brant Point 7&9 Hussey Street $3,795,000 Single Family Town 123 Cliff Road $3,695,000 $3,217,000 Single Family Cliff 216 Cliff Road $2,495,000 $2,250,000 Single Family Cliff 6 Woodbury Lane $3,195,000 $1,850,000 Single Family Town 17 Chuck Hollow Road $2,295,000 $2,145,000 Single Family Tom Nevers 54 Pochick Avenue $1,995,000 Single Family Surfside 3 Mulberry Street $1,825,000 $1,565,000 Single Family Town 15 Shimmo Pond Road $1,800,000 $1,660,000 Single Family Shimmo 4 Moby Way $1,995,000 $1,440,000 Single Family Cisco 35 Washington Street $1,795,000 $1,400,000 Single Family Town 80 Goldfinch Drive $1,375,000 $1,000,000 Single Family Naushop 6 Gardner Road $1,250,000 $1,125,000 Single Family Shimmo 3 Cachalot Lane $1,295,000 Single Family South of Town 4 Head of Plains Road $895,000 Land Madaket 22 Chuck Hollow Road $795,000 $725,000 Single Family Tom Nevers 12 & 12R Bartlett Road $900,000 Single Family Mid Island Address Current List Price Town Type New & Return to 11 Lincoln Avenue $10,900,000 Cliff Single Family 41 Jefferson Avenue (Portion $7,500,000 Brant Point Condo 24 Sankaty Head Road $6,995,000 Sconset Single Family 31 Baxter Road $6,900,000 Sconset Single Family 15 Hallowell Lane $5,800,000 Cliff Single Family 63 Cliff Road $5,250,000 Cliff Single Family 22 North Pasture Lane $4,895,000 Polpis Single Family 7 Maxey Pond Road $4,595,000 Cliff Single Family 5 Orange Street $4,495,000 Town Single Family 47 Easton Street $3,765,000 Brant Point Single Family 12 Gingy Lane $2,985,000 Town Single Family 3 Jennifer Lane $2,950,000 Sconset Single Family 3 West Chester Street $2,895,000 Town Single Family 29B Brewster Road $2,750,000 Monomoy Single Family 122 Main Street $2,745,000 Town Single Family 144 Surfside Road $2,695,000 Surfside Single Family 52 Hummock Pond Road $2,500,000 Hummock Pond Single Family 12 South Valley Road $2,350,000 Shimmo Single Family 34A Fair # A $2,325,000 Town Condo 25 Pond View Drive $1,995,000 Miacomet Single Family 19 Bishops Rise $1,925,000 Dionis Single Family 43 Warrens Landing Road $1,895,000 Dionis Single Family 8 Parson Lane $1,895,000 Tom Nevers Single Family

4 Address Current List Price Town Type New & Return to 79 Burnell Street $1,850,000 Sconset Single Family 2 Mayhew Lane $1,795,000 Town Single Family 31 Brewster Road $1,695,000 Monomoy Single Family 49 New Street $1,695,000 Sconset Single Family 44 Sankaty Road $1,675,000 Sconset Single Family 3 Finback Lane $1,595,000 South of Town Single Family 11R #6 Crooked Lane $1,500,000 Cliff Land 4 Finback Lane $1,495,000 South of Town Single Family 31 Quidnet Road $1,495,000 Quidnet Land 4 Evergreen Way $1,495,000 Surfside Single Family 119 Surfside Road $1,395,000 Surfside Single Family 36 Skyline Drive $1,375,000 Surfside Single Family 20-5 Bishops Rise $1,350,000 Dionis Land 32 Pleasant Street $1,325,000 Town Single Family 3 Nonantum Avenue $1,275,000 Surfside Single Family 1 Gardner Court # C $1,245,000 Town Condo 15 Bank Street $1,200,000 Sconset Single Family 18 Lyons Lane $1,150,000 Tom Nevers Single Family 29 Lyons Lane $1,100,000 Tom Nevers Single Family 4 Madaket Road $1,050,000 Town Single Family 3 Joy Street (portion of) $999,000 Town Land 14 Goldfinch Drive $995,000 Naushop Single Family 12 Sconset Avenue $995,000 Sconset Single Family 11R #7 Crooked Lane $950,000 Cliff Land 11R #5 Crooked Lane $950,000 Cliff Land 15 Washington Avenue $899,000 Madaket Single Family 11R #4 Crooked Lane $895,000 Cliff Land 3 Falcon Court $885,000 Naushop Single Family 48 Meadow View Drive $875,000 Hummock Pond Single Family 11R #1 Crooked Lane $775,000 Cliff Single Family 10 East Dover Street $749,000 Town Single Family 2 Valley View Drive $715,000 Mid Island Single Family 11R #3 Crooked Lane $700,000 Cliff Land 2 Luff Road $695,000 Mid Island Single Family 25 Equator Drive $675,000 Mid Island Single Family 6 Hiawasse $595,000 Mid Island Land 26 Tashama Lane $579,000 Mid Island Single Family Lot 4 B Hooper Farm Road (P $495,000 Mid Island Single Family 1A Parker Lane $295,000 Mid Island Land Total Value of New Listings $136,471,000 Total # New Listings 62 5 Rosemary Way $395,000 Mid Island Land $395,000 Mid Island Land

5 $225,000 Mid Island Land If you have any questions, please don't hesistate to call a Windwalker agent directly. (508) Jennifer Shalley Director of Research & Broker

Windwalker Real Estate

2006 2007 Looking at 2007 by Reviewing 2006 Windwalker Real Estate Scout Real Estate Capital, LLC Nantucket s Special Fabric An Analysis of Nantucket s Land Appreciation Rates The Coming Boom in Second