Nantucket Blog
Real Estate Information
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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.
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Maury People Sotheby's International Realty is proud to be a Platinum Sponsor of this year's Swim Across America - Nantucket Island Open Water Swim. In addition to sponsorship, a number of our agents will once again participate as athletes with The Maury People Sotheby's International Realty team.
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While real estate inventory is still low on Nantucket April is showing some promise. 22 new listings have come of the market in the past 2 weeks, 9 of which are Maury People Sotheby's International Realty exclusive listings. Our new listings cover a wide range of properties including waterfront estates, land, new construction and historic homes in Town.
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As the first quarter of 2022 draws to a close low inventory continues to have a major impact on the Nantucket real estate market. At the end of Q1 2021 there were 142 listings on the market (down 50% from the previous year), there are currently 71 properties on the market (end of Q1).
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When: April 22 - 24, 2022
For over 45 years The Nantucket Daffodil Festival has been an island favorite and its highly anticipated return after a 2 year hiatus is a testament to that. The old favorites will return at the center of activities including the always popular classic-car parade followed by the Sconset tailgate picnic, Daffodil Flower Show and Daffy Events held at Children's Beach.
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Not long ago, planning a Nantucket summer vacation was relatively easy, with plenty of rentals to choose from. Renters could find good availability throughout the Spring and even into early summer. However, strong demand over the past couple of years has forced the need to plan much earlier. If you are still looking to book a rental for this summer, we suggest you don’t delay and book something now. While availability is limited there are still many great properties available.
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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.
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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.
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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.
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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.
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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.
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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.
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Real estate in downtown Nantucket, or Town for short, has always been in high demand and for good reason.
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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.
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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.
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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.
