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| ISLAND HAPPENINGS |
Antiques Show
American and English furniture, art, Oriental rugs, books, maritime antiques, folk art and Nantucket Memorabilia. Located at the Nantucket New School. 10 am- 5 pm- August 1st, 2nd and 3rd. |
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List of Exhibitors |
Top 3 Real Estate Sales 2008
$11,500,000 93 & 99 Eel Point Road
$8,800,000 21 Shimmo Pond Road
$8,600,000 71 Pocomo Road
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New Shoe Store on Centre Street
Il Sandalo, selling beautiful and unique handmade custom fit sandals, is now open. Il Sandelo is straight out of Italy with stores also in Palm Beach and the Hamptons. A family run business, they are a great addition to the island- you may seeing them riding their red Vespa's around town. |
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Web-site |
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| REAL ESTATE BUZZ |
Nantucket Sound Estate
One of the most coveted neighborhoods in the Cliff, this brand new 7 bedroom and 6.5 bath home and studio has sweeping 1st and 2nd floor water views of Nantucket Sound. Deeded beach access under 75 yards from property. Moor your boat, walk to the beach and just a short walk to Westmoor Club. $10,975,000
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| Photos and Description |
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| RENTAL BUZZ |
Cisco Beach House
Two weeks in August still available. Great five bedroom rental property. Large yard. Great kitchen and deck with stunning ocean views. You can hear the ocean from just about every room! |
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Interior Photos |
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| REAL ESTATE SUMMARY |
Your Title Here
What is happening with the real estate market?
The Nantucket real estate market continues to churn. Transaction volume is
down roughly 20%, but keep in mind that is down from a seasonally adjusted
dollar volume of $850M. Inventory is up to roughly 750 properties on the
market, from roughly 620 properties at this time last year. There is more
negotiating, as properties on average are selling for 83% of their asking
price, compared to 87% last year. Nantucket is typically the last one into
slowdowns and the first one out, so many are predicting that we have
bottomed. That being said, now is a great time for a Buyer to be shopping
in a Buyer's Market. |
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