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JPFCO

JPFCO REAL ESTATE BUZZ

Jun 15, 2010       Issue: 161

J Pepper Frazier Company
Nantucket Harbor
 
 New Listings VIEW ALL

Jul 26, 2017

Cliff
$5,975,000

Jul 25, 2017

Town
$2,495,000

Jul 25, 2017

Town
$895,000

Jul 26, 2017

Middle Moors
$1,995,000
 
 Recently Sold VIEW ALL 

Jun 22, 2017

Mid Island
$930,000

Jun 26, 2017

Town
$5,585,000

Jun 26, 2017

Cliff
$2,450,000

Jun 16, 2017

South of Town
$325,250
 

ISLAND HAPPENINGS
Nantucket Film Festival

The 15th Annual Nantucket Film Festival starts June 13th and runs through June 20th. It was founded by local siblings Jill and Jonathan Burkhart. The Film Festivals mission is to promote the cultural awareness and appreciation of the art of screenwriting in the world of cinema. It is considered one of the premiere destination film festivals in the world. NFF utilizes island venues to include the Starlight Movie Theatre, Sconset Casino, The American Legion Hall, Nantucket High School, Coffin School, and the Rose & Crown. Those attending this year’s festival include Zach Galifianakis, Andy Samberg, Sarah Silverman, Ben Stiller, Brian Williams, Barry Levinson, David Guggenheim, Michael Arndt, Chris Matthews, Richard Corliss, and many more. Visitors come from all over to experience preview screenings, signature programs, and stand out hospitality on a magical island rich with history, a friendly atmosphere, and beautiful sandy beaches. For a full schedule of showings as well as ticket information please see the Nantucket Film Festival link.
  Nantucket Film Festival 
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REAL ESTATE BUZZ
  What are people buying?

Under Contract Properties: 31 listings currently have an accepted offer or executed P & S agreement. The average list price is $1.1MM. The average "Days on Market" for this group of properties is 203 days.

Recently Sold Properties: 8 listings have sold in the last week. The average sold price was $2.3MM. The highest priced sold property was 13 Squam Road; $12,750,000. The lowest priced sold property was 23A Park Circle for $362,500.
 
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RENTAL BUZZ
  Rental Reminders

Rental property updates can now be submitted to JPFCO on-line. Simply go to your property on the JPFCO website, under the rate information box there is text that says "Homeowners availability update form" the availability form is clickable and easy to use. Simply fill in the updates and click "submit form". We will take care of the rest.

Nantucket switched to digital TV service so many TV's will need a new cable box or an adapter that can must be obtained at the Comcast office on Monomoy Road. It is encouraged for all homeowners and/or caretakers to test each TV in each rental property to see if there is a problem. The sooner the better, the local Comcast office is anticipating June to be very busy with many island residences needing to get upgraded prior to the busy summer season.....
 
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NANTUCKET REAL ESTATE NEWSWIRE
 

NOTES FROM PEPPER THE ELDER
  Missing the Boat

I recently attended an art thingamabob. Trust me. It was a cameo appearance. I ran into a guy I've known for eons who has exhibited on Nantucket for at least 40 years. He told me that in the middle of last week he had the best financial day he's ever experienced. Now luxury items such as art are the last things to come out of a recession. I mean, would you like to own a Boston Whaler dealership? So? What's the point? The point is that Nantucket is different and relatively recession proof. Those that have waited and said Nantucket property is going lower have, once again, missed the boat. Some people never learn.
 
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One of the oldest and most experienced nantucket real estate
JPFCO | 19 Centre Street Nantucket, MA 02554

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