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JPFCO

Nantucket Real Estate Updates

May 1, 2014       Issue: 276

J Pepper Frazier Company
Nantucket House Moving
 
 New Listings VIEW ALL

Jul 26, 2017

Cliff
$5,975,000

Jul 26, 2017

Town
$4,945,000

Jul 25, 2017

Town
$2,495,000

Jul 25, 2017

Town
$895,000
 
 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
 

GROUND NOTES FROM DALTON
  Ride the Wave to Nantucket

During the off season on Nantucket, I keep up with how the real estate markets are doing in certain counties, like Suffolk County (Boston), Fairfield County (Greenwich, New Canaan), Westchester County (Bedford, Rye) and New York County (Manhattan). Traditionally, if those areas have had a strong winter/spring, Nantucket will have a strong summer/fall. The reports are bullish - those markets are hot. Considering the Nantucket market is already doing well, should be a busy summer. Here are a few stats. to ponder as you dream of riding the wave to Nantucket.

May 1st.
2009
602 houses on the market 18 under agreement or 2.9% of all listings.

2010
590 houses on the market 32 under agreement or 5.2% of all listings.

2011
512 houses on the market 45 under agreement or 8.1% of all listings.

2012
483 houses on the market 46 under agreement or 8.7% of all listings.

2013
371 houses on the market 64 under agreement or 14.7% of all listings.

2014
294 houses on the market 67 under agreement or 18.6% of all listings.

Seems like the swell is building...
 
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RENTAL MARKET UPDATE
  Do We Have All Your Info???

The 2014 rental season is fast approaching! Restaurants and shops are opening their doors and the daffodils are in full bloom! At this time of year we would like to ask our homeowners to take a moment to look at their property on our website and make sure all the house information is correct and up to date. We would also like to ask if you could please keep us informed on the following information:


• Distance your house is to Town
• Distance your house is to the Beach
• Caretaker name & phone #
• Cleaner name & phone #
• How many cleaning hours are included in your rental rate
• Plumber name & phone #
• Lawncare name & phone #
• Electrician name & phone #
• Trash company name & phone # and days of pick-up
• Appliance repair name & phone #

In order to make this process as easy as possible please click on the link below, fill in your address, fill out the House Care Information section and submit. As always, thank you for listing your rental property with JPFCO and we will do our best to fill your vacant weeks.
    Update my Property  
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FEATURED LISTING
61 Surfside $599,000

Five bedroom centrally located house with a very strong rental history. Located close to Surfside beach and central island amenities. This property is zoned RC2M (2-FAMILY). The property was recently renovated and is being offered vacant. This is a must see property.
  61 Surfside Road 
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NANTUCKET REAL ESTATE NEWSWIRE
» Nantucket Film Fest Announces Line Up
» McSteamy & Bisset Filming Movie on Nantucket
» Celebrating Daffodils
» Nantucket Music Festival Challenges
 

NOTES FROM PEPPER THE ELDER
  Redford

Apropos of nothing. I've never considered Robert Redford a great actor, although he does have presence; however, three of my all-time favorite movies, The Sting, The Chase, and Butch Cassidy all starred Redford. Of course he did have the benefit of Paul Newman and Robert Shaw in The Sting, Brando and E.G. Marshall in The Chase and Newman and Katherine Ross (whatever happened to her?) in Butch Cassidy. He had no supporting cast of note in Havana, which I thoroughly enjoyed. Did I say apropos of nothing?

We're off to Harbour Island, Eleuthera, in a couple of weeks. We haven't been there in years and back then it was kind of a dump, but I understand Chris Blackwell (He of U.K. record fame) came in and really spruced up the place. Blackwell does this all over the world, as does Richard Branson (He of U.K. record fame). In fact, Branson has two full time employees whose job is to fly all over the world looking for cool spots that Sir Richard can develop into boutique resorts. Now that's a job I would take. If you ever wanted evidence that the U.S. economy and Nantucket real estate don't go hand in hand, just look out the window.

Coming up: The Eleuthera Report.
 
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