There are a few houses on ACK for sale, about 325 (including condos and excluding land) to be more specific. Is that a lot? Well, there are approximately 13,500 properties on Nantucket, so roughly 2.4% of houses on Nantucket are for sale. 2.4% does not sound like a lot, however, interestingly enough, 2.4% is above the national average. According to National Association of Realtors, there are approximately 1,978,000 houses (including condos) for sale and according to the US Census Bureau, there are approximately 132,312,404 housing units in the US. So, roughly 1.5% of houses in the US are for sale.
That’s interesting, but keep in mind most US houses are people’s primary houses and most Nantucket houses are people’s second+ houses. So, better comparisons would be the percentage of US second+ houses on the market compared to the percentage of Nantucket second+ house on the market and the same comparison for primary houses. If I were a betting man (haha), I would say Nantucket would have a lower percentage in both categories; once you have a piece of the Rock, you don’t want to let go…