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And The Beat Goes On…

“Now I don’t know but I was told in the heat of the sun a man died of cold” – GD

The Nantucket real estate market set another record – first time over $2bn in closed sales for a year and still have December to go! Between the historically low interest rates, the liquidity in markets and equity markets at all time highs, I see demand continuing to be voracious for the foreseeable future. The question is, will owners jump into the market and become sellers or will they be too worried that if they sell, they’ll get boxed out of Nantucket. Time will tell…

YTD closed as of December 10th in mm’s
2009$402Lowest total yearly volume.
2014$946$1bn+ year.
2017$985$1bn+ year.
2018$1,086$1bn+ year.
2019$937$1bn+ year.
2020$1,642$1bn+ year. Record year at $1.86bn.
2021$2,069$2bn+ year:-)