Nantucket Real Estate Updates
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J Pepper Frazier Company
NEW LISTINGSView All
Oct 7, 2020
Nantucket Real Estate
Miacomet
$950,000
Oct 6, 2020
Nantucket Real Estate
Cliff
$4,995,000
Oct 5, 2020
Nantucket Real Estate
Town
$3,200,000
Oct 5, 2020
Nantucket Real Estate
Mid Island
$725,000
RECENTLY SOLDView All
Oct 7, 2020
Nantucket Real Estate
Town
$2,500,000
Oct 7, 2020
Nantucket Real Estate
Nashaquisset
$1,275,000
Oct 6, 2020
Nantucket Real Estate
Surfside
$3,550,000
Oct 6, 2020
Nantucket Real Estate
Town
$1,650,000

GROUND NOTES FROM DALTON
Outdoor Showers and Fires
Labor Day came and went – still here. Anyone who is still here on Nantucket is in for the treat of Fall '20 – everything is open, get into restaurants, play on golf courses, the weather is warm during the day and cool at night, the fish are biting, the surfs up – overall epic.

The market remains strong. Within a week in June, the market went from spiraling down to catapulting up. Market is on pace to beat the record year by 30-40%. There are currently $623mm pending sales marked in the MLS. There are probably close to an equal amount not marked. And, it is only September. So, $670mm closed + $623mm marked pending + $623mm unmarked pending = $1,916mm. $2bn is in strike zone…

Year over year comparison of YTD total volume:

’09 – $193mm *Lowest total yearly volume.
’10 – $316mm
’11 – $305mm
’12 – $452mm
’13 – $401mm
’14 – $522mm *$1bn+ year.
’15 – $500mm
’16 – $594mm
’17 – $626mm *$1bn+ year.
’18 – $617mm *$1bn+ year. Highest total yearly volume.
’19 – $584mm *$1bn+ year.
’20 – $670mm


Getting close to time of year when we miss the outdoor shower, but welcome the fire.

LET'S MAKE IT HAPPEN WITH PEPPER II
There's No Place Like Home
There ain't no place like home, especially if you own a home on Nantucket.

We at JPFCO would like to thank the entire Nantucket community for making it happen this summer. Wow, that was awesome. It's all about teamwork in making it happen.

The other day we were doing a deal where both the buyer and seller had come to a stalemate on two items: a piece of furniture and the home inspection report, both relatively the same monetary value. The buyer would not budge on the home inspection and the seller would not budge on the piece of furniture.

Time to make it happen the JPFCO way! One broker took care of the home inspection and the other the furniture. The purchase and sale agreement was signed and we are scheduled to close. This is how we make it happen working together.
Learn More →
RENTAL MARKET UPDATE
Welcome Fall
Labor Day on Nantucket ushers in an exciting transition. Serving as the final act in our summer season production, the holiday weekend provides one last opportunity to soak up all things summer on the island, and concludes with a hint of what early fall will bring. This past Labor Day weekend was one for the books - and the postcards! With weather that rivaled some of summer's best days, Nantucket lived up to it's reputation as the ultimate summertime oasis.

Crystal clear, blue skies and low humidity made enjoying the island easy. Our famous beaches played host to one last seaside romp, while town entertained visitors under careful COVID-19 restrictions masterfully. Monday saw the safe return of summer guests and residents to their more permanent locations, but as we all know, a little bit of Nantucket sand in their shoes will ensure the island always feels like home.

Of course, we couldn't conclude a summer season without thanking all of our homeowners and tenants for coming out to our little island thirty miles out to sea. Although we began this summer with many uncertainties and hesitations, it was refreshing to find everyone working together to keep Nantucket safe and just as lovely as we've always known it to be.

Looking forward to the fall, if you are interested in extending your stay, experiencing the island during our famous fall season, or if you are already thinking ahead to next year, please contact us!

For rental inquiries head to www.jpfco.com for more information!
FEATURED LISTING
11 & 13 Finback Lane $3,195,000
Finback Lane, in the heart of Nantucket. This wonderful family home is recent new construction with community green space, pool and cabana. Custom built house abutting over 4 acres of conservation land with walking paths. This house is unique with high end appliances, open floor plan, finished basement, and family friendly living. Quality and comfort with many extra details including shiplap walls, crown molding, oak floors, marble countertops, and tiled baths. Centrally located with close proximity to Cisco Beach, Miacomet Golf and Bartlett Farm. Bring your toothbrush and enjoy all Nantucket has to offer. 11 Finback is the last remaining vacant lot with HDC approved plans for a 5 bedroom 5.5 bath house.
11 & 13 Finback Lane →
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One of the oldest and most experienced Nantucket real estate firms
JPFCO | 19 Centre Street Nantucket, MA 02554

Call Us: (508) 228-3202