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Jan 10, 2025 |
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Wauwinet
$6,550,000 |
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Jan 9, 2025 |
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Tom Nevers
$3,195,000 |
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Jan 9, 2025 |
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Sconset
$5,550,000 |
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Jan 9, 2025 |
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Tuckernuck
$1,250,000 |
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Jan 7, 2025 |
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Cliff
$21,000,000 |
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Jan 7, 2025 |
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Naushop
$2,400,000 |
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GROUND NOTES FROM DALTON |
 | Mixed Bag | There's a mixed bag of indicators for the Nantucket real estate market, but for the most part, they point to another strong year. The main indicators that are trending opposite this are days on market (DOM), which is trending upwards, and number of transactions, which is more than last year, but less than the previous 11 years. The main indicator, median price, is up 16% year-over-year. What's interesting is median price is up and transactions are down, which makes me think there is pent up demand for the right property, but there is still a constraint on supply, therefore pushing values up. The headwinds of interest rates are strong, but I think the strength of the equity markets is stronger and '25 should be another healthy year. Keep in mind, every dollar made in the equity markets that's put into the real estate market, leveraged at 70%, gives the consumer an additional $2.33 of purchasing power on top of the dollar. Happy New Year!
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LET'S MAKE IT HAPPEN WITH PEPPER II |
 | New Year, New Deals | Well, 2024 was awesome and we're all super stoked for 2025!
JPFCO has a Buyer, who, like many clients, wants a good deal. Interestingly enough, this particular Buyer has no plans to use the house in the summer -- with that in mind, time to make it happen!
Team JPFCO reaches out to a few Sellers we think are up for wheeling and dealing; sure enough, we find a Seller willing to greatly reduce their asking price in exchange for use of the property over the next five summers. In the end, the Buyer gets their desired deal, while the Seller receives a nice chunk of change in addition to five more years of ACK summer fun to come!
Let's go, 2025!! | |
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RENTAL MARKET UPDATE |
 | Booking Your Nantucket Vacation Rental | It's never too early to secure the perfect rental property for your 2025 summer vacation! Take a look at the wide-range of vacation rentals we offer by visiting our easy-to-navigate website. Search through our expansive rental inventory using personalized filters specific to your needs, like pet-friendly homes, check-in day, length of stay, area of island, and more! With many properties already receiving inquiries, now is the time to reach out to your agent or call the office to book your favorite property on Nantucket.
Check out our top three tips for booking the perfect summer rental on Nantucket:
Timing
Understanding when to book your Nantucket summer rental is vital; beginning your search 9-12 months in advance is best, as Nantucket's rental market is very competitive. Your rental should be secured no less than six months before your preferred check-in date.
Location
While the island might be considered small at just 14 miles in length, it's divided into many appealing areas and neighborhoods, each with its own distinctive appeal. Having an idea of what you'd like to do and what you'd like to get out of your vacation will help when selecting a location.
Amenities
A key component of enjoying your island vacation is ensuring the property you book includes the amenities you're looking for to keep you comfortable. Finding a property with amenities that match your expectations is key.
Final Note
There are many different platforms available for booking your Nantucket Vacation, but working directly with an agent from our local family-owned firm offers a number of unbeatable advantages that you won't find elsewhere. Our agents facilitate the entire booking process, start to finish, while providing an unmatched level of personalized service. Not only do they offer direct communication before and during your stay, they're able to provide insight into a property's condition, letting you know whether it'll meet your expectations, and they may even be able to negotiate a better rate on your behalf.
At J Pepper Frazier Company, we're here for you; we believe that our decades of industry knowledge, deep island roots, and community connections put us in first place when it comes to helping our clients book the perfect Nantucket vacation. | |
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FEATURED SALES LISTING |
 | 2 Fawn Lane - $2,595,000 | Newly constructed on an oversized lot, 2 Fawn Lane is a 2,803 SF, 4-bed, 4.5-bath home with a private, heated in-ground pool with easy access to many popular south shore beaches and mid island amenities. Adorned with white cedar shingles, 2 Fawn Lane's open-concept, first-level layout features a kitchen, dining and living area, along with a guest suite and laundry room. Three bedroom en-suites, including the primary, are situated on the second floor. Professionally-landscaped, the outdoor area is comprised of several green spaces and offers plenty of privacy. The large basement is poured and ready to be finished.
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FOLLOW US ONLINE |
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