A Comprehensive Real Estate Analysis by Jen Shalley Allen
508.228.4407 | 21 Main Street, Nantucket, MA | fishernantucket.com
2021 Year in Review ................................................................................................. 1 Nantucket Real Estate by the Numbers ....................................................... 2 Cumulative Sales & Transaction Volume .......................................................4 Sales Metrics & Projected Absorption ............................................................5 Single-Family Home Overview ..........................................................................6 Notable Metrics for the Residential Market .................................................8 Vacant Lot Sales Overview .............................................................................. 10 Commercial Property Sales Overview ...........................................................11 Topics Influencing the Nantucket Real Estate Market ..........................12
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2021 2019 YEAR IN REVIEW
Time…and money. Two factors that exert a tremendous amount of influence on the state of a vacation home market. And the very resources the Nantucket buyer demographic harnessed more of over the last 12 months. Whether it was more time granted by way of remote work, more time on the island because of its convenience over other travel, or the importance of family time that took centerstage, time -- and the financial resources to enjoy it -- were more abundant. The combination of these factors catapulted the island real estate market beyond every historic record, at a speed that most underestimated. And it wasn’t just the landscape of the island residential market that felt the impact. Nantucket’s commercial market also shifted in a dramatic way. The 2021 market harkened back to the 2004-2006 era but there were distinct, and important, differences. Over the next several pages, are many of the charts and graphs that we often utilize to concisely summarize the market. However, to fully grasp all that unfolded in 2021 requires a more detailed review of the commentary as the summary data doesn’t paint the full picture. For instance, a quick glance at the singlefamily overview table may lead one to believe that market appreciation was eight percent as reflected in the year-over-year rise in the median home sale value. We don’t think that mirrors what we witnessed on the ground. Take a look… Jen Shalley Allen
21 Main Street, Nantucket, Massachusetts | 508.228.4407 | fishernantucket.com
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TOP FIVE DOLLAR VOLUME MARKETS
2021 2020 2005 2018 2014 $0
$.5
$1
$1.5
$2
$2.5
$3
$ IN BILLIONS
2021 SALES BY PROPERTY TYPE SINGLE-FAMILY Dollar Volume: $1.79B Transaction Volume: 493 YOY Change: +12%, +4%
VACANT LAND Dollar Volume: $227M Transaction Volume: 134 YOY Change: +85%, +63%
18% 67%
CONDO/CO-OP/ MULTI-FAMILY
9%
Dollar Volume: $85M Transaction Volume: 66 YOY Change: 0%, +14%
5%
COMMERCIAL Dollar Volume: $216M Transaction Volume: 39 YOY Change: +418%, 144%
MONTHS ON MARKET BY PROPERTY TYPE
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SF HOMES
COMMERCIAL
VACANT LAND
CONDO/CO-OP/ MULTI-FAMILY
3.6
6.8
7.1
3.6
MONTHS
MONTHS
MONTHS
MONTHS
YEAR IN Numbers REVIEW 2019 2021 Nantucket Real2021 Estate by the
MEDIAN HOME SALE PRICE:
$3.0M $2.78 $2.55
$2.5M
$2.0M $1.92 $ IN MILLIONS
MEDIAN SELLING PRICE
SINGLE-FAMILY HOMES
$1.90
$1.5M
$1.86
$1.0M
$0.5M
$0.0M 2017
NANTUCKET BUYERS
MA NY CT FL NJ CA TX PA MD DC
# OF TRANSACTIONS
38% 12% 11% 7% 4% 4% 3% 2% 2% 2%
582 183 165 107 66 66 42 37 34 31
2019
2020
2021
NEIGHBORHOOD BREAKDOWN
TOP 10 STATES 2017-2021 % OF TOTAL
2018
YOY% CHANGE IN TRANSACTION VOLUME
Brant Point
89%
Pocomo
125%
Cisco
-15%
Polpis
-33%
0%
Quidnet
0%
Dionis
38%
Sconset
-7%
Hummock Pond
-41%
Shawkemo
-40%
Cliff
Madaket
9%
Shimmo
-75%
Miacomet
9%
Squam
-60%
Mid Island
51%
Surfside
36%
Tom Nevers
-10%
Middle Moors Monomoy
100% 0%
South of Town
Nashaquisset
60%
Town
Naushop
-22%
Wauwinet
21 Main Street, Nantucket, Massachusetts | 508.228.4407 | fishernantucket.com
290% 23% -73%
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Cumulative Real Estate Sales & Transaction Volume ANOTHER RECORD-SETTING YEAR LEAVES LITTLE INVENTORY FOR 2022
While the impact the pandemic would have on real estate was unclear in early 2020, it became abundantly clear throughout the last 18 months. Real estate markets across the country thrived. At first, the data was head-turning, but as pandemic life progressed, record figures became the new status quo. Experiencing one of the fieriest periods of activity, the Nantucket real estate market surged past one of many unprecedented milestones - the $2 billion mark - and left virtually no inventory in its wake.
discount. Many of these homes had been marketed for a while, some as many as three years. By the end of the second quarter and the beginning of the third, we saw property inventory peak while transaction volume continued to gain momentum. By the end of July, aggregate figures surpassed the $1 billion mark, and from August through December, monthly transaction and dollar volumes continued to reach historic highs. The only ingredient that seemed to keep the market at bay was insufficient supply.
We often discuss the cyclical nature of our seasonal island, noting the slower cadence of the first quarter in comparison to the rest. While that still rang true in 2021, first quarter activity was nearly double the transaction volume of the prior year’s first quarter, signaling where the market would head. At that time, inventory was historically low but still sufficient enough for buyers to secure properties for what we now perceive as a
All told, the 2021 real estate market tallied $2.3 billion in sales through 732 transactions, a respective increase of 25 percent and 16 percent from 2020 and dramatically higher than any previous market. Now let’s look at the finer details…
TOTAL DOLLAR & TRANSACTION VOLUME*
700
$2,000,000 $1,800,000
600 $1,600,000 500
IN $000S
$1,400,000 $1,200,000
400
$1,000,000 300
$800,000 $600,000
200
$400,000 100
$200,000 0 2006
2007
2008
1st Quarter ($)
2009
2010
2011
2nd Quarter ($)
2012
2013
2014
2015
3rd Quarter ($)
2016
2017
2018
4rd Quarter ($)
2019
2020
2021
Total
* Data excludes foreclosure sales and non-market transactions such as affordable/covenant home sales.
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0
2021 2019 YEAR IN REVIEW SALES DISCOUNTS & INVENTORY ABSORPTION PROJECTED MONTHS ON MARKET
SALES PRICE AS A % OF ORIGINAL & LAST LIST PRICES, ASSESSED VALUE
35.00 - 150% 30.00
- 130%
25.00
20.00
- 110%
15.00 - 90% 10.00 - 70% 500
0
2006
2007
2008
2009
2010
Absorption - Projected Months on Market
2011
2012
2013
2014
2015
Sale Price / Last List Price
2016
2017
2018
2019
Sale Price / Original List Price
2020
2021
- 50%
Sale Price / AV
Sales Metrics & Projected Absorption A PICTURE PAINTS A THOUSAND WORDS
From a broad perspective, the 2021 Nantucket real estate market most closely approximated the 2006 market, at least from sales price ratios and the average sales price as a percentage of the Town’s assessed value. The average sales price as a percentage of the original listing price and the last asking price narrowed to 94 percent and 96 percent respectively in 2021. However, these discounts were not truly reflective of where the market drifted by year’s end. Several outliers early in the year (where properties had been marketed for multiple years and sold for more significant discounts) overshadowed what effectively materialized into a market that required full-price or materially above full-price offers for a buyer to secure a property.
The distinguishing factor about the 2021 market as compared to all other markets is how greatly it varied in terms of projected absorption. This estimated time to clear remaining for-sale property was just two months by the end of the year, the fastest since 2005 when it was five months. Other than a significant external economic event, available inventory is the primary component that would need to change to see a shift in the course of the market.
The average sale price to the Town’s assessed property value rose to 157 percent, illustrating just how quickly market prices had shifted over the last two years. (Fiscal Year assessed values are assigned using sales data that occurred during the calendar year two years prior). The last time the market saw a metric this high was in 2006 when sale prices averaged 152 percent of the assessed value at the time. 21 Main Street, Nantucket, Massachusetts | 508.228.4407 | fishernantucket.com
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SINGLE-FAMILY HOME SALES YEAR-TO-YEAR COMPARISON SINGLE-FAMILY HOMES
2021
2020
% CHANGE
5-YEAR AVG.
% CHANGE
495
475
4%
384
29%
$1,793,811
$1,600,378
12%
$1,188,825
51%
Median Sale Price ($000’s)
$2,775
$2,550
9%
$2,200
26%
Average Months on Market
3.5
7.3
-52%
6.0
-42%
Sale Price / Original List Price
94%
91%
3
90%
4
Sale Price / Most Recent List Price
96%
94%
2
94%
2
52
141
-63%
169
-69%
Transaction Volume Dollar Volume ($000’s)
Year-End Inventory
*All sales data is as of December 31 and excludes condominiums, foreclosures, affordable home sales and timeshare sales. Sources: LINK Nantucket, Nantucket Land Bank, MA Registry of Deeds
Single-Family Home Overview DÉJÀ VU: SURGE IN DEMAND SPURS VALUES AND DEPLETES INVENTORY
Prior to March 2020, single-family home transaction volume was trending downward. That dynamic changed swiftly with quarantine life in mid-2020. And in 2021, total home sales jumped to just shy of 500 transactions while total dollar volume soared to approximately $1.8 billion. These figures outpaced the five-year average by nearly 30 percent and 50 percent. With such a dramatic shift in buyer demand, one would expect to see a significant increase in property values, and at first, we did. Average and median home sale prices rocketed to respective 30 and 37 percent increases between 2019 and 2020, thanks in large part to the notable boost in transaction activity above $5 million. However, despite all other sales metrics pointing to a market that was just as fiery as that of 2020, the average and median home sale values only rose nine percent from the year prior. So, we thought we’d look at another measure of market appreciation: same home resales where no significant property alteration took place between transactions. Of the 37 same home transaction sales we reviewed in 2021, annualized appreciation rates ranged from 0 percent to 48 percent with an average of 11 percent. The length of time between sales ranged from six months to 11 years. Once we isolated these resales to properties that sold twice within the last 12-to-18-months, the
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average appreciation rate was 33 percent. Granted, the sample size is very small, but this level of appreciation seems to better match what happened to property values between 2020 and 2021. So how do we reconcile the difference between the eight percent reflected in the median home sale value and the 33 percent in the universe of same home resales?
2021 2019 YEAR IN REVIEW
Single-Family Home Sales by Price Point NOTABLE RISE IN HIGH-END HOME SALES 2020-2021
In 2021, the number of sales above $5 million was identical to 2020. The market simply didn’t witness the same pronounced movement in sales by price point as it did just one year earlier. This wasn’t driven by a lack of demand so much as the lack of supply. Average inventory levels for high-end homes ($5M+) declined by nearly 50 percent from 2020 which more than likely led to downward pressure on what transaction volume might have looked like in this space had there been more supply. Therefore, the year-to-year change in median home sale value doesn’t fully reflect what happened to Nantucket property values over the course of the last 12 months. We likely need to blend the data from same home resales and average and median home sale values to better approximate property valuation changes. An illustration of the general direction of property values is evident in the bar chart on this page. Due to dwindling supply, there was a very steady decline in property sales under $1 million since the 87 transactions in 2015 to the 20 transactions in 2021. At the same time, there was a notable jump in all higher-end price points above $2 million since the pandemic began. Digging further into these upper-end-of-the-market transactions, 2021 saw twice the volume of $10 million and $20 million sales than 2020 even though the total number of transactions above $5 million was the same between the two years. There was a remarkable amount of money chasing limited supply.
SALES BY PRICE POINT 500 22
450
9 22
9 15 19
33
400
43 39
350 67
300 Number of Records
One of the primary drivers of value in the 37 percent increase in the 2020 median home sale value was the increase in home sales above $5 million. These transactions increased to the tune of 177 percent from the year before, and a significant shift in the distribution of sales by price point materialized, which resulted in a surge in the median home sale value versus 2019 figures.
4 15
9 20
23
30
250
8 16 35
82
15 15 26
11 18 36
58 54
200
For years, our team has discussed the pent-up demand in the high-end and ultra-high-end of the market. The consensus is that the number of transactions in this space is likely artificially low because property inventory isn’t often available. Most of the time, buyers in the $10M+ range are required to build what they want by acquiring land or undertaking a significant renovation project, rendering transactions in the ultra-high-end of the market lower than what would be reflected with better finished inventory (even pre-2020). 21 Main Street, Nantucket, Massachusetts | 508.228.4407 | fishernantucket.com
150
116 71
110
100
0
119
55
123
50
72
87
2015
70
2016
109
57
2017
125
117
133
44
45
34
2018
2019
2020
143
20
2021
$1M
$3M - $4M
$6M - $7M
$9M - $10M
$1M - $2M
$4M - $5M
$7M - $8M
>$10M
$2M - $3M
$5M - $6M
$8M - $9M
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NOTABLE METRICS FOR THE 2021 NANTUCKET RESIDENTIAL MARKET
2,645
12%
8
Longest days on market for a 2021 sale
48%
Highest annualized return on a home resale between ‘20 & ‘21
89%
YOY increase in Brant Point transactions
Average annualized return of all same home resales between ‘20 & ‘21
27
137
56
$32.5M
Finished speculative homes sold
Full-price transactions
Above-full price transactions
Highest residential sale
150
1.2X
$5.85M
13
Privately negotiated transactions
YOY growth in $10M $20M sales
Average home sale price in Monomoy
Average months on market for Polpis sales
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2021 2019 YEAR IN REVIEW
1 Number of available homes less than $1 million by 12/31/21
-82% Decline in home inventory between $1 million and $2 million
) AFFORDABLE HOUSING INITIATIVES Owning a home on Nantucket is a wonderful opportunity for many reasons, with quality of life surely at the top of the list. Unfortunately, homeownership is an unattainable dream for many year-round residents due to constricted supply and incredibly high demand. Prices are often driven out of reach for so many, and it’s an issue that affects our entire island, as everyone from government and essential workers to those whose businesses make our island so very successful and special is impacted. Since 2014, I have made sure to move beyond passively recognizing this as a problem. As the current Chair of Nantucket’s Affordable Housing Trust, I work tirelessly alongside other members of the board and our community to create programs and opportunities to help ease the burdens of underhoused Nantucketers. To learn more visit ack.fish/affordablehousing.
Brian Sullivan, Principal Broker
) SHORT TERM RENTAL UPDATE The debate about the definition and regulation of short-term rentals (STR’s) continues. Nantucket’s annual town meeting is scheduled for May 2, 2022, and there are presently six proposed articles that could shape local By-Laws. These include everything from regulating the number of STR’s and where they can and can’t occur, to establishing a maximum number of days available for STR’s and creating a department for the registration and management of the STR properties. It’s a hot topic for many reasons and one that is worthy of everyone’s attention. Visit ack.fish/shortterm for a link to the various resources to get you up to speed on this important topic.
21 Main Street, Nantucket, Massachusetts | 508.228.4407 | fishernantucket.com
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Vacant Lot Sales Overview ARE THEY MAKING MORE?
A little tongue in cheek here but whoever keeps saying “they aren’t making any more” may want to look at 2021 sales activity. For the second year in a row, vacant land sales enjoyed a very solid year thanks not only to several higher end land sales but also the sheer volume of transactions. Through the twelve months ending December 31, 2021, vacant land sales measured 134 transactions totaling $227 million, a respective increase of 63 percent and 85 percent from 2020, which was a stellar year itself relative to prior years. A notable trend that we saw developing over the last couple of years, and detailed in last year’s report, is the uptick in the number of pre-construction sales, or lot sales with a corresponding construction contract. While this is not a new transaction type to our market, it certainly wasn’t one that we saw much of until the
recent combination of limited inventory, high demand and development merged to become a powerful component of our market. Like 2020, 2021 saw at least 17 lot sales with construction contracts. These transaction types aren’t always readily transparent in MLS data, so this total could be even higher. Suffice it to say, it’s markedly higher than what we saw just a few years ago when buyers would often wait until the project was complete prior to purchasing the property.
$1,650,000. Reviewing the market forces in the Cannonbury Lane Development also sheds light on the appreciation of raw land over the last 12 to 18 months. When the neighborhood was first marketed in mid-2020, a buyer could secure a halfacre lot for $950,000. By October 2021, the price was $1,650,000 and rising. This points to an annualized appreciation rate of 50 percent. Of course, appreciation rates within a new subdivision are often inherently faster than that of a resale of an existing home in an established neighborhood, particularly at the outset. Nonetheless, the change in value that’s taken place seems to substantiate the theory that the year-over-year change in the median home sale value doesn’t quite capture the full picture of recent property value appreciation.
While several of the land sales satisfy buyer demand in the upper echelons of the market (i.e., the lot price alone is $5M+), many were for the lower and middle portions of the market. Sandpiper Place, off Old South Road, accounted for 17 of the 134 transactions with sales prices between $335,000 and $500,000, while Cannonbury Lane in ‘Sconset accounted for 15 transactions with lot prices up to
VACANT LAND SALES YEAR-TO-YEAR COMPARISON VACANT LAND SALES
2020
% CHANGE
5-YEAR AVG.
% CHANGE
134
82
63%
82
63%
$226,864
$122,920
85%
$123,604
84%
Median Sale Price ($000’s)
$1,210
$1,010
20%
$1,004
21%
Average Months on Market
7.1
5.2
37%
6.8
4%
Sale Price/Original List Price
96%
93%
3
91%
5
Sale Price/Most Recent List Price
97%
95%
2
94%
3
5
36
-86%
38
-87%
Transaction Volume Dollar Volume ($000’s)
Year-End Inventory
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2021
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2021 2019 YEAR IN REVIEW
COMMERCIAL PROPERTY SALES YEAR-TO-YEAR COMPARISON COMMERCIAL PROPERTY SALES
2021
2020
% CHANGE
5-YEAR AVG.
% CHANGE
39
16
59%
19
51%
$215,718
$41,613
418%
$75,720
185%
$2,597
$2,350
11%
$2,169
16%
6.8
8.1
-16%
6.9
-1%
Sale Price / Original List Price
89%
89%
0
91%
-2
Sale Price / Most Recent List Price
91%
91%
0
93%
-2
5
19
-280%
13
-160%
Transaction Volume Dollar Volume ($000’s) Median Sales Price ($000’s) Average Months on Market
Year-End Inventory
Commercial Property Sales Overview BIG YEAR FOR NANTUCKET’S COMMERCIAL MARKET
After a relatively solid year in 2019, and then a dip amidst the uncertainty of the 2020 landscape, commercial sales activity was tremendous in 2021. This segment of the island market typically sees anywhere from 13-20 transactions per year with an average total dollar volume of $27 million. In 2021, there were 39 transactions totaling an impressive $216 million, the highest dollar volume ever recorded. Total dollar volume increased 418 percent from 2020 thanks in large part to the $38.5 million portfolio resale of the Roberts House Collection, which included four historic manor houses, or bed and breakfasts that were mid-renovation by the Blue Flag Development company. (We say “re-sale” as this portfolio of properties initially transacted in 2019.) Other notable transactions included the $38 million sale of the Beachside Hotel in Brant Point (also purchased by Blue Flag) and the $29 million sale of the Nantucket Inn by the airport. And these were just the biggest ticket items. Another seven transactions between $4 million and $13.3 million aided in buoying dollar volume.
next generation of commercial operators. Among them include the sale of the building that housed Annye’s Whole Foods to the budding local grocery initiative Pip & Anchor, and the sale of the Trading Post along 12 Nobadeer Farm Road. One thing is very clear: there is a high degree of confidence in the future of Nantucket’s industry. And if you didn’t get it in 2021, you may have to wait a while. As of December 31, 2021, there were five commercial properties listed for sale as compared to the 19 listed one year ago. Much like available residential or vacant land properties, it’s become slim pickings on the inventory front.
While many of the 2021 commercial transactions reflect a transition in the high-end hospitality sector (the sale of the Beachside Hotel; sale of a B&B along North Beach Street for a new beach club concept; 56 Union to the Great Harbor Yacht Club), many others were simply a passing of the torch to the
21 Main Street, Nantucket, Massachusetts | 508.228.4407 | fishernantucket.com
11
TOPICS INFLUENCING THE
NANTUCKET REAL ESTATE MARKET
) MEASURING A PROPERTY’S POTENTIAL Trading property on Nantucket may pose unique valuation challenges for both a seller and a buyer, particularly when a property has certain characteristics that may impact its ultimate value due to restrictions on expansion, wetlands, septic capacity, or other traits that are intertwined with local regulations and restrictions. A comprehensive understanding of a property’s potential and/or limitations will not only better frame a property’s value, but it will start the design and building process off on the right foot. There’s no better money spent than engaging a team of experts, particularly a civil engineer, to answer some of the most complicated nuances of island properties. An engineer offers a broad scope of services, from a simple as-built plan showing the placement of buildings on a lot as they relate to lot boundaries; to wetlands determinations, endangered species surveys, and septic system plans. Lara Hanson, Sales & Rental Broker
) UNDERSTANDING WETLAND IMPLICATIONS When you fall in love with a property on Nantucket, the last thing you might think about is the regulations that may constrain its potential. Having some understanding of wetlands, protected species and the Conservation Commission (ConCom) can be tremendously helpful in understanding the ability to build or expand a property. While a civil engineer’s study will confirm specifics, in general, 100 feet away from wetlands is the rule of thumb for where building can take place without much need for special approvals. Depending on the circumstance, it is possible to apply to ConCom for permission to build/expand between the 50-foot and 100-foot lines. If there are structures pre-existing between 0 feet and 50 feet, you may repair or replace them, but you often cannot expand them or change them significantly. Liza Hatton, Sales & Rental Agent
) NAVIGATING POOL REGULATIONS The popularity of residential pools on Nantucket has sky-rocketed over the past couple years. The lack of a pool or the inability to add a pool is often a deal breaker for both renters and prospective buyers. Pools increase rental rates dramatically and private pools have arguably enhanced quarantine life, so there is no wonder why pools have become so popular. Due to the increased demand, coupled with the divisive opinions on the hot topic, there have been some recent bylaw amendments which have been adopted to further regulate the approval of residential pools. Every year it seems that more restrictive measures are brought to the table and are voted on during Town Meeting -- the topic is not going away. There are a few different governing parties that are involved in the approval process and they each have their own set of conditions that need to be met for a pool to be approved.
Spencer Heydt, Sales & Rental Agent
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2021 2019 YEAR IN REVIEW ) CRYPTOCURRENCY TRANSACTIONS? One of the first cryptocurrency-based property transactions was documented in the US in 2017. In April 2021, a Miami home sold for the equivalent of $22.5 million and the Florida market appears to be leading the way in listing prices based on non-fungible tokens (NFT). While NFT-based transactions are not yet a predominant force on the island, we anticipate high-end markets like Nantucket could see broader adoption sooner than we may all think based on developing trends. In fact, cryptocurrency tokens have been used as collateral on loans for Nantucket real estate purchases so it’s likely just a matter of time before NFT-based transactions become more mainstream. Or perhaps it’ll become another way to differentiate offers in a competitive market… If you are interested in learning more about how smart contracts, blockchain and cryptocurrencies could influence the Nantucket market, keep watching the Fisher blog for my series. J. Brent Tartamella, Sales & Rental Agent
) THE DOMINO EFFECT IN BRANT POINT The Domino effect is when one event initiates a succession of similar events. This is an effect that we see all the time in Nantucket Real Estate. There will be a handful of like kind homes on the market for weeks, months or, in some cases, years. The perceived lack of demand decreases the urgency from all buyers, until the signature home or two go under contract and then there is often a feeding frenzy that occurs for properties that have otherwise had relatively little activity. Enter Easton Street into the conversation. In my opinion, we have one of the most interesting narratives of the 2021 market… Cam Gammill, Principal Broker
TO LEARN MORE ABOUT THE VARIOUS TOPICS THAT INFLUENCE THE ISLAND’S MARKET SCAN THE QR CODE OR VISIT: ACK.FISH/CURRENTTOPICS 21 Main Street, Nantucket, Massachusetts | 508.228.4407 | fishernantucket.com
) RISING SEA LEVELS & RESOURCES TO PROTECT YOUR PROPERTY Nantucket is an island 30 miles off the coast of Cape Cod, which means climate change, rising sea levels, and erosion effect our community regularly. As local real estate professionals, our clients often ask about these factors and how they will impact properties on-island. These questions prompted us to create a blog filled with important resources to arm our clients, friends, and community members with facts about rising sea levels and erosion. For homeowners and future buyers, it’s important to know your risk and arm yourself with the proper tools to protect your property. It’s also important to follow and support local organizations fighting for coastal resilience. Envision Resilience Nantucket is one of these important groups. Sarah Holmes, Sales & Rental Agent
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21 Main Street, Nantucket, MA 02554 508.228.4407 | fishernantucket.com
Brian Sullivan Jen Allen Cam Gammill Joelle Bouchard Lara Hanson Liza Hatton Spencer Heydt Sarah Holmes Cait Kappler Marleah Lydon Danno Lynch Gina O’Callaghan J. Brent Tartamella Gaelan Truyman Erin Wilson Quinn Veysey
At Fisher Real Estate, we know that buying or selling a Nantucket property is a significant decision. We are dedicated to delivering the most accurate market data
The Benchmark for Nantucket Real Estate Information
and the most thoughtful market insights. We know that while everyone has access to sales information, not everyone has the ability to help you understand how it may impact you. Call on us or join our insights mailing list to learn more. - Your Fisher Team
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