UNDERSTANDING THE MARKET From the turn of the last century Nantucket has been a popular place to vacation and own a second home. Since the 1960’s Nantucket has developed into one of the premier second home markets in America. As the island’s popularity increased, a few forward thinking individuals started the Nantucket Conservation Foundation, whose sole purpose was to obtain land to preserve forever. Today, the NCF and other local (Nantucket Land Bank) and national organizations own almost 50% on the island
As popularity for Nantucket has not diminished over the years, this coupling of intense conservation efforts and steady demand has created one of the most stable real estate markets imaginable. Since the early 1960s Nantucket has seen only one real downturn. In the late 1980s, a deep national recession coupled with the Savings and Loan crisis lead to tough market conditions. Since then, beginning in earnest in 1992, Nantucket has had a very strong real estate market, characterized by good demand and a stable inventory.
If you are unfamiliar with our island, our web site has a host of information on the Local Color page. Our personal insights along with helpful links to other island websites will give you a foundation of information about Nantucket.
The Sanford Real Estate agents make Nantucket their home. We have lived here a long time and are actively involved in both non-profit and local government. As a result we have a wealth of personal knowledge that will assist you in the decision process.
WHAT IS FOR SALE ON THE ISLAND? The Nantucket market for homes begins at $500,000 for a condominium and runs to $23,000,000 for waterfront estates. We have every product, from multi-family condominiums, to beach cottages, to historic homes, to contemporary residences. Our site is connected to LINK:Nantucket, our multiple listing service. You can register with one of our agents to view all that is for sale on the island. We are happy to set up showings for any property you are interested in.
Nantucket Multiple Listing Service
To access a complete listing of every property for sale on Nantucket, click here |
HOW ARE YOU REPRESENTED AS A BUYER? In the Commonwealth of Massachusetts all Real Estate agents are required to disclose to Sellers and Buyers their agency affiliation. Sanford Real Estate will be your representative as a Buyer. You may download the Mandatory State Disclosure Form that we will present you with as you begin the process of selling your property. A Sanford Real Estate agent will discuss the form with you so you are clear about agency relationships.
Sample Form Downloads
For a look at Disclosure and Dual Agency Forms download .pdf samples. |
State Disclosure Form |
Dual Agency Form |
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Please contact us with any additional questions you may have concerning buying a
property for sale.
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