Only one of eight Nantucket sales this period discloses a price

NANTUCKET -- Nantucket's Registry of Deeds recorded eight property transfers between July 3 and August 1, but only one carried a disclosed sale price, limiting what can be said about where the island's market stands this period.

MARKET OVERVIEW Eight sales were recorded during the period. Of those, only one -- 61 Fair Street, at $5,046,300 -- included a disclosed consideration amount. The remaining seven were recorded without a sale price, which is common for certain deed types, including trust transfers, estate transfers, and municipal acquisitions. Because only one of eight transactions disclosed a price, a meaningful price range or median cannot be calculated for the period as a whole; the single disclosed figure, $5,046,300, is not representative of overall market pricing. Sales volume alone -- eight recorded transfers in a four-week span -- does not indicate whether the period was active or quiet without comparable prior-period counts.

TOP SALES 61 Fair Street sold for $5,046,300 on July 6, the only transaction in this period with a disclosed price. The seller was Jacob Henry Korngold, as trustee of the Jacob Henry Korngold Revocable Trust; the buyer of record was Mortgage Electronic Registration Systems Inc. Bed, bath, and square-footage data were not available from the deed record.

The remaining seven transfers recorded during the period did not disclose a sale price and cannot be ranked by value. They included: a property sold July 7 by ACK Move Nominee Trust and trustee James B. Connolly; 19 Folger Avenue Lot 2, sold July 7 by Karlton A. Phillips, as trustee of the Karlton A. Phillips Revocable Trust, to Nantucket Town Planning; 6 Bittersweet Lane, sold July 7 by trustee Marianne Giffin Stanton to Nantucket Town; 14 Lewis Court, sold July 7 by James B. Connolly and ACK Move Nominee Trust to Nantucket Town; 17 Old South Road, sold July 6 by Cape Cod Five Cents Savings Bank to OSR LLC; 32 Appleton Road, sold July 6 by Cape Cod Five Cents Savings Bank to Bharat Banjara and Parmila Banjara; and 33 Pine Street Lot 2, sold July 6 by Weston D. Burnett and the Suzanne Taylor Trust.

NEIGHBORHOOD BREAKDOWN No street name appears more than once among the eight addresses recorded this period, so no single-street cluster emerged. By price tier: one sale, 61 Fair Street, is confirmed above $1 million at $5,046,300. The price tier for the remaining seven sales cannot be determined, since none disclosed a consideration amount.

MARKET NOTES Two entities were common sellers across multiple transactions. Cape Cod Five Cents Savings Bank was the seller of record on two properties, 17 Old South Road and 32 Appleton Road, both recorded July 6. Separately, James B. Connolly and the ACK Move Nominee Trust appear as sellers on two transfers recorded July 7, one without a listed address and one at 14 Lewis Court. Nantucket Town or Nantucket Town Planning was the buyer of record on three of the eight transfers recorded July 7 -- 19 Folger Avenue Lot 2, 6 Bittersweet Lane, and 14 Lewis Court -- each involving a trust as seller. No square-footage data was available in any deed record this period, so price-per-square-foot comparisons could not be made. The dataset does not indicate property type (single-family, condominium, or multi-family) for any of the eight transfers.

Recorded Deeds

Source: Registry of Deeds. Sale amounts shown as recorded; transfers without a disclosed consideration are noted as such.

Jul 6 - Jul 12

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.