Only One of Five Recent Nantucket Deed Transfers Shows a Recorded Price

NANTUCKET -- The Nantucket County Registry of Deeds recorded five property transfers between Sept. 11 and Oct. 10, but sale prices had posted for only one of them as of this report, limiting what can be said about the month's overall price trend.

MARKET OVERVIEW

Five sales were recorded during the period. Of those, only one carried a sale price in the registry data: $254,000. With just one priced transaction, the reported range and median, both $254,000, reflect that single sale rather than a broader market pattern. The other four transfers are listed with no consideration amount, which typically means the price has not yet reached the registry's data feed, a lag that usually clears within about a week. Based on count alone, five recorded transfers is a modest but not unusual volume; no comparison to prior months is available in this data set.

TOP SALES

The only transaction with a recorded price was a Nantucket property that sold for $254,000 on Sept. 11. Habitat for Humanity Nantucket Inc. was the seller; David Cunningham and Natasha Levens were the buyers. No street address, bed/bath count or square footage was included in the deed data for this sale.

The remaining four transfers, all recorded Sept. 11, do not yet have sale prices available

• 10 Field Avenue: seller Mortgage Electronic Registration Systems Inc., buyer Finance of America Reverse LLC.
• 3 Shady Lane: seller Wells Fargo Bank N.A., buyers George U. Carneal and Susan M. Carneal.
• 29 Walsh Street: sellers Bradley S. Brewster, trustee, and Jeanmarie Brewster, trustee. No buyer was listed in the available data.
• 7 Coffin Street: seller Michael A. Glowacki, trustee, of the Glowacki Revocable Trust. No buyer was listed in the available data.

Price information for these four properties was not yet available in the registry data as of this report.

NEIGHBORHOOD BREAKDOWN

The five transfers were spread across five separate streets or listings, Field Avenue, Shady Lane, Walsh Street, Coffin Street and one Nantucket property without a listed street address, with no street-level clustering evident in this period's data. By price tier, one sale falls under $500,000 (the $254,000 Habitat for Humanity transfer); the remaining four cannot yet be sorted into a tier because no price has posted.

MARKET NOTES

The recorded transfers show a mix of transaction types rather than a uniform pattern of owner-to-owner sales. One deed involved a nonprofit housing organization, Habitat for Humanity Nantucket Inc., as seller. Another reflects a transfer between Mortgage Electronic Registration Systems Inc. and Finance of America Reverse LLC, entities associated with mortgage servicing and reverse-mortgage administration rather than a typical homebuyer transaction. A third involved Wells Fargo Bank N.A. as seller to individual buyers. Two deeds, at Walsh Street and Coffin Street, listed sellers holding title as trustees, with no buyer named in the available data, consistent with a trust-related transfer. No bed, bath or square-footage data was available for any of the five properties, and no price-per-square-foot comparison can be made. Readers should expect updated pricing for the four pending transfers as registry data is finalized in the coming days.

Recorded Deeds

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

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