Two Disclosed Nantucket Sales Bracket $637,325 to $915,000 in August

NANTUCKET -- The Nantucket County Registry of Deeds recorded 12 property transfers between Aug. 14 and Sept. 12, but only two of those deeds listed a sale price, leaving most of the month's real estate activity undocumented in dollar terms.

MARKET OVERVIEW

Twelve deeds were recorded during the period, but sale prices were disclosed on only two of them, both filed Aug. 17. Those two prices ranged from $637,325 to $915,000, with a median of $776,162. Because only 2 of 12 transactions carried a disclosed price, this range and median describe a small slice of the month's activity rather than the full market, and the raw count of 12 filings does not, by itself, indicate whether the period was more or less active than usual without a comparative baseline.

TOP SALES

5 Delaney Road (Plat Book 19, Page 34) sold for $915,000 on Aug. 17. The seller was Katie Bedell; the buyer was Watertown Savings Bank.

13 Trotters Lane sold for $637,325 on Aug. 17. The seller was Tracy A. Mailloux; the buyer was Mortgage Electronic Registration Systems Inc.

No other sale price was disclosed among the remaining 10 recorded deeds, so no further transactions can be ranked by price for this period.

NEIGHBORHOOD BREAKDOWN

Delaney Road was the only street to appear more than once in the period's filings: 5 Delaney Road was recorded twice on Aug. 17, once with the $915,000 sale to Watertown Savings Bank noted above and once in a separate filing from the same seller, Katie Bedell, with no buyer or price listed. All other recorded addresses, including 13 Trotters Lane, 6 New Hummock Circle, 6 Grove Lane, 2 Bittersweet Lane, 7 Catherine Lane, 7 Mill Street, 6 Atlantic Avenue, 6 Sleepy Hollow Road and 5 Orange Street, were on distinct streets, so no other geographic cluster emerged. By price tier, the two disclosed sales both fall in the $500,000-to-$1 million range; the price tier of the remaining 10 transactions cannot be determined from the available data.

MARKET NOTES

Lending institutions appear on both sides of several transactions this period. Watertown Savings Bank, Mortgage Electronic Registration Systems Inc., Hingham Institution for Savings, BankNewport and JPMorgan Chase Bank N.A. each appear as a buyer or seller across five of the 12 filings, a pattern visible in the deed records though the underlying reason for each is not stated in the data. Nantucket Town or Nantucket Town Conservation appears in four of the 12 filings: the town's conservation program was listed as buyer for 6 New Hummock Circle and 6 Grove Lane, and Nantucket Town was listed as seller for 6 Sleepy Hollow Road and 5 Orange Street. Two filings involved trusts, at 7 Catherine Lane (Tobey R. Leske Family Trust) and 7 Mill Street (buyers listed as trustees), and one filing, for 6 Atlantic Avenue, listed an estate (Louis E. Roberts Est.) among the sellers. No beds, baths or square footage figures were available in the deed data, so no price-per-square-foot or property-type comparisons can be made this period.

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.