Commercial Real Estate in Nantucket | Reonomy

Commercial Real Estate in Nantucket

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Nantucket commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Massachusetts Nantucket
Average price/sqft -- -- --
Average sold price $773,048 $1,301,913 $3,203,799
Median sold price $91,625 $375,079 $1,891,333
Number of sales 4,856,348 46,588 540
Number of sales over $250k 1,579,008 29,435 474
Number of sales over $1m 400,405 7,329 372
Number of sales over $10m 58,779 768 28
Average total tax amount $4,975 $12,398 $9,154
Average assessed value $232,001 $830,621 $2,400,566
Average market value $316,247 $830,662 $2,400,566

Nantucket commercial real estate property averages

Property averages United States Massachusetts Nantucket
Average lot size 890,104 sf 107,118 sf 87,847 sf
Median lot size 28,529 sf 8,587 sf 20,038 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1971 1916 1986
Average number of units 17 4 1
Median number of units 2 2 --

Nantucket commercial real estate total supply

Supply United States Massachusetts Nantucket
Number of parcels 142,696,132 738,280 7,594
Aggregate lot acerage 786,861,826 1,113,116 7,707
Aggregate building area -- -- --
Aggregate units 93,801,487 1,254,642 4,258

Nantucket commercial real estate industrial mortgages

Debt United States Massachusetts Nantucket
Number of mortgages 40,398,891 1,480,281 12,924
Average value of mortgages $6,478,678 $1,154,034 $1,157,064

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