Real estate agents agree that buyers are fueling the frenzy. And this in not an isolated incident.
Prices are hot all over the state.
The Nantucket property will most likely be torn down, a new mansion to be built in its place. Prices aren't the only problem. Realtors say properties aren't staying on the market for long. Even on the low end of the market, homes are selling for record prices. She says she's seen prices triple in that time.