“The 2025 market marked a reacceleration of activity across the island. Every segment of the market, including residential properties, commercial properties and vacant land, experienced double-digit transaction growth. For the first time since 2021, transactions surpassed 400, approaching pre-pandemic norms.

While market activity followed its typical seasonal crescendo, the second half of the year packed a huge punch with the third and fourth quarters posting roughly double the transaction activity of the first and second quarters. The 270 transactions posted in the second half of the year were materially higher than any quarter since 2022 such that by year’s end, there were 417 transactions totaling $1.81 billion on the books, a respective increase of 34 percent for both metrics from 2024.

Interestingly, for the first time in several years, the average sale value of all property types held steady from 2024, indicating that the increase in dollar volume stemmed more from an increase in buyer confidence and transaction activity than it did from price appreciation or an overcharged luxury market.

As we look to 2026, we anticipate that Nantucket real estate will see another efficient year of active buyers and stable to rising pricing. Of course, the market will need the inventory to support another year of 400+ transactions, but it appears the mentality of both sellers and buyers will be conducive to more transaction activity than we saw in 2022-2023.” Jen Shalley Allen

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