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February 2024 Nantucket Real Estate Market Insights

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Market Insights

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“The Nantucket real estate market is off to a vibrant start in 2024 as January and February transactions point to a market that is, thus far, notably different than one year ago. Transaction volume is up 26 percent year-over-year while dollar volume is handsomely higher than the comparable period. This is due to three transactions above $10 million as well as a greater percentage of property sales between $4 million and $7 million. In fact, through February, there have been 13 transactions in this price range compared to the normal one to four transactions we typically see in the first two months of the year.”

Here are Fisher’s February market insights from Jennifer Shalley Allen…