“Nantucket’s real estate market gained momentum in July, with strengthening contract activity and steady dollar volume pointing toward a robust finish to 2026, though likely lower than 2025. While yearto-date single-family transaction volume remains 14 percent below 2025 levels, sales volume is nearly unchanged at $478 million, supported by increased activity in the $4 million to $6 million range and higher average and median sale prices. July purchase activity was particularly encouraging, with 43 contracts recorded and more than $420 million already pending, putting the market on pace to surpass $1 billion in annual sales before factoring in fourth-quarter activity. Meanwhile, inventory remains constrained at 184 properties, helping reduce months’ supply to six months, while seasonal price adjustments have increased but remain fewer and less substantial than they were a year ago. ”

Here are Fisher’s July Market Insights… from Jennifer Shalley Allen

• Single-family home sales (excluding condos, co-ops & affordable housing) totaled 21 transactions totaling $96 million in July, a respective increase of 5 percent and 28 for both metrics as compared to July 2025. Year to date figures tallied 101 transactions and $478 million, a transaction decline of 14 percent but nearly the same dollar volume as one year ago thanks to more transactions between $4 million and $6 million. The average marketing time lengthened marginally while pricing discounts saw slight improvement.

• The average home sale price rose 18 percent, moving closer to $5 million than $4 million, while the median home sale value increased by 25 percent. While these figures suggest a significant jump from one year ago, they represent modest increases from 2024 figures. This is because in 2025 there was a notable decrease in $4 million to $5 million transactions and a doubling of sales between $1 million and $2 million, effectively lowering both metrics compared to previous trends. Comparing the median and average home sale prices in 2026 to 2024 shows a more stable market increase.

• As is typical, summer contract activity heated up in July where recorded contracts (Offers to Purchase and Purchase & Sale Contracts excluding duplicates) rose to a total of 43, up from the 30 contracts recorded June and the second highest number on record for July since 2021. Preliminary August activity is also strong, suggesting the market will see a robust fall closing schedule.

• Most of the July contracts, 21 percent, were for properties last priced between $3 million and $4 million, like what we saw during this period in 2025. The $5 million to $6 million segment saw a healthy bump in contract activity while ultra high-end contracts over $10 million were slightly lower than one year ago. This said, we are aware of several private, high-end transactions which would not be accounted for in these figures.

• As of the time of this report, there was over $420 million in pending contracts, excluding several ultra-high-end sales. These forecasted totals will put the fullyear estimate over $1 billion before we see fourth quarter purchase activity.

• As of July 31, 2026, there were 184 properties (residential, land & commercial) listed for sale and the total months’ supply (how long it would take to sell all listings based on trailing 12-month sales) measured six months. This projected marketing time is two months faster than in 2025 thanks to a decline in inventory (as opposed to the increase in transaction activity that has recently influenced this metric). Every price point saw fewer listings as compared to last year aside from properties listed between $5 million to $6 million.

• As the first full month of summer passed by, the number of price changes increased, though there were fewer adjustments from one year ago due to the constrained inventory environment. Through the month ending July 31, 2026, there were price adjustments to 35 properties, a 27 percent decrease from the same period last year. The average price discount from the original list price was approximately six percent, a lower discount than the eight percent we saw in July 2025.