Nantucket Real Estate - Market Insights and Reports

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Market Insights

Rely on more than headlines or word-of-mouth commentary by leveraging Fisher Real Estate’s market analytics page, a comprehensive stream of real-time, Nantucket property sales and information.

The Nantucket Real Estate Market

For a relatively small island 30 miles out to sea, the local market is anything but small. In fact, over the last few years, annual sales volume have ranged from $1.3-$2 billion through 300-700 transactions. Single-family home sales range from $400,000 to $42 million+, with the average sale price around $4.9 million. A market as dynamic as Nantucket’s deserves regular, comprehensive analysis, which you’ll find here on our insights page. From charts and graphs to our monthly and annual reports, we cover the market from all sides. Take a look…

Annual Report

After two years of transaction and dollar volume declines following the market’s peak in 2021, Nantucket real estate saw a modest bump in 2024. Transactions increased by a nominal amount, edging just past 300 property sales, while dollar volume held a firm grip, surging well beyond the $1 billion mark once again.

On a quarterly basis, market activity followed a seasonal crescendo from one quarter to the next, with the fourth quarter posting more than double the activity of the first and second quarters. By year’s end, there were 311 transactions totaling $1.35 billion on the books, a respective increase of six percent and 17 percent from 2023 but less than half the overall sales and transaction volume we saw in 2021.

Here is Fisher’s 2024 Year in Review…

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