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.
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…
The Nantucket residential real estate market gained momentum in May, with stronger sales activity and a notable shift toward higher-priced properties driving transaction and dollar volume above last year’s levels. While overall year-to-date sales remain below the pace of 2025, average and median sale prices have climbed significantly as a greater share of transactions occurred between $3 million and $5 million, accompanied by an increase in sales above $9 million. Marketing times lengthened modestly, but pricing discounts remained consistent. Encouragingly, new purchase activity accelerated sharply through April and May, with contract volume rebounding after a slow start to the year, signaling improving buyer confidence and providing a positive indicator for sales activity in the months ahead.
Here are Fisher’s May Market Insights…
For the five years preceding 2020, Nantucket real estate activity was largely consistent from year to year. Annual transactions averaged around 450 property sales, totaling near $1 billion in dollar volume. This steady pattern was disrupted during the pandemic peak when transactions skyrocketed from 423 sales in 2019 to 732 sales in 2021 and dollar volume surged handily past $2 billion.
Between 2023-2024, transactions cooled to around 300 annual sales, while property values marginally improved upon their sizable gains from 2021-2022, keeping total dollar volume at impressive figures. 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.
Let’s dive into the data…
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