Compare Listings

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, for the last few years, annual sales volume has totaled approximately $1 billion through 400-500 transactions.  Single-family home sales range from $400,000 to $25 million+, with the average sale price around $2.5 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…  

July Report

July represented the first month since February that saw a year-over-year increase in sales volume. And the increase was remarkable at nearly two and a half times the volume witnessed during each of the months in the second quarter. Monthly sales included 44 transactions totaling $126 million through the period ending July 31, 2020, a respective 47 percent and 40 percent increase from the same period one year ago and the highest July sales volume on record. Cumulatively, for the six months ending June 31, 2020, there were 172 property transfers totaling $450 million. This narrowed the year-over-year gap to 13 percent on a transaction basis and just four percent on a dollar volume basis. Single-family homes sales caught up to 2019 levels, while land and commercial sales lagged behind. Contract activity also set a historic record, setting the stage for a vibrant third and fourth quarter. Here are Fisher’s Market Insights for July 2020…

Nantucket Real Estate Sales Details

Past Market Reports

We are dedicated to delivering the most accurate Nantucket real estate market data and the most thoughtful market insights.

2019 Year In Review

While Fisher Real Estate’s figures put the 2019 Nantucket real estate market at just under the $1 billion mark with a total of 423 transactions, excluding foreclosures and non-market rate transactions, it was nonetheless an impressive year. This is particularly true if you consider that the first quarter of 2019 trailed the first quarter of 2018 by a respective 39 percent and 47 percent on a transaction and dollar volume basis