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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, 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…  

November Market Insights

Although November real estate sales declined significantly from the record 2021 monthly figures set in October, activity was still mighty impressive.  November transactions included 67 property transfers totaling $211 million, just shy of the record November volume posted in 2020.  These sales buoyed cumulative figures through November 30, 2021 to 657 transactions totaling $2.01 billion, a respective 25 percent and 29 percent increase from one year ago. Single-family home transactions continued to see record-low marketing times but also record-low inventory.  Commercial activity not only posted a monstrous turnaround from one year ago but is poised to set a historic record in transaction and dollar volume.  New contract activity continued its downward trend in an ever-dwindling property inventory environment but is still poised to surpass $2.3 billion.

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.

All Insights

2020 Year in Review

Despite the uncertainty with which 2020 started, the Nantucket real estate market saw a significant increase in buyer demand in early June and momentum never ceased from there.  Full-year results tallied approximately $1.85B in sales, a 50 percent increase from 2019 and $670 million higher than the best market on record in 2005.  Nantucket real estate transactions in 2020 represented the highest number of homes sales ever recorded, the highest number of high-end sales ($5M+) in a one-year period and several new trends, including a record number of pre-construction sales. Here is Fisher’s Annual Market Report…

Market Activity