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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 $1.5-$2 billion through 400-700 transactions.  Single-family home sales range from $400,000 to $42 million+, with the average sale price around $4 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…  

2023 Market Report

The unprecedented transaction peak of 2020-2022 is now firmly in the rearview mirror with only significantly higher property valuations in its wake.  In 2023, the market dipped below 300 annual transactions, a lower limit that hasn’t been breached since 2009 when there were 230 transactions. Yet the total dollar volume for this relatively limited number of sales was $1.15 billion, nearly triple the dollar volume from 2009 and solidly above what was once considered a lofty ceiling.

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

November Market Report

After a very healthy September and October, November sales activity took a noticeable dip. Monthly sales included just 24 transactions compared to the five-year average of 39, while dollar volume dropped to nearly half of what we typically see this time of year. On a cumulative basis for the 11 months ending November 30, 2023, there were 271 property transfers totaling $1.076 billion, a decline of 31 percent and 26 percent from 2022. Though single-family home sales were the lowest they’ve been since 2011, the value of the units sold, particularly at the high-end, contributed handsomely to year-to-date totals and the average home sale value.

Here is Fisher’s November Market Report…

Market Activity