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August Market Insights - Nantucket Real Estate

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FISHER’S

NANTUCKET REAL ESTATE

AUG ‘25 REVIEW

KEY MARKET METRICS

Market Insights BY JEN ALLEN 2025

ALL PROPERTY TYPES

% CHANGE YOY

5-YEAR AVG.

215

124

73% d

206

Dollar Volume ($ in 000s)

$831,766

$515,293

61% d

$639,925

Median Home Sales Value

$3,887

$4,156

-6% f

$3,235

Sale Price to Last Ask

94%

95%

1 d

95%

Active Listings

215

245

-12% f

189

Projected Absorption (Months)

7

10.7

-35% f

5

New Monthly Contracts

57

62

-8% f

60

Transactions

NANTUCKET REAL ESTATE ACTIVITY THROUGH AUGUST 2015 - 2025

Dollar Volume

# of Transactions

The Nantucket real estate market picked up momentum in August, not least with closings but also new contract activity. August represented the third month in the calendar year to surpass $100 million in sales, and the first month of the year to approach the $200 million mark. Monthly transaction activity included the highest sale of the year thus far, as well as several other high-end sales, and tallied 31 property transfers totaling $187 million. This brought year to date activity to 215 transactions measuring $831 million, a respective increase of 41 percent and 31 percent from one year ago. In fact, the 2025 market is looking more like the 2022 market than the more moderate activity witnessed over the previous two years. New contract activity also peaked in August, pointing to a healthy pipeline as we head into the fourth quarter. Here are Fisher’s August Market Insights...

2024

Dollar Volume per Quarter

Q1

Q2

Q3YTD

# of Transactions

MONTHLY SALES HIGHLIGHTS

HIGHEST RESIDENTIAL SALE

HIGHEST SPECULATIVE SALE

FASTEST SALE

$26,500,000

$8,500,000

$7,500,000

86 POCOMO ROAD PRIVATE SALE

10 WHITE ELEPHANT WAY MARKETED FOR [46 Days]

13 COMMERCIAL WHARF MARKETED FOR [1 Day]

(508) 228–4407 21 MAIN STREET, NANTUCKET, MASSACHUSETTS

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