FISHER’S
NANTUCKET REAL ESTATE
JAN ‘25 REVIEW
KEY MARKET METRICS
Market Insights BY JEN ALLEN 2025
ALL PROPERTY TYPES
% CHANGE YOY
5-YEAR AVG.
29
20
45% d
31
$125,130
$106,080
18% d
$100,460
Months on Market
4.7
2.5
87% d
3.7
Sale Price to Last Ask
94%
93%
1 d
95%
Active Listings
121
109
11% d
108
Projected Absorption
5.0
4.0
25% d
3.0
New Monthly Contracts
19
12
58% d
22
Transactions Dollar Volume ($ in 000s)
NANTUCKET REAL ESTATE ACTIVITY THROUGH JANUARY 2015 - 2025
Dollar Volume
# of Transactions
The Nantucket real estate market made a notable start in the new year with $125 million in sales activity, the highest dollar volume on record for the first month of the year. Transactions tallied 29 properties including two property transfers above $15 million. As we reported in our 2024 Year in Review, we anticipate that we will continue to see a vibrant high-end market in 2025, and January activity certainly set the stage. Transaction volume was higher than one year ago but well below the average we saw prior to 2023 when transactions figures were regularly in the 30-50 range. New contracts perked up from year’s end and listing inventory also increased modestly from the seasonal low we usually see in December. Here are Fisher’s January Market Insights…
2024
Dollar Volume per Quarter
Q1
# of Transactions
MONTHLY SALES HIGHLIGHTS
HIGHEST RESIDENTIAL SALE
HIGHEST SPEC SALE
NOTABLE RESALE
$21,000,000
$8,575,000
$5,550,000
14 LINCOLN AVENUE MARKETED FOR [219 Days]
196 HUMMOCK POND ROAD MARKETED FOR [186 Days]
10 LINCOLN STREET ANNUALIZED APPRECIATION [8%]
(508) 228–4407 21 MAIN STREET, NANTUCKET, MASSACHUSETTS
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