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April Market Insights - Nantucket Real Estate

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FISHER’S

NANTUCKET REAL ESTATE

APR ‘25 REVIEW

KEY MARKET METRICS

Market Insights BY JEN ALLEN 2025

ALL PROPERTY TYPES

% CHANGE YOY

5-YEAR AVG.

101

61

66% d

110

$366,985

$250,673

46% d

$336,143

Months on Market

4.6

2.6

77% d

4.8

Sale Price to Last Ask

93%

96%

-3 f

95%

Active Listings

184

180

2% d

140

Projected Absorption

6

7.4

-15% f

4.0

New Monthly Contracts

23

23

0% r

28

Transactions Dollar Volume ($ in 000s)

NANTUCKET REAL ESTATE ACTIVITY THROUGH APRIL 2015 - 2025

Dollar Volume

# of Transactions

Following on the heels of a strong first quarter, April transactions tallied just shy of $100 million and were 90 percent higher than April 2024. In total, there were 30 property sales during the month, the highest so far in 2025, and well above the 19 that we saw one year ago. April transactions brought year-to-date figures to 101 property sales amounting to $366 million, a 66 percent change in the number of units sold during this time in 2024, and an increase of 66 percent in total dollar volume. New contract activity, new inventory and even price reductions were exactly the same as in 2024. Here are Fisher’s April Market Insights...

2024

Dollar Volume per Quarter

Q1

Q2YTD

# of Transactions

MONTHLY SALES HIGHLIGHTS

HIGHEST RESIDENTIAL SALE

LONGEST MARKETING

LOWEST RESIDENTIAL SALE

$14,250,000

$2,200,000

$1,150,000

7 WEETAMO STREET MARKETED FOR [11 Days]

26 CREEK LANE MARKETED FOR [336 Days]

14 ARKANSAS AVENUE MARKETED FOR [162 Days]

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

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