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May Market Insights - Nantucket Real Estate

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FISHER’S

NANTUCKET REAL ESTATE

MAY ‘26 REVIEW

KEY MARKET METRICS

Market Insights BY JEN ALLEN

ALL PROPERTY TYPES

2026

% CHANGE YOY

5-YEAR AVG.

88

120

-27% f

109

Dollar Volume ($ in 000s)

$359,279

$420,832

-15% f

$402,386

Median Home Sale Value

$3,053

$2,700

13% d

$2,625

Sale Price to Last Ask

92%

93%

-1 f

95%

Active Listings

158

208

-24% f

165

Projected Absorption

5.0

7.0

-31% f

5.0

New Monthly Contracts

34

20

70% d

25

Transactions

NANTUCKET REAL ESTATE ACTIVITY THROUGH MAY 2016 - 2026

Dollar Volume

# of Transactions

The Nantucket residential real estate market gained momentum in May, with stronger sales activity and a notable shift toward higher-priced properties driving transaction and dollar volume above last year’s levels. While overall year-to-date sales remain below the pace of 2025, average and median sale prices have climbed significantly as a greater share of transactions occurred between $3 million and $5 million, accompanied by an increase in sales above $9 million. Marketing times lengthened modestly, but pricing discounts remained consistent. Encouragingly, new purchase activity accelerated sharply through April and May, with contract volume rebounding after a slow start to the year, signaling improving buyer confidence and providing a positive indicator for sales activity in the months ahead. Here are Fisher’s May Market Insights...

2025

Dollar Volume per Quarter

Q1

Q2YTD

# of Transactions

MONTHLY SALES HIGHLIGHTS

HIGHEST RESIDENTIAL SALE

NOTABLE RESALE

$10,000,000

$2,875,000

$4,159,000

4 SHAWKEMO HILLS ROAD MARKETED FOR [222 Days]

74 MADAKET ROAD SOLD FOR $2.7M IN 2024

17 OLD SOUTH ROAD MARKETED FOR [59 Days]

HIGHEST COMMERCIAL SALE

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

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