JULY MARKET REPORT
STATISTICS & ANALYSIS
MONTH VS. MONTH SALES AS OF JULY 31, 2025
YEAR-TO-DATE SALES AS OF JULY 31, 2025
July was a good month for the Nantucket real estate market. July total dollar volume was $115 million, a 50.5% increase from July 2024. Making this month the 4th largest July in terms of dollar volume in Nantucket’s history. Transactions were up as well, increasing from 27 last July to 32 this month, marking an 18.5% increase. After a strong month, 2025 is on pace for nearly $1.5B in total dollar volume. Year to date for 2025, total dollar volume sits at $615M, up 15% from the $531.5M recorded by this time last year. Transactions are also green for 2025, up 33.1% from the prior year.
JULY MARKET REPORT
ALL SALES AS OF JULY 31
HOUSE SALES AS OF JULY 31
LAND SALES AS OF JULY 31
TRENDS & TRANSACTIONS
The July Nantucket market was active and resilient, with 32 transactions and around $115 million in closed volume. While activity remains elevated, there’s a noticeable shift toward lower-end and midrange sales, contributing to year-over-year declines in average and median prices. YTD Average sales price currently sits at $3.4M, compared to $4.4M prior, while YTD Median sales price is $3.4M vs $2.4M in 2024. Overall, transaction volume is strong, but pricing dynamics are adjusting, possibly reflecting caution or recalibration in buyer sentiment.
*Market data and analysis provided by GPP agent Ethan Ulmer*
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FEATURED LISTING | 110 BAXTER ROAD | $7,200,000
THE CURRENT MARKET AT A GLANCE
$4.9M
AVERAGE ASKING PRICE OF AVAILABLE HOMES
130
AVERAGE DAYS ON MARKET OF AVAILABLE PROPERTIES
78 AVERAGE DAYS ON MARKET OF PENDING PROPERTIES
236 AVAILABLE PROPERTIES
65 NUMBER OF PENDING SALES
