OCTOBER MARKET REPORT
STATISTICS & ANALYSIS
MONTH VS. MONTH SALES AS OF OCTOBER 31, 2025
YEAR-TO-DATE SALES AS OF OCTOBER 31, 2025
October was a record-breaking month for the Nantucket real estate market. The total dollar volume for October was $362M, representing a 53% increase from October 2024, making this month the 2nd largest in terms of dollar volume in Nantucket’s history. Month to month, transactions were up, increasing from 53 last October to 63 this month, an 18.9% increase. After another strong month, 2025 remains on pace for $1.7B in total dollar volume. Year to date for 2025, total dollar volume sits at $1.44B, up 28.8% from the $1.12B recorded by this time last year. Transactions are also green for 2025, up 27% from the prior year. Historically, September and October are the most active months for real estate transactions on the island. It will be very interesting to see how the current strength in our market plays out as we approach year-end.
OCTOBER MARKET REPORT
ALL SALES AS OF OCTOBER 31
HOUSE SALES AS OF OCTOBER 31
LAND SALES AS OF OCTOBER 31
TRENDS & TRANSACTIONS
Toward the end of the summer, we started to see a significant uptick in $10M+ transactions. This trend has continued ever since, and October was no different. Year to date, we have seen 26 transactions over $10M, which is the highest we have seen in a calendar year, and we still have two months to go in 2025. In October, there were 9 $10M+ transactions:
7 North Swift Rock Road - $10,800,000 63 Baxter Road - $11,900,000
10 Maxey Pond Road - $13,500,000 41 Monomoy Road - $15,000,000
15 Pleasant Street - $15,450,000
258 Polpis Road - $16,850,000
3 Sherburne Way - $37,500,000
Eel Point Road - $16,500,000
Eel Point Road - $19,000,000
2025 continues to show strength. At this current pace, the 2025 Nantucket real estate market will end with about $1.7B in total dollar volume. Assuming these figures hold, 2025 would be the 3rd largest year by dollar volume in Nantucket’s history.
*Market data and analysis provided by GPP agent Ethan Ulmer*
FEATURED LISTING | 27 LONGWOOD DRIVE | $4,000,000
THE CURRENT MARKET AT A GLANCE
$7M
AVERAGE ASKING PRICE OF AVAILABLE HOMES
137
AVERAGE DAYS ON MARKET OF AVAILABLE PROPERTIES
136 AVERAGE DAYS ON MARKET OF PENDING PROPERTIES
155 AVAILABLE PROPERTIES
44 NUMBER OF PENDING SALES