May 2025 Nantucket Real Estate Market Insights

“After a strong start to 2025, with each month showing double-digit year-over-year gains, May marked the first month of declines. May 2025 transactions totaled $53.8 million through just 19 transactions, a decline of five percent and 21 percent, respectively, for the same month in 2024. Year-to-date, however, remains solid with $367 million across 101 property sales, a 66 percent gain in transaction volume and a 46 percent gain in dollar volume. While activity is higher in 2025 and inventory remained steady, most sales metrics trended weaker. We will be keeping an eye on pricing and value trends as we head into what is typically the busiest part of the season.”