May 2026 Nantucket Real Estate Market Update
Jen Shalley Allen June 30, 2026
Jen Shalley Allen June 30, 2026
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.
Transactions dip, dollar volume and contracts increase.
In total, there were 13 property sales during the month totaling $30.4 million.
While closings trailed last year’s pace, pending activity pointed to renewed momentum.
March recorded 17 transactions totaling just over $90 million in sales.
March sales brought first-quarter totals to 53 transactions and $250 million in dollar volume.
Two months into 2026, the Nantucket Real Estate market has had a slower start than one year ago.
The 2026 Nantucket real estate market is off to a slower start than it was one year ago.
Nantucket real estate activity was largely consistent from year to year.
Following on the heels of the highest month of dollar volume ever recorded.
Whether you're a year out or a week out, the right time to talk is before the listing hits the market. I respond to every inquiry personally, usually within 24 hours.
