Market Update and New Listings: Spring 2025
The Nantucket real estate market showed strong performance in April, continuing a promising trend for the year. Compared to April of the previous year, the number of properties sold surged by 63%, dollar volume more than doubled with a 109% increase, the average sold price rose by 28%, and the median sold price grew by 15%. The sustained high demand has been matched with more new listings, properties returning to the market, and fewer homes being removed from the market. Despite these year-over-year changes, the inventory at the end of the month remained nearly the same.