The Kalman Co.
ListingsInsightsAbout
Contact Sean
The Nantucket Market Report — Annual Edition
2025: the year the buyers came back.
Published by Sean Kalman. LINK MLS data, full year 2025.
$1.82B
Total sales volume
▲ 35% vs. 2024
419
Properties sold
▲ 33% vs. 2024's 314
$3.3M
Median home price
▼ 5.6% vs. 2024
95.4%
Of asking price, all types
154% of assessed value
Twelve months, one shape
Monthly sales volume, all property types
A quiet spring, then an avalanche: September and October alone produced 127 sales and $657 million — more than a third of the year's entire volume in sixty-one days.
$125M
$85M
$63M
$96M
$54M
$98M
$127M
$187M
$284M
$372M
$151M
$176M
Jan
29 sales
Feb
22 sales
Mar
21 sales
Apr
30 sales
May
19 sales
Jun
27 sales
Jul
37 sales
Aug
31 sales
Sep
62 sales
Oct
65 sales
Nov
33 sales
Dec
43 sales
Homes
338 sold
$1.59B in volume · $3.3M median · 95.3% of asking price. A quarter more homes traded than in 2024.
Land
60 lots
$150.8M in volume · $2.0M median — a 76% jump in sales over 2024's 34 lots. The island's builders were buying.
Commercial
21 sales
$78.2M in volume · $3.25M median — nearly double 2024's count, the strongest commercial year in recent memory.
What 2025 was really about

2025 was the year demand came back in force. Four hundred nineteen properties changed hands — a third more than 2024 — for $1.82 billion in total volume. And here's the part most headlines missed: the median home price actually eased 5.6% to $3.3 million. More sales at slightly softer prices means the market broadened rather than spiked — buyers returned across every tier, not just the trophy one. The clearest tell was land: 60 lots sold against 34 the year before, a 76% jump. When builders buy dirt, they're betting on the next five years, not the next five months.

The shape of the year mattered as much as its size. Spring was sleepy — May saw just 19 closings. Then the fall avalanche: 127 sales and $657 million across September and October, with October's $372 million standing as the biggest single month of the year. Sellers who listed after Labor Day caught the wave; those who chased the spring market waited. Across all 419 trades, sellers collected 95.4% of asking and 154% of assessed value. The honest read: 2025 rebuilt the market's depth — and set the table for the record median that followed in the first quarter of 2026. Source: LINK MLS Year-To-Date Sales Summary, 2025.

Get the full report — free PDF
Every sale, every neighborhood, every trendline — plus Sean's outlook for next quarter. Delivered each quarter, nothing else, unsubscribe anytime.
Send it
Current report: Q2 2026 → Q1 2026 → All insights →
Home Listings Insights Talking Nantucket Neighborhood Guides Market Report Buying Guide Home Valuation About & Team Contact
The Kalman Co.
InstagramFacebookLinkedIn
508-228-4578 · sean@thekalmanco.com · Brokered by eXp Realty