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Nantucket Real Estate Market Report - 1st Quarter 2025 & Summer Outlook

By Robert Sarkisian & Michael O'Mara - April 09, 2025

As we step into spring and look ahead to the summer season, the Nantucket real estate market has shown encouraging signs of strength and momentum through the first quarter of 2025. Sales Activity and Volume Q1 2025 saw a substantial uptick in transactional activity, with total sales volume up 65.12% year-over-year. We recorded 71 transactions, comprising 53 home sales, 11 land sales, and 7 comm

Recap of Nantucket Real Estate Data for 2023

By Robert Sarkisian - January 19, 2024

Transactions Trends 2023 marked the fifth-best year in Nantucket real estate sales history. There were 294 transactions, a 31% decrease from 2022, which itself experienced a significant drop of 41% from 2021. Sales Volume and Prices In 2023, the Record Average Home Sale Price was $4.39 million, almost unchanged from 2022. The Record Median Home Sales Price was $3.18 mil

For I Love A Parade....

By Robert Sarkisian - April 24, 2023

People enjoy parades for different reasons. Some like the festive atmosphere and the opportunity to celebrate a particular holiday or event with others. Others appreciate the spectacle of the floats and performers, the creativity of the costumes, and the skill of the musicians and dancers. Some also enjoy community and togetherness by participating in or watching a parade. Parades are often nos

2022 Year End Wrap Up

By Robert Sarkisian - January 19, 2023

WHAT A DIFFERENCE A YEAR MAKES! As we reflect on the 2022 Nantucket Real Estate Market statistics, it truly shows what a difference a year makes. 2022 was the third-best year in Nantucket real estate sales history, with $1.6 billion in sales from 432 transactions. In comparison, 2021, the best year ever, had record sales of $2.325 billion from 738 transactions. That year saw an increase

Winter Watch

By Robert Sarkisian - December 14, 2022

Berkshire Hathaway HomeServices Island Properties Co-Principal Broker, Robert Sarkisian Winter is a stark, beautiful season. I enjoy it when our “Gray Lady of the Sea” gets a dusting of powdery snow. Downtown looks like a movie set, a spectacular winter wonderland. The frosty mornings and bright, crisp days followed by quiet and cozy evenings at home are a welcomed change of scene

Market Update with Robert Sarkisian

By Robert Sarkisian - June 24, 2022

Berkshire Hathaway HomeServices Island Properties Co-Principal Broker, Robert Sarkisian Every day, I am asked what is happening with the market. Has it hit its peak? One could quickly respond with a yes, but it is a question that needs perspective and discussion. We experienced a two-year epidemic that created a fast, furious rocketing market. Demand was strong, and supply was low. Nantu

Key Takeaways from the 2021 Real Estate Market

By Robert Sarkisian - March 01, 2022

With the first quarter of 2022 behind us, if you are wondering what this year will bestow on us, we think the answer may tie-in with some of the key learnings and insights we’ve gathered from 2021. As we look back on a somewhat unprecedented year, there were most definitely some surprises. Here are a few of the key takeaways from the 2021 real estate market on Nantucket. The

5 Questions with our Co-Principal Broker, Robert Sarkisian

By Island Properties - July 28, 2021

Berkshire Hathaway HomeService Island Properties Co-Principal Broker, Robert Sarkisian Welcome to July’s 5 Questions With! This month we sat down with Berkshire Hathaway HomeServices Island Properties’ Principal Broker, Robert Sarkisian, for an insightful Q&A on all things Nantucket real estate. Over the last 17 years, Robert has been an integral part of the Island Properti

A Reflection on the Past Year from our Co-Principal, Robert Sarkisian

By Robert Sarkisian - April 30, 2021

Berkshire Hathaway HomeServices Island Properties Co-Principal Broker, Robert Sarkisian After a hectic and incredibly unpredictable 13 months, I took some time off to relax and reflect back on the insights, “ahas” and silver linings unique to 2020. What a year it was! It began on such a promising note with no hint of what was soon to come. Overall sales and rentals wer

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