Time Will Tell

Will the meltdown and volatility of the stock markets help or hurt Nantucket real estate? On the one hand, people who are in the stock market have less money, but on the other hand, people might flee the stock market for safer, more stable asset classes, the main one being real estate. Also, the meltdown and job layoffs will cool the economy, which will inspire the Fed to cut interest rates – another win for real estate. The wild card is what will the tariffs do. Overall, I think people will be moving their money to real estate, especially A+ real estate, i.e. Nantucket real estate, and, as a perk, they get to enjoy life on Nantucket.

Market is on track for its second best year, measured by dollar volume, ever and could easily become the best year ever.

	YTD Closed Volume as of March 10th in mm’s
2009	$37	Lowest total yearly volume.
2010	$81
2011	$57
2012	$73
2013	$61
2014	$144	$1bn+ year.
2015	$137
2016	$156
2017	$124	$1bn+ year.
2018	$197	$1bn+ year.
2019	$119	$1bn+ year.
2020	$164	$1bn+ year.
2021	$222	Record year at $2.33bn.
2022	$173	$1bn+ year.
2023	$101	$1bn+ year.
2024	$166	$1bn+ year.
2025	$211