Trending Higher
Despite the recession fears, I think the Nantucket real estate market will continue to experience strong demand and prices will rise as people rotate out of volatile financial assets and into hard assets – especially A+ assets. If inflation rises, which seems likely, this will push real estate prices higher making for a good hedge against inflation. Also, real estate prices and gold are loosely correlated and gold is at an all time high…
We’re on track for the second biggest year in history.
| YTD Closed Volume as of April 10th in mm’s | ||
| 2009 | $69 | Lowest total yearly volume. |
| 2010 | $117 | |
| 2011 | $86 | |
| 2012 | $109 | |
| 2013 | $81 | |
| 2014 | $190 | $1bn+ year. |
| 2015 | $175 | |
| 2016 | $223 | |
| 2017 | $199 | $1bn+ year. |
| 2018 | $289 | $1bn+ year. |
| 2019 | $182 | $1bn+ year. |
| 2020 | $202 | $1bn+ year. |
| 2021 | $376 | Record year at $2.33bn. |
| 2022 | $279 | $1bn+ year. |
| 2023 | $183 | $1bn+ year. |
| 2024 | $208 | $1bn+ year. |
| 2025 | $300 |