We find it useful to look at history to better understand the influences that have shaped the Nantucket real estate market over time. Over the last 25 years, the Dow Jones Industrial Average has increased by approximately 360%, rising from roughly 10,400 in early 2000 to over 47,900 as of this spring. In comparison, the average price of a home on Nantucket has significantly outpaced the stock market, increasing by more than 220% between 2000 and 2022 alone. The average selling price of a home on Nantucket is now $5.3 million (+7%); the median home price is $4.4 million (+26%). Consider the factors at play here: Nantucket is an island, located 30 miles at sea, with nearly 60% of our land protected and preserved for future generations to enjoy. According to the Planning Department, less than 4% of the island remains unbuilt. Read on below…