House Prices Decline in Jersey
The average house price in Jersey has decreased by 5% over the last year, according to a recent report.
The current average property price is approximately £569,000, down from nearly £600,000 at the beginning of 2025.
During the same period, the number of properties sold declined by 1%, and sales were 10% lower compared to the final quarter of 2025.
House Price Index and Rental Sector Trends
The report, published by Statistics Jersey, noted that the House Price Index (HPI) remains 18% below its peak, which was recorded in the third quarter of 2022.
In the private rental sector, transactions involving HPI-eligible properties showed a net reduction of 19 rental units during the quarter.
Of the properties transacted, 49 were previously part of the private rental sector, while 30 were acquired for rental purposes.
Additional Information
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