House Sales Rise by 8%, New Data Reveals
- markdarrenwilkinso
- 4 days ago
- 1 min read
Jersey House Prices Hold Steady as Property Sales Pick Up
House prices in Jersey saw little movement in the second quarter of 2025, according to newly released data, though the number of properties changing hands has continued to climb.
Statistics Jersey reported that the average property price remained “broadly stable” compared to the first quarter of the year, despite a noticeable increase in market activity.
The number of sales rose by 8% compared to the same period in 2024 and was up 5% from the previous quarter, signaling growing momentum in the housing market.
Over the longer term, however, prices remain well below their previous highs. On a rolling four-quarter basis, average house prices are still 14% lower than the peak recorded in the third quarter of 2022.
When compared year-on-year, the average property price in Jersey dipped by 1% compared to the second quarter of 2024.
The Jersey House Price Index (HPI), which tracks overall trends in the housing market, showed mixed results across different property types:
One-bedroom flats averaged £310,000 – a slight increase of £2,000 on the previous quarter.
Two-bedroom flats held steady at £514,000, showing little change from Q1 2025.
Two-bedroom houses saw a drop in average price, falling to £544,000 – down £27,000.
Meanwhile, the average price for three-bedroom houses rose by £18,000 over the same period.
Overall, housing market activity rose 2% on a rolling quarterly basis and was 18% higher than in the same quarter last year, reflecting a gradual recovery in sales volumes.
