Jersey Property Sales Surge as Average Home Price Reaches £626,000
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The number of properties sold in Jersey has risen sharply over the past year, while the average price of a home has climbed to £626,000.
New figures from Statistics Jersey show that 282 properties changed hands between April and June 2026. That compares with 228 sales during the same quarter last year and 214 in the first quarter of this year.
The average property price has increased from £596,000 in the second quarter of 2025 to £626,000 this year.
Prices also rose across all of the property types measured compared with the previous quarter.
The average prices recorded in the second quarter were:
One-bedroom flat: £326,000, an increase of £16,000
Two-bedroom flat: £580,000, up £74,000
Two-bedroom house: £601,000, up £130,000
Three-bedroom house: £797,000, up £61,000
Four-bedroom house: £1.122 million, up £112,000
Looking at the market over a rolling four-quarter period, the average price of properties sold in Jersey during the year to the end of June was 1% higher than in the previous four-quarter period.
However, prices remain 12% below the market's peak, recorded in the year ending March 2023.
Housing market activity also increased, rising by 7% compared with the first quarter of 2026 and by 23% compared with the same period last year.
Meanwhile, advertised private-sector rents fell by 1% compared with the first quarter.
Housing Minister Deputy Malcolm Ferey said the figures indicated that confidence was returning to Jersey's property market, pointing to the rise in both sales and overall activity.
He acknowledged that affordability continued to be a major issue, particularly for first-time buyers, despite prices remaining below previous peak levels.
Deputy Ferey said the government was working to ensure Jersey had the right mix of housing rather than simply increasing the overall number of homes.
He also highlighted work to support home ownership and improve movement through the housing market, including consideration of homes designed with an ageing population in mind.
The minister described the latest figures as encouraging, saying they pointed towards a more active but stable housing market, while stressing that providing Islanders with suitable and affordable homes remained a key priority.