The Guernsey Residential Property Prices Bulletin has been published for Quarter 4 of 2025.
The Guernsey Residential Property Prices Bulletin measures average price changes in residential properties purchased and advertised as being available to rent on the island each quarter and provides a headline analysis of trends in average prices.
The mix adjusted average purchase price for the Local Market properties transacted during the fourth quarter of 2025 was £595,820, 0.5% higher than the previous quarter and 1.4% lower than the fourth quarter of 2024. The average was 20.8% higher than five years previously
There were 246 Local Market transactions during the fourth quarter of 2025, which was 37 more than the previous quarter and 58 more than the fourth quarter of 2024. Five years previously, in the fourth quarter of 2020, there were 345 transactions (which was the highest on record).
The four quarter rolling average time between a Local Market property becoming available for purchase and its subsequent sale was 279 days for properties purchased in the fourth quarter of 2025, compared with 234 days in the fourth quarter of 2024 and 222 days in the fourth quarter of 2020.
The difference between the maximum advertised prices compared with the final sale prices of Local Market properties was calculated: the final sale price was, on average, 8.4% lower than the maximum advertised price in the fourth quarter of 2025, compared with 7.4% a year previously and 3.7% in the fourth quarter of 2020.
1.6% of Local Market purchases during the fourth quarter of 2025 had been built in the previous twelve months. This compares to 5.3% in the fourth quarter of 2024 and 5.5% in the fourth quarter of 2020.
The raw median price (realty only) of the 25 Open Market transactions in the fourth quarter of 2025 was £1,560,000, compared with £1,700,000 in the fourth quarter of 2024. In the fourth quarter of 2020 the median was £858,000.
The mix adjusted average rental price for Local Market properties was £2,162 per calendar month in the fourth quarter of 2025, 2.4% higher than the previous quarter, 6.1% higher than the fourth quarter of 2024 and 57.2% higher than five years previously.
Nick Paluch (pictured), director in the residential sales team at Savills Guernsey, said: “As these figures show, both the Local and Open Markets generally performed well last year, with activity levels at the end of 2025 ahead of the previous 12 months.
“Encouragingly, 2026 has started life in a similar fashion, with some noteworthy deals already agreed in January and the early days of February. Some of this activity is a carryover from pent up demand in 2025 – but we are also seeing fresh interest. Exchanges are up on what’s considered normal for this time of year and people who had seemingly held off appear to have dusted down their plans to move.
“In the Local Market, a slight reduction of prices combined with a softening of interest rates has led to a notable upturn in transactions, while greater stability has led to more sales on the Open Market, albeit with a good bit of headroom to reach where we were in the early 2020s. Interestingly, a number of offers are on properties that have been on the market for some time, suggesting a degree of renewed motivation from buyers who have been watching the market closely, as well as from those who are newly registered.
“Realistically priced, well-maintained homes continue to have strong appeal and – while we expect the markets to remain finely balanced – momentum should build as confidence grows.”
