House Prices are on the Up

19th May 2017

Following a 7% year on year rise in the number of house sales in the final quarter of 2016, the latest States of Guernsey Residential Property Prices Bulletin shows a 26% year on year rise in the first quarter of 2017.

The mix adjusted average price for Local Market properties has also increased in the first quarter of 2017 to £432,341. This is 4.4% higher than the previous quarter and 2.4% higher than the first quarter of 2016.

These are figures for January, February and March 2017 and future reports will show the trend has continued during April and into May.