Number and Value of Local Market Sales Continues to Increase

13th November 2017

The Guernsey Press has reported on official statistics released by the States showing 200 property sales registered through the courts during the third quarter of 2017, only 4 more than the second quarter but 41 more than during the same period last year.

The House Price Index’s mix adjusted average Local Market price now stands at £423,130, 1.2% higher than the previous quarter and 2.5% higher than last year.

Property law specialist Martyn Baudains, partner at local law firm Ogier, said the figures indicated sustainable and measured improvement in the market.