Guernsey Housing Market Activity At Second Highest Sales Level

Sales activity in the Guernsey property Open Market was the second highest it has been at the end of 2022, since 2000 according to conveyancing activity seen in the latest statistics compiled by Unusualities of Guernsey, an independent analyst of the Guernsey property market.

Figures reveal that there was a total of 98 Open Market transactions in 2022, a figure that is slightly lower than in 2021 but more than any other year since 2007 demonstrating a robust market since the pandemic.

Of the 98 Open Market transactions completed last year, the median price (realty only) of the 87 Open Market Houses sold, was £1,379,625. The nine Open Market flats sold in 2022 had a median price (realty only) of £1,218,750. In total there were 892 transactions recorded on The Guernsey Local Market in 2022.