Guernsey Local Market Activity Down In First Half Of 2018

Sales activity in the Guernsey Local Market is down 10% compared to the same time last year, according to the latest conveyancing statistics compiled by Unusualities of Guernsey, an independent compiler of local conveyancing statistics.

For the six months to the end of June 2018 there were 341 Local Market houses and flats sold compared to 378 for the same period last year.

Of those 341 Local Market transactions, the median price (realty only) for the 279 houses sold so far this year currently stands at £429,000, marginally up from the £428,688 for the same period last year. The median price (realty only) of the 62 Local Market flats sold in the first six months of 2018 currently stands at £235,300, which is down from the £250,325 recorded for last year.*