Sales activity in the Guernsey Open Market last year was at its
highest level since the financial crisis, according to the latest
conveyancing statistics compiled by Unusualities of Guernsey, an
independent compiler of local conveyancing statistics.
Figures reveal that there were 75 Open Market transactions in
2018, compared to just 48 in 2017 – marking the first time
since 2010 that more than 50 Open Market properties have been sold
during the course of a year. However, it is still some way short of
the pre-financial crisis levels when 101 and 96 Open Market
properties were sold in 2006 and 2007 respectively.
Of the 75 Open Market transactions completed during 2018, the
median price (realty only) of the 67 Open Market houses sold was
£1,256,250, up from the £852,125 recorded in 2017. The
eight Open Market flats sold in 2018 had a median price (realty
only) of £1,184,063.*
