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ARTICLE · 18 FEBRUARY 2025

Latest Jersey House Price Index Statistics For Q4 2024

Collas Crill
Collas Crill
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Collas Crill

Collas Crill

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Statistics Jersey has released its report on the House Price Index (HPI) for the final quarter of 2024, providing collective figures on Jersey's property market for 2024.

JerseyReal Estate and Construction
Anna Carter
Anna Carter
Pamela Doherty
Pamela Doherty
Martin Le Boutillier
Martin Le Boutillier
Barney Orr
Barney Orr
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Statistics Jersey has released its report on the House Price Index (HPI) for the final quarter of 2024, providing collective figures on Jersey's property market for 2024.

Property prices

As expected property values continue to decrease, however 2024 marks the largest annual decrease in 38 years and this will partly explain the increase in turnover of 25% from the previous year.

Property turnover was 9% higher than quarter three of last year (often explained by the seasonal flurry of purchasers looking to complete before Christmas). There has been a fall in the average property prices by 1% from the previous quarter. 9% of acquisitions have been in new developments for 2024 compared with 39% in 2023.

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