Average house price falls by 5%, report shows

The average house price in Jersey has fallen by 5% over the past year, according to a new report.

The average property now costs about £569,000 - which is down from almost £600,000 at the start of 2025.

The number of properties sold dropped 1% over the same period and was 10% lower than in the final three months of 2025.

The report by Statistics Jersey highlighted the House Price Index (HPI) had remained 18% below its peak, which was recorded in the third quarter of 2022.

In the private rental sector, transactions involving HPI‑eligible properties showed a net decrease of 19 rental units during the quarter.

Out of the properties transacted, 49 were previously in the private rental sector, while 30 were purchased for rental use.