The release of the latest Guernsey Residential Property Prices Bulletin for the first quarter of 2026 reflects a market that has carried strong momentum into the new year. Following a record-breaking 2025, activity levels remain healthy across both the Local and Open Markets, while prices have continued to show resilience despite ongoing economic pressures.
Local Market
The Local Market has started 2026 in an encouraging position, with prices reflecting continued stability in the market.
There were 163 Local Market transactions in Q1 2026, broadly in line with the same period last year. The mix-adjusted average purchase price rose to £604,094, representing a 1.4% increase on the previous quarter and a 4.1% increase compared to Q1 2025. This marks a return to positive annual price growth and suggests growing confidence across the market.
The majority of activity continued to sit within the £300,000 to £699,999 price brackets, which together accounted for almost two thirds of all transactions. Demand for family homes also remains particularly strong, with three-bedroom houses and bungalows making up the largest proportion of sales.
“Activity levels have remained strong throughout the first quarter, especially considering the strong finish we saw at the end of 2025. Buyers are still active and motivated and we’re continuing to see competitive interest in quality family homes, while correctly priced properties are achieving good levels of viewings and strong offers,” said Olivia Phillips, Local Market Negotiator.
Open Market
The Open Market has also seen a positive start to the year, with transaction volumes increasing noticeably.
There were 28 Open Market transactions during Q1 2026, compared to 16 in the same quarter last year. The raw median realty price stood at £1,494,188.
Transaction levels are encouraging and continue to reflect Guernsey’s appeal to off-island buyers seeking security, stability and quality of life.
“We’ve seen strong levels of enquiry and viewing activity continue into 2026, with buyer confidence remaining positive. Guernsey continues to attract people looking for both lifestyle and long-term security, and the increase in transaction numbers this quarter is particularly encouraging,” said Sophie Ephgrave, Open Market Director.
Rentals
The rental sector continues to experience sustained pressure from demand, with prices remaining at historically high levels.
The mix-adjusted average rental price increased to £2,170 per month in Q1 2026. This was 0.4% higher than the previous quarter and 4.9% higher than Q1 2025.
Rental price growth continued to outpace inflation during Q1 2026, highlighting the ongoing imbalance between supply and demand in the private rental sector. The bulletin also noted that several newly completed one-bedroom apartments entered the market at the upper end of the rental price range, contributing to upward pressure on average rents.
Looking ahead
The first quarter of 2026 suggests the Guernsey property market has entered the year with renewed stability and confidence. Annual growth has returned to Local Market prices, Open Market activity has strengthened and buyer demand remains healthy across many sectors. Our team has already sold 26 of 37 Open Market homes this year and has currently more than 70 Local Market properties under offer.
With enquiry levels remaining high and agreed sales continuing steadily across both markets, Guernsey property continues to demonstrate resilience and long-term appeal.
View the latest bulletin HERE.
In an increasingly uncertain world, individuals and families are reassessing where they live, work and invest. Rising taxes, political volatility and economic instability across multiple regions are prompting a growing number of people to look for jurisdictions that offer security, predictability and quality of life. Against this backdrop, Guernsey has never looked more attractive.
Recent developments in the UK provide a clear illustration of why relocators are exploring alternatives. The latest UK Budget confirms a significant rise in the overall tax burden, with an estimated £26 billion in new taxes being raised during this Parliament. Income tax and National Insurance thresholds remain frozen, steadily pulling more people into higher tax bands. At the same time, taxes on dividends, savings, property income and high-value homes are increasing, including the introduction of a new “mansion tax” on properties valued over £2 million. For many investors, landlords and internationally mobile professionals, the cost of remaining UK-resident is rising year on year.
The UK is not alone in facing fiscal pressure. Across Europe, governments are grappling with high public debt, ageing populations and the lingering effects of inflation, leading to higher taxes and tighter regulation. In the United States, political polarisation and uncertainty around future tax policy continue to unsettle both individuals and business owners. Elsewhere, geopolitical tensions, conflict in Eastern Europe and the Middle East, and concerns around energy security and supply chains have reinforced the appeal of smaller, well-governed jurisdictions with a track record of stability.
Guernsey stands out as a calm and credible alternative. The island offers a simple, transparent and highly competitive personal tax regime, with a flat income tax rate of 20%, no capital gains tax, no inheritance tax, and no VAT. For those relocating via the Open Market, an additional incentive exists in the form of a tax cap of £60,000 per annum, covering almost all worldwide income for up to four years. The only exception is income derived from Guernsey land or buildings, which remains taxable at 20%. Qualification for the cap is straightforward: individuals must become Guernsey-resident and purchase an Open Market property with sufficient document duty paid, currently equating to a purchase price of around £1.4 million or more.
For internationally minded individuals with overseas income, investments or valuable property interests, this combination of clarity and efficiency is increasingly compelling. Businesses and entrepreneurs are similarly drawn to Guernsey’s corporate environment, where most companies benefit from a 0% rate of corporation tax, helping to underpin the island’s strong finance, insurance and investment sectors.
Beyond tax, Guernsey delivers something many larger jurisdictions struggle to offer: a genuine sense of security and community. Crime rates are exceptionally low, public services are reliable, and the island enjoys political continuity and sound fiscal management. In a world where sudden policy shifts and social unrest have become more common, this stability carries real value.
Quality of life is another powerful draw. Guernsey combines beautiful beaches, dramatic coastal cliffs and countryside with excellent healthcare, high quality schooling and a slower, more balanced pace of life. The island’s mild climate and compact size make outdoor living a daily reality rather than a weekend aspiration, while excellent transport links ensure easy access to the UK and Europe.
Guernsey is increasingly recognised as a safe haven, offering financial efficiency, reassurance and a supportive setting for long-term planning. We’re seeing growing interest from individuals and families seeking greater stability which reflects this momentum.
Following a year in which we sold five times as many Open Market properties as our nearest competitor and secured a 73% market share, the start of 2026 is already shaping up positively.
The release of the latest Guernsey Annual Residential Property Stock Report for year-end 2025 provides valuable insight into the structural foundations of the island’s housing market. The report looks deeper at supply, ownership and how the housing landscape is evolving.
Local Market
The Local Market continues to be defined by limited supply growth and strong underlying demand.
At the end of 2025, there were 26,192 Local Market properties, representing 94.2% of total housing stock. This is an increase of just 0.4% year-on-year.
Overall housing stock increased by a net 62 units during 2025, with 127 new properties created and 65 removed. While positive, this level of growth remains modest relative to demand.
There is a clear dominance of houses and bungalows, which account for over 74% of all homes. Apartments make up just under a quarter of the market. Three-bedroom homes remain the most common property type, accounting for 31.5% of all stock.
“This steady but limited increase in housing stock mirrors what we experience daily. Demand continues to outstrip supply in many key segments of the Local Market. Family homes, in particular, remain highly competitive, and this imbalance continues to support pricing levels despite broader economic pressures,” said Olivia Phillips, Local Market Negotiator.
Open Market
The Open Market remains stable, with only marginal changes in overall supply.
There are now 1,607 Open Market properties, representing 5.8% of total housing stock, virtually unchanged year-on-year.
Open Market homes are typically larger, with nearly a quarter of properties having more than four bedrooms, compared to a much smaller proportion in the Local Market. Houses dominate, making up close to two thirds of all Open Market stock.
“The consistency of Open Market supply reinforces its position as a premium and lifestyle driven sector. With limited stock and strong international appeal, we continue to see sustained interest from relocators looking for stability and quality of life,” said Sophie Ephgrave, Open Market Director.
Rentals
The report also highlights the importance of the rental sector within Guernsey’s housing mix.
At the end of 2025, 26.3% of all properties were privately rented. Apartments make up most of the rental market, particularly one- and two-bedroom units. More than half of Local Market apartments are rented rather than owner occupied.
This reinforces the ongoing pressure on rental availability, particularly for smaller properties and accommodation for key workers.
Housing distribution
The data also provides insight into how housing is spread across the island.
32.7% of all properties are located in St Peter Port, while over 40% of housing is concentrated within the wider Main Centre area. Development outside these areas remains limited due to planning policy.
In terms of ownership, most homes are owner occupied, with a significant proportion owned by residents but not lived in by them. This highlights the continued importance of both the rental sector and second home ownership within the market.
Looking ahead
While the housing stock continues to grow, the pace remains modest. This reinforces a key theme we expect to continue through 2026 – sustained demand meeting constrained supply.
Opportunities to increase housing, whether through new development, redevelopment or policy support, will be critical in shaping the next phase of the market.
The Swoffers Open Market team sold five times more properties than its nearest competitor in 2025 and one in four local market homes. This momentum has continued into 2026, with 17 of 23 Open Market homes already sold and more than 80 Local Market properties under offer. With solid fundamentals and sustained demand, the outlook for the Guernsey property market remains positive.
Read the full report HERE.
Swoffers is delighted to introduce ‘Les Icons’ to the market – a landmark terrace of four new local and open market homes situated above La Vallette bathing pools.
The luxury three-bedroom properties, scheduled for completion in summer 2027, will represent Guernsey’s first-ever cliffside development and will offer truly breathtaking views over La Vallette and towards the neighbouring islands.
The design and planning process was initially challenging, as Swoffers Director Andre Austin explains: “When the original application went in, we discovered, much to our surprise, that the entire cliff face was listed!”
The message from the Environment Department was clear: development would be supported, but only if it meaningfully reflected the history, culture and identity of the island.
Taking inspiration from Mount Rushmore in the USA, the developers identified an opportunity to create something both sensitive and enduring.
Project spokesman Dia Da Mentira elaborated: “Given the topography, it just made sense. We just needed to incorporate a local flavour – something timeless, tasteful, and instantly recognisable. Naturally, we turned to Guernsey icons who could meet the brief both culturally and, importantly, aesthetically.”
The selected figures – described by the team as “unarguably representative” – include local media titan John Fernandez; legendary politician John Gollop, the longest-standing member of the States Assembly; and Neil Inder, widely celebrated for creating the much-loved characters Len and Enid, who dominated the local airwaves in the 1990s. Completing the quartet is renowned independent thinker Matt Le Tissier.
Given the unrivalled location – and the entirely unique nature of the scheme – Swoffers anticipates exceptional demand. No detail has been overlooked. Each property will include a complimentary dryrobe. This allows residents to transition seamlessly from luxury living to sea swimming, and then onward to the café at the bathing pools in a matter of moments.
‘Les Icons’ are available to purchase off-plan (price on application) and are scheduled to launch on 1st April.
Charlie Cox is a well known face in Guernsey’s charitable sector. Her drive to support vulnerable people or those facing any type of challenges began soon after she came back to Guernsey after completing her university degree when she became a listening volunteer with the local branch of the Samaritans.
Fast forward two years and Charlie became director of the charity and found herself spending Christmas in London volunteering at one of the Samaritans’ outreach projects which proved to be an eye opener as she explained:
“The Samaritans took over unoccupied buildings in London and just opened the doors so that anyone who was ‘roofless’ could access some sort of shelter during the Christmas period. Our role was to offer a listening ear to people who were accessing the support and what really struck me was that I was very naive, very sheltered. I grew up in Guernsey, so my exposure to those situations was limited.”
This experience highlighted the complexity of ‘homelessness’ for Charlie and gave her valuable insight for her current role as CEO of the newly established charity At Home in Guernsey.
“I absolutely love working for charities. It’s where I feel most at home and I think we make such a difference collectively as a sector. So when this job came up, it just felt right. Perfect timing, because the housing crisis is all anyone talks about. There are so many myths and stereotypes to bust around homelessness, what it looks like and who experiences it.”
The charity was set up in February 2024 following a research report published by Guernsey Community Foundation on homelessness. One of the report’s recommendations was to set up a bespoke charity with a focus of homelessness, rather than extend the remit of an existing charity.
“It was felt that the issue was under-resourced, under-researched and such a hidden problem in Guernsey that we needed a charity that was going to be its sole focus. There are so many wonderful charities that we work really closely with – Guernsey Welfare, Citizens Advice – but they’ve got other remits that they’re trying to deliver on so this was the best option,” said Charlie.
As well as Charlie, At Home in Guernsey also employs two support workers and the team has two initial priorities. The first is to offer practical support to individuals through its referrals programme. This can provide ‘quick wins’ to improve a situation whether that’s ensuring individuals are receiving the benefits to which they’re entitled, helping them navigate the welfare application process, getting them a tent or food of the day/night, or making sure they are actually on the waiting list for social housing. This is also giving the team valuable insight into the types of situations in which people are finding themselves and some of the root causes.
The second area of focus is the strategic work Charlie and the team are undertaking with the States. The two parties are collaborating to develop a comprehensive overarching delivery and implementation plan to eradicate homelessness in its entirety. For Charlie this long-term holistic approach is absolutely key.
“At the moment we’ve got so many amazing charities and statutory services trying to help people, but everything’s like a sticky plaster.”
So how big is the local homeless situation? Whilst we don’t see large numbers of people ‘sleeping rough’ in the island, there is a general acceptance that there is an issue to address. Currently there are 64 people on the ‘Band One’ waiting list for social housing which has a waiting time of around two years. Band One are people who are deemed ‘roofless’ – those sleeping in tents, doorways, in their cars, in a bunker, without a safe place to call home. However, this could be described as the tip of the iceberg as there are undoubtedly many others who have not applied for social housing and according to the States’ poverty index, there are around 1,000 people experiencing homelessness of some kind. They may be inadequately housed, in overcrowded accommodation or sofa surfing. That’s a sobering one in 60 of the local population facing some kind of accommodation issue.
Shortage of appropriate accommodation forms a significant part of the issue. High demand for and cost of rental properties, a need for more social housing and to improve existing emergency accommodation.
“We talk a lot about beds being blocked in the system. None of the services that we have can function properly; none of them ever have a room because there’s nowhere to move people on to,” said Charlie.
The next major initiative for the charity is the launch of its ‘home share’ project. These projects are run successfully in jurisdictions across the world and aim to create mutually beneficial living arrangements while addressing housing shortages and social isolation, particularly among older adults. At Home in Guernsey is working closely with a London charity to roll out to programme which will basically facilitate and help maintain a relationship between a home owner with spare accommodation and a potential tenant.
Looking further ahead the charity is close to securing a property in need of total renovation but which would eventually provide 15 beds at an affordable rate where people who are experiencing homelessness can have somewhere safe to stay before moving into more permanent accommodation. The property itself would be gifted to At Home in Guernsey and then it will be all hands to the pump to raise funds for its refurbishment.
Charlie is very excited about putting the charity’s plans into action and helping to make a real difference.
“Everything’s going in the right direction. It’s really tempting to put sticky plasters on things. But what we want is that long-term vision so that everything we do is working towards that end goal.”
At Home in Guernsey is Swoffers’ chosen charity for 2025, selected by the team
Random Acts of Kindness Week has once again been a huge success. The week was organised and funded by the Smile for Georgie Foundation, delivered in partnership with Island FM and proudly sponsored on air by Swoffers.
Each day brought a different act of kindness to the island.
On Monday, free taxi rides were provided courtesy of Ian Champion and his wife. On Tuesday, unsuspecting visitors to La Valette Bathing Pools Café enjoyed complimentary hot drinks and food.
On Wednesday, £1,000 worth of vouchers were presented to the Guernsey Welfare Service for staff to distribute to members of our community who need it most.
On Thursday, children supported by Autism and Me Guernsey were treated to free cinema tickets at the Mallard Cinema, bringing plenty of smiles.
The week concluded at the Princess Elizabeth Hospital, where 200 cupcakes were delivered to staff as a small token of appreciation for their service.
As an additional act of kindness, Island FM listeners had the chance to win a £500 voucher for Brittany Ferries, donated by Swoffers, as part of a special on-air competition.
Launched in 2018, the Smile for Georgie Foundation exists to make a tangible difference within the local community through random acts of kindness and smile-raising initiatives. This year’s programme once again demonstrated the meaningful impact these gestures can have across Guernsey.
We are proud to sponsor Random Acts of Kindness Week on Island FM in association with the Smile For Georgie Foundation and we’re grateful for the opportunity to support the charity’s ongoing work within the community.
You don’t need to be a football fanatic to appreciate the transformation the site has undergone to become a state-of-the-art football and events venue at Victoria Park.
Heralding a new era for Guernsey football, the new site, which has a capacity of 3,000 including 600 covered seats, is a triumph for those involved in its development and boasts a quality of facilities of which the island can be proud. The project was privately funded, including substantial investment from the Football Association, the Football Foundation, and local benefactors.
Two people who are well known in local football circles, Rob Jones (the man behind Aztech Soccer and also director of Victoria Park) and his counterpart Tony Vance both played pivotal roles in the development project, which they see very much as a community facility.
“Anybody can rent the pitch and that’s the whole idea behind the community aspect of the project. We want everyone to be able to say that whilst Victoria Park is ‘Guernsey’s home of football’ and it hosts Murattis and all the big Guernsey FC games, that they can play on the pitch too,” explained Rob.
Equally, sponsorship packages range from founder partnerships (appropriately capped at 11) to gold, silver and bronze packages, meaning that a small business or even sole trader could afford to have a branded pitch side board.
The pitch itself is a world-class 3G all-weather surface, the same as that at the Manchester City stadium. With a suite of modern changing rooms for both players and referees – including a Guernsey-themed changing room for any team representing the island irrespective of age – modern training and rehabilitation facilities and physiotherapy rooms, this is definitely Guernsey punching above its weight. Also, with a contemporary restaurant and sports bar on site, the ground has been compared favourably with many sites in the UK, as Tony explained:
“The FA has said this is better than many National League teams’ grounds. They have been blown away when they’ve been over, and they see so many pitches in the UK.”
Guernsey Football Association is based at Victoria Park and runs the facility on a day-to-day basis. Guernsey Football Club now has a permanent base, meaning that it enjoys all the advantages of hosting home games that weren’t possible with its previous nomadic existence of ‘borrowing’ grounds around the island for training purposes. Tony is certain that this has elevated the team’s performance and confidence.
“Our levels have definitely gone up, which is really exciting. It’s the difference between renting or buying a house. Now Guernsey football owns its own house.”
And this ‘home advantage’ is also relevant to the next generation.
“Talking about the youngsters, if you’ve got say an eight-year-old child playing, by the time they reach the Guernsey senior teams they will have probably played on this pitch 100+ times. So the thought isn’t as daunting as coming out for the first time for a big match – the ‘Wembley factor’.”
The next generation is something both Rob and Tony are clearly passionate about which explains their continuing, tireless drive for all things football. Whilst the Aztech Soccer Centre continues to thrive, the business now runs additional soccer schools and one-to-ones from Victoria Park. Through the new facility, Aztech has been able to increase the number of youngsters attending football sessions significantly. Rob’s former employer, Aztec, still sponsors the boot-locker which lends appropriate footwear for any youngster unable to supply his/her own, underlining the community, all-inclusive ethos that underpins Victoria Park.
Looking ahead, there is certainly no shortage of ideas. Rob would love the opportunity to expand local youngsters’ playing experience.
“The icing on the cake would be to get our young players, aged seven to 14, off the island two or three times a year and then get teams back to Guernsey. We could have an island youth cup, maybe starting with the British islands and then expanding into Europe.
“We also have a full-size grass pitch at Victoria Park, which we want to develop for additional tournaments. We are also mulling the concept of holding non-football events here such as concerts and family days. This would make it a true community hub. Of course, we do want to develop the next Alex Scott and the next Maya Le Tissier, but also we want to see as much community engagement down here as possible.”
The Victoria Park project seems to have created a threshold to the next phase of football in Guernsey, both for current and future generations. The numbers speak for themselves. Looking back 20 or so years, there were only two or three individuals employed in football related jobs; now that figure is around 30, three of whom are dedicated to developing the women’s game. With role models like Maya and the recent successes of The Lionesses, there is massive interest from girls coming through the Aztech Academy.
With such an amazing facility open to all in the community and with enthusiasts like Tony and Rob playing such a key part, the future of local football looks bright. Tony summed it up perfectly:
“Victoria Park is an elite venue, but we don’t want it just being used by elite players.”
Guernsey’s property market continues to show resilience across both the Open and Local sectors. While external economic factors influence buyer behaviour, the fundamentals of the island’s market remain strong, underpinned by professionalism, transparency and a close-knit community.
The Open Market
Open Market activity strengthened throughout 2025 and remains steady. Many purchasers are approaching decisions carefully, balancing financial considerations with lifestyle priorities.
“Integrity and professionalism are central to navigating these conditions, says Alex Stuart, Open Market Negotiator. “As a 100% locally owned business, we prioritise honest guidance, high standards and clear communication. In a small island environment, these values are crucial, helping clients navigate both robust and challenging market conditions with confidence. Behind the scenes, we are also embracing new technologies and refining processes to enhance the buying, selling and renting experience.”
The Local Market
The Local Market is showing encouraging strength. Gradual reductions in mortgage interest rates are easing pressure on buyers and sustaining confidence. As borrowing becomes more affordable, activity remains buoyant, opening opportunities for both home movers and investors.
A key development has been the removal of the additional document duty previously applied to investor buyers. This is expected to stimulate further investment in the rental sector, increasing supply and helping to ease pressure in the lettings market.
“Pricing and guidance are everything in the Local Market,” says Scott Ingrouille, Local Market Negotiator. “By giving clear, realistic advice from the outset, we help our clients attract the right interest and achieve successful outcomes in a competitive environment.”
Looking ahead
What motivates us most is building on recent success. The Swoffers Open Market team sold five times more properties than its nearest competitor in 2025 and one in four local market homes. With over four hundred properties now under management demand for rentals remains strong. A stable environment encourages confidence for buyers, sellers and investors. With strong fundamentals and sustained demand, the outlook for Guernsey property remains positive.
Swoffers is proud to continue to support At Home in Guernsey, a charity dedicated to addressing homelessness on the island, with a donation of £10,500 and the sharing of our professional expertise. This contribution will directly fund At Home’s vital support work and the development of their Supported Lodgings programme, offering safe and stable housing to people experiencing or at risk of homelessness.
Understanding homelessness
Homelessness looks very different from the images we often see in the media. While sleeping rough on the streets may come to mind, that represents only 10% of people in the UK experiencing homelessness. In Guernsey, the crisis is largely hidden. Most homelessness involves people sofa surfing, staying in temporary accommodation or hotels, or being squeezed into crowded homes with friends and family.
The latest estimates suggest that over 1,000 people in Guernsey (about 1 in 60 of the population) experience some form of homelessness. The housing crisis, driven by high rents and limited social housing, continues to push more residents into unstable situations.
Charlie Cox, CEO of At Home in Guernsey, has long been a prominent figure in the island’s charitable sector. Her journey began with volunteering for the Samaritans, eventually leading her to direct At Home. Charlie’s experience volunteering in London, where she helped people access emergency shelter, highlighted the complexity of homelessness and shaped her vision for At Home.
“There’s a real stereotype that homelessness happens to people who’ve made poor choices,” says Charlie. “The reality is that it can happen to anyone. Relationships break down, jobs are lost, or rents become unaffordable. We’re talking about people who live in our community, and the thought of anyone without a safe place to call home is heartbreaking.”
A community-powered approach
To combat this, At Home has launched a Supported Lodgings programme. This initiative pairs homeowners who have spare rooms with individuals in need of accommodation. Resident landlords receive rent from lodgers, while each placement is professionally managed to ensure safeguarding and support for both parties. This model not only addresses housing shortages but also reduces social isolation.
At Home is also close to securing a property for full renovation, which would provide 15 beds at an affordable rate as safe temporary accommodation before people transition into permanent housing.
At Home’s approach is deeply personalised. Their clients range from 20 to over 80 years old, representing all backgrounds. Support workers provide practical aid, helping clients access income support or secure emergency shelter, but the emotional support is equally vital. Whether it’s acting as a listening ear or attending intimidating meetings with a client, the team ensures people feel heard and valued as members of the community.
Working together
At Home receives no government funding, they rely entirely on the Guernsey community. Swoffers’ involvement goes beyond the £10,500 donation, we are providing guidance on navigating the rental market, attending viewings, and helping clients present themselves effectively to landlords.
“At Swoffers, we believe in the importance of a strong, inclusive community where everyone has a place to call home,” says Andre Austin, Swoffers Director. “Our team is passionate about property, and we are pleased to share our professional expertise to support At Home in Guernsey. By working together, we can help provide the stability and security that every islander deserves.”
“Having a respected brand like Swoffers support our work has been amazing,” says Charlie.
At Home in Guernsey’s vision is simple yet ambitious: to end homelessness on the island. Through practical support, innovative housing solutions, and strategic advocacy, the charity is working to ensure that no one has to face the fear of losing their home.
For more information and to support At Home, visit: athome.gg
The release of the latest Guernsey Residential Property Prices Bulletin for the fourth quarter of 2025 confirms what we have been seeing: a market that is finding its footing after a monumental year. At Swoffers, 2025 was record-breaking, and as we move into 2026, the early signs give us plenty of reasons for optimism.
Local Market
The Local Market finished 2025 with a significant surge in activity.
- There were 246 Local Market transactions in Q4 2025. This is the highest volume of the year, up from 209 in Q3.
- The mix-adjusted average purchase price stood at £595,820. While this is a slight 0.5% increase over the previous quarter, it remains 1.4% lower than the same period in 2024.
“After our record-breaking 2025, we’ve started 2026 exactly where we left off. Despite a quiet first week of January, we have already agreed 28 Local Market sales so far this year. We reinforced our leading position in 2025, selling one in four properties across the Local Market. However, the market remains price sensitive. Vendors must be realistic with their expectations to secure a successful sale in this environment,” said Olivia Phillips, Local Market Negotiator.
Open Market
The Open Market continues to demonstrate Guernsey’s enduring appeal as a safe and stable jurisdiction.
There were 25 Open Market transactions in Q4 2025, matching the volume seen in Q4 2024 and the raw median realty price was £1,560,000.
“We’re very encouraged by the start of the year. Enquiries and visitor numbers are already high, providing a great platform to build on our 73% market share from last year. We currently have just over £50m of sales agreed. While we are keeping a close eye on the UK political scene, the feedback from those who relocated last year has been fantastic, and we expect many more to follow their lead,” said Sophie Ephgrave, Open Market Director.
Rentals
Demand in the rental sector remains strong, with prices continuing an upward trend.
- The mix-adjusted average rental price rose to £2,162 per month in Q4 2025.
- This represents a 6.1% increase compared to Q4 2024.
- For the fourth quarter, rental price growth outpaced the Retail Prices Index (inflation).
Looking ahead
The removal of extra document duty on secondary residences by the States should help to encourage buy to let investors back to the market. There are still some stock shortages in key areas particularly for larger family homes in the £700k to £1,000,000 bracket.
With solid agreed sales and high enquiry levels across both markets, we believe the future looks very positive for Guernsey property.
