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 Ephrave, 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.
