3rd Quarter 2018 House Prices

This 3rd quarter has produced more transactions than any other 3rd quarter since 2010. Compared to last years 2017 3rd quarter of 365, this one has produced 417.

  • on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q3 2018 was 2% higher when compared with the year ending Q2 2018
  • on a quarterly basis: 
    • the seasonally adjusted mix-adjusted average price in Q3 2018 was 1% higher than in the previous quarter and 6% higher than the corresponding quarter in 2017 (Q3 2017)
    • houses recorded higher mean property prices when compared with Q2 2018, whilst flats recorded lower mean property prices when compared with Q2 2018
    • all property types saw an increase in mean price on the corresponding quarter of 2017 (Q3 2017) and generally remained at levels greater than seen throughout 2017
  • the turnover of properties was 14% higher than the corresponding quarter of 2017
  • overall housing market activity, on a rolling four-quarter basis, was 5% higher than in the previous quarter
  • on a rolling four-quarter basis, rental prices in Jersey increased by 3% during the year ending Q3 2018 when compared with the year ending Q2 2018
House Price Index report for third quarter of 2018