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Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

House price report for the second quarter 2021

19 August 2021

The house price report for the second quarter 2021 has been published today by Statistics Jersey.

Summary 

In the second quarter of 2021:
  • on a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q2 2021 was 4% higher when compared with the previous quarter (year ending Q1 2021)
  • on a quarterly basis:
    • the seasonally adjusted mix-adjusted average price was 11% higher than in the previous quarter and 18% higher than in the corresponding quarter of 2020 (Q2 2020)
    • all property types saw their mean price increase compared to the previous quarter
    • a significant number of properties, compared to previous quarters, transacted for greater than £1,000,000, particularly 3- and 4-bedroom houses
  • the turnover of properties was 134% higher than in Q2 2020 and 47% higher than in the previous quarter (Q1 2021) 
  • overall housing market activity, on a rolling four-quarter basis, was 24% higher than in the previous quarter (Q1 2021) and 47% higher than in the corresponding quarter of 2020
  • on a rolling four-quarter basis, advertised private sector rental prices were 1% higher during the year ending Q2 2021 compared with the year ending Q1 2021
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