Jersey Property Market Analysis 16th May 2025

Welcome to our update: Jersey Property Market Analysis 16th May 2025

This Week in Jersey Property Sales: Market Shows Ongoing Signs of Softening

In recent weeks, the island’s property market has continued to show signs of softening, with a pattern of price reductions and properties selling below initial expectations. While demand remains steady, particularly for well-presented homes in desirable locations, buyers are clearly more price-sensitive, and sellers are adjusting accordingly. This ongoing shift reflects a more cautious, value-driven market, where realistic pricing and strong presentation are key to achieving successful sales.

1.Apartment 4, One St Brelade La Route de Noirmont Sold for £3,750,000. A stunning three-bedroom second-floor apartment in a luxury new development, featuring open-plan living, a high-spec Miele kitchen, private terrace and balcony with bay views. Includes two en-suite bedrooms, dressing room, utility room, double garage, gym access, and concierge service. Prime location near award-winning restaurants and Red Houses amenities. **Earlier Listing Price: c£4,250,000**.

2.19 Le Pre Cadoret, La Rue De Haut Sold for £689,000. Superbly presented 3-bedroom detached house with a modern kitchen, cloakroom, spacious lounge, and conservatory. Includes a single garage (linked), parking for two cars. **Earlier Listing Price: c£699,000**.

3. Le Rocher (formerly ‘Rock Cottage’), La Rue du Mont Pellier Trinity JE3 5JL– Sold for £1,500,000. Exquisite Four Bedroom Family Home in Rural Trinity..**Earlier Listing Price : c£1,850,000**.

4. Notre Reve, 7 Manor Court St Helier JE2 3PS sold for £705,000. Beautifully refurbished 3-bed, 2-bath detached bungalow featuring a modern open-plan living space, front and rear gardens, parking for 3 cars, and a tranquil setting within walking distance to work. **Earlier Listing Price: c£789,000**.

5. The Grey Havens, 3 Grainville Court St Saviour JE2 7GA Sold for £963,500 Stunning 4-bed, 2-bath family home with multiple reception rooms, a wraparound patio garden, and driveway parking for 5 cars—peacefully located at the end of a private drive, close to schools. **Earlier Listing Price: c£1,025,000**.

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