Jersey Property Market Analysis 21st March 2025

Welcome to our market update: Jersey Property Market Analysis 21st March 2025

This Week in Jersey Property Sales: The Current Reality Behind Asking Prices

This week’s Jersey property market shows a continued trend of negotiated sales, with many properties selling below their original asking prices. While desirable homes and those with recent upgrades maintain stronger pricing, buyers are increasingly looking for value and room to negotiate. This dynamic reflects a balanced market where sellers need to price realistically, and buyers can find opportunities across a range of property types and locations.

Here’s a closer look at each sale

1. 3 Clos Du Manoir, La Route Du Manoir, St Peter Sold for £810,000. Modern 3-bed, 2-bath home with spacious open-plan living, breakfast bar, and double doors to the garden. Main bedroom en-suite. Includes cloakroom, garage, and parking for two. **Earlier Listing Price: c£965,000**.

2.14 Palace Close – Sold for £605,000. Spacious and recently modernised 3-bed family home in a quiet corner of Palace Close. Offers open-plan kitchen and bright lounge opening to a private garden with sea views. Over 1,100 sq ft with new wet electric heating and a friendly community feel. **Earlier Listing Price: c£639,000**.

3. 39 Jardin Du Hocq, La Rue Du Hocq, St Clement – Sold for £590,000 Modern 2-bedroom home in the popular Les Arches development, St Clement. Offers a spacious lounge, separate kitchen with dining area, utility and WC. Upstairs features two double bedrooms with fitted wardrobes and a house bathroom. Sunny terrace, parking for two, and close to the beach, bus route, and local pub. **Earlier Listing Price : c£715,000**.

4. Malgre Tout, 20 Priory Farm, St Clement – sold for £600,000. Three-bedroom home near Le Rocquier School, ideal for growing families or as a step up the ladder. Includes a spacious reception room, separate kitchen, enclosed garden, garage, and parking. Would benefit from some modernisation. **Earlier Listing Price: c£630,000**.

5. La Bonne Vie (formerly Denmor), 34 Le Clos de la Mare – Sold for £865,000 Fully refurbished and extended, this stylish 3-bedroom family home offers generous living space and contemporary design throughout. Features include an open-plan living area with bi-fold doors, modern kitchen with breakfast bar, ground floor bedroom/home office, and a luxurious principal suite. The landscaped garden includes a covered patio with built-in BBQ and pizza oven—perfect for entertaining. **Original Listing Price: c£995,000**.

Curious about property trends in Jersey? Let’s chat about your home’s value.

Why Choose Alexander Carmine Estates?

With our deep knowledge of the Jersey property market, we’re able to provide insight-driven advice and a proven track record of helping homeowners secure the best possible deals. Whether you’re looking to buy or sell, our team is dedicated to offering personalised service tailored to your needs.

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Many thanks

Danny

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