Welcome to our market update: Jersey Property Market Analysis 24th January 2025.
This week’s sales show buyers negotiating significant discounts, with prices dropping between 3% and 16% below asking.
Reductions were seen across all property types, from luxury homes to cottages, indicating a broader market trend.
Even sought-after locations saw price adjustments, while properties needing renovation had the largest drops.
The market remains active but firmly in buyers’ favour, with sellers adapting to demand.
- Apartment 21, Fort D’Auvergne St Helier was sold for £479,000. Luxury new development – first-floor 2-bed, 1-bath apartment with gated promenade access. Features an open-plan reception, high-spec English Rose kitchen with Minerva worktops, NEFF appliances, and a Caple wine cooler. Stylish Ideal Standard bathroom with Merlyn Ionic shower. Parking for one plus visitor spaces. Listing price was c£515,000
- 4 La Bel Du Monnyi, La Grande Route De St. Pierre was sold for £865,000. Immaculate barn conversion with three spacious bedroom suites in a peaceful rural setting. Features a large lounge with fireplace, fully fitted kitchen/diner, utility room, and a low-maintenance west-facing garden. Parking for three. Private and perfect as a lock-up-and-leave, with country walks nearby. Listing price was c£895,000
- Acacia Cottage, 7 D’Auvergne Lane was sold for £475,000. Charming south coast 2-bed cottage with garden and parking. Spacious reception, 2 functional fireplaces, and great potential for updating. A fantastic alternative to a flat, in a prime location near the beach, shops, and restaurants. Listing price was c£499,000
- Les Cotils Villa La Vallee Des Vaux was sold for £460,000. Charming 2-bed detached house in a picturesque valley. Features a reception room, dining room, kitchen, and under-stair storage. Two double bedrooms and a family bathroom upstairs. Outdoor spaces include a front patio, rear deck, outbuilding, and wood store. Parking for two cars. Listing price was c£550,000
- The Farmhouse, 5 Ville Au Veslet Farm, St Lawrence was sold for £1,650,000. Beautifully restored traditional granite farmhouse with an adjoining cottage, blending heritage with modern eco-friendly design. Features original fireplaces, exposed beams, and a luxury kitchen with marble worktops and a Rangemaster oven. South-facing gardens and parking for eight. Four bedrooms across two properties. Listing price was c£1,700,000
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Many thanks
Danny
