Property sales hit 13 year high

Tuesday 07 January 2020

Property sales on the local market in Guernsey have hit their highest peak since 2007.

Stats from property analytics site Unusualities of Guernsey show there were 879 Local Market sales in 2019, 34 more than in 2018 and over 300 more than when the market was at its lowest point in 2015.

The Open Market also kept up with its good performance in 2018, with 71 sales in 2019 compared to the year's before 75. 

25 of those sales were over £1.5million, and 18 were over £2million.

Swoffers said it negotiated the top ten most expensive individual Open Market sales in 2019. 

"The turbulent political situation across the water in the UK has certainly influenced a number of new clients who have moved to the island in the past year," said Shauna Clapham, Swoffers Director and Open Market negotiator.

"Although Guernsey continues to be somewhat of a hidden secret, we have been continuing to target potential buyers and relocators through our innovative use of digital marketing and by joining delegates from Guernsey Finance on a recent We Are Guernsey marketing trip to Dubai, Singapore and Hong Kong.

"We are optimistic for 2020 as we have sales in the pipeline and offers being considered."

Pictured top: The local market saw its highest sales since 2007.