15 November 2012
The average cost of dwellings in Jersey is measured by the Jersey House Price Index. This index measures the combined weighted average price of one and two-bedroom flats and two, three and four-bedroom houses.
The report for quarter three (Q3) 2012 shows that:
- the Jersey House Price Index returned to a level similar to that seen in 2011, having recorded an upward fluctuation in the second quarter of 2012
- the mix-adjusted average price of dwellings sold in Jersey in Q3 2012 was:
- about 1% below the annual average for calendar year 2011
- less than 1% higher than in the corresponding quarter of 2011
- the turnover of properties sold in Q3 2012 was a sixth (17%) lower than in the previous quarter and 8% lower than in the corresponding quarter of 2011
- share transfer properties accounted for almost two-thirds of flat sales in Q3 2012, a lower proportion than seen in the first six months of the year
Download House Price Index report for quarter 3 2012 (size 660kb)
gov.je