The average paid for a home in Jersey now stands at £485,000.
That is 7% higher than at the same time a year ago.
It matches London's average price and is more than double the UK average. It is also around £100,000 more than the Guernsey figure.
Across all property-types, prices have risen by 2% over the past 12 months.
House prices have gone up in three months to October, but flats have dropped in value.
A three bedroom house went for an average £598,000 - up £33,000 on a year ago.
One bedroom flats typically sold for £5,000 less and two bedrooms by £54,000 less. Both still cost more than last autumn though.
In total 417 properties changed hands, meaning turnover was up 14% for the three months and housing market activity was up 5%.
JET offered 'stabilisation funding' as pressure mounts to reverse cap
Fundraiser to replace community smallholding's storm-hit growing tunnel
More Channel Island musicians to get funding for gigs
Daughter of L'Ecume II skipper and former Jersey Reds Captain join police force
Speed limits to be cut on 52 St Ouen roads
Experts identify aspects of Assisted Dying Law that raise issues
Deputy decries £280k unspent IVF funding despite demand
Aurigny promises average Guernsey-Jersey air fare will be £70 one way
Comments
Add a comment