Local market rents now average just under £2,200 a calendar month.
The latest States Property Bulletin for the first quarter of 2026 shows that demand over supply is pushing up rental prices.
They are just under 45% more than they were in 2021 and an average rent for a Local Market home is nearly £2,200 a month.
Property sale prices on the Local Market averaged £604,000 which is a rise of 1.4% on the final quarter of 2025 and 4% up on one year ago.
Over five years prices are up just under 20%.
It is taking an average of nine months for a Local Market home to sell and the price achieved is around 8% less than the asking price. 6% are new builds.
Guernsey's Open Market prices have dipped, with the median sale price £400,000 less than one year ago at £1,494,000.
There were 28 sales over the first quarter of 2026.

New pontoons in St Peter Port Harbour
Guernsey's latest crime trends revealed
Man arrested over 'threats to kill' in Guernsey
Jersey and Guernsey both lift trophies in Siam and Muratti weekend
Men pretending to be police arrested for £10K Guernsey convent fraud
Channel Islands' 10 wealthiest residents revealed
85 home planned for Forest site in Guernsey
Sewage outfall failure on Guernsey's east coast
Comments
Add a comment