2018 First Quarter Review

2018 First Quarter Review

Cayman’s real estate activity and trends in numbers – Q1 2018.

Following the market statistics can be key to making the correct decision to continue or kick off your property journey the right way. Learn more with us today by reading over these market stats!

CURRENT:
281 condos (US$16.15M – $385,000)
254 homes (US$39.95M – $445,000)
470 land (US$85.5M – $38,000)
37 commercial (US$7.49M – $239,000)

PENDING: (eg closing soon with no conditions)
30 condos (US$4.7M – $156,000)
13 homes (US$6.8M – $122,000)
15 land (US$1.9M – $35,000)

PENDING/CONDITIONAL: (eg further due diligence/mortgage)
94 condos (US$5.6M – $55,000)
48 homes (US$2.65M – $152,000)
73 land (US$5.23M – $24,000)

SOLDS:
85 condos (US$5.75M – $134,000)
43 homes (US$3.05M – $88,000)
55 land (US$4.2M – $19,000)

CAYMAN BRAC & LITTLE CAYMAN:
2 condos (US$750,000 – $175,000)
10 homes (US$445,000 – $133,000)
83 land (US$3.62M – $23,000)

SEVEN MILE BEACH: (Corridor)
226 condos (US$16.15M – $265,000)
61 homes (US$8.95M – $567,000)
42 land (US$26M – $530,000)