Cayman Real Estate Market: Q4 2024 Year End Review
The Cayman Islands real estate market remained strong in The Cayman Islands real estate market remained strong in 2023 and 2024, with total listing values rising from US$3.44 billion to US$3.51 billion and transaction volumes increasing significantly. Luxury sales continued to dominate, including a record-breaking US$25 million transaction. While rising interest rates slowed activity in lower-priced segments, 2025 is expected to bring further growth amid limited supply and strong global demand. Cayman remains a prime destination for real estate investment.2024, with total listing values rising from US$3.44 billion to US$3.51 billion and transaction volumes increasing significantly. Luxury sales continued to dominate, including a record-breaking US$25 million transaction. Mike Joseph discusses the overall market activity for 2024 and shares what he expects for 2025.