2025 Real Estate Sale Grew 5.8 Per cent - Turks & Caicos Sotheby’s Report

Turks & Caicos Sotheby’s International Realty has released its 2025 Year in Review Market Report, revealing a real estate market that has transitioned from post-pandemic acceleration into a more balanced, disciplined, and opportunity-rich phase.

Following several years of unprecedented growth, the 2025 data confirm a clear market recalibration, one defined by informed decision-making, selective buyers, and resilient long-term fundamentals rather than urgency-driven activity.

Total year-to-date sales volume reached $510.5 million across 309 transactions, with an average sales price of $1.65 million. While overall volume declined 27.5% year over year, average selling prices increased 5.8%, underscoring the market’s underlying strength and continued demand for high-quality product.

A Market Defined by Clarity After the Surge

“The era of pandemic-driven urgency is behind us,” said Joe Zahm, President of Turks & Caicos Sotheby’s International Realty. “What we are seeing now is a healthier, more transparent market, one where pricing, value, and long-term confidence matter more than speed.”

According to Zahm, from 2016–2020 to 2021–2025, total real estate sales volume grew from $1.37 billion to more than $3.36 billion, underscoring sustained global demand for lifestyle-driven ownership in Turks and Caicos. That expansion touched every segment, including condominiums, single-family homes, and land.

Segment Performance Snapshot

Single-family home sales totaled $295.1 million, with average prices rising 1.86% to $2.98 million, reflecting resilience at the luxury end of the market. Condominium sales recorded $148.8 million, while average pricing climbed 4.9% to $1.64 million, supported by a strong forward pipeline of $290 million in pending new-development sales.