Market Reports & Updates

Why Correctly Pricing Real Estate Matters More in Cayman Than in Other Markets

In the Cayman Islands, real estate is one of the pillars of the local economy and an integral part of daily life. The movement of the property market influences where people live, how they invest, and how they plan for the future. From beachfront condominiums to canal-front homes and private retreats, buying property here represents both a preferred lifestyle choice...

Expected Changes in Cayman Islands Real Estate for 2026: What Buyers and Sellers Should Know

As the Cayman Islands enters 2026, the real estate market is showing clear signs of balance and maturity. After several years of rapid price growth and strong post-pandemic demand, this year is expected to be shaped less by acceleration and more by adjustment. And with buyers and sellers approaching decisions with greater care, market fundamentals are once again taking center...

Cayman Islands Real Estate Market Update: Trends and Predictions for 2026

Despite a period of global economic caution, the Cayman Islands real estate market closed 2025 with a strong and steady performance, supported by a wide range of available inventory and consistent buyer engagement. Based on the latest statistical report from CIREBA, the local market continued to demonstrate resilience, with 1,439 active listings across all property categories, carrying a combined value...

Cayman Islands Real Estate Market Update: Q1 2025 Shows Strong Buyer Confidence

If you're looking into buying and investing in Cayman real estate, you should already know that it continues to stand out as a prime destination compared to its Caribbean counterparts. In fact, the first quarter of 2025 has started on a strong note, with solid sales activity in residential properties and raw land, offering plenty of opportunities for both homebuyers and...

Cayman Islands Real Estate Market Yearly Report 2024

Bolstered by sustained interest across various property categories, the Cayman Islands real estate sector showed exceptional strength and steady expansion throughout 2024. Even amid global economic uncertainties, the market held firm with 1,855 active listings collectively worth approximately $3.46 billion. Additionally, 1,362 new properties entered the market, representing a total value of $2.22 billion. Completed sales reached 809 transactions, generating...

Cayman Homes for Sale: Hot Properties for Q4 2024

As we enter the last quarter of 2024, Cayman Islands’ luxury real estate market has been building momentum, with high-end buyers eager to enjoy a taste of paradise in the coming holiday months. "Roughly 80 per cent of our buyers are foreigners and with a close U.S. Presidential race this year, many North American buyers — our largest demographic —...

Hot Properties for Sale in the Cayman Islands – Summer 2024

Summer marks an ideal time to invest in the Cayman Islands real estate market. Known for its stunning beaches, vibrant community, and favorable tax environment,  Cayman offers numerous opportunities for those seeking a tropical haven or a lucrative investment. The summer season brings a unique charm, with pleasant weather, clear skies, and a quieter market, making it a perfect period...

Cayman Islands Real Estate Market Tops $500 Million in Sales in Q2 2024

The Cayman Islands real estate market has begun 2024 on a high note, demonstrating impressive performance in the first half of the year. According to the Cayman Islands Real Estate Brokers Association (CIREBA), the market opened with over 200 sales totaling more than US$250 million in the first quarter alone. This achievement marked a record high for Q1 volumes and...

Cayman Islands Real Estate Market: 2023 Year in Review

Despite initial concerns about a slowdown in property sales at the beginning of the year, the Cayman Islands real estate market has proven to be resilient, exhibiting strong sales and pricing performance throughout 2023. Real estate experts observe that property values have remained stable throughout the year, despite increased carrying costs, primarily influenced by the global rise in insurance premiums...

Grand Cayman Homes for Sale – October 2023

Are you looking for the perfect residence or holiday home in the Cayman Islands? Look no further than Grand Cayman, a stunning destination known for its pristine beaches, crystal-clear waters, and luxurious lifestyle. Moving into the last quarter of 2023, you will still find a wide selection of beautiful homes for sale on this tropical paradise that might just make...

Cayman Islands Real Estate Market Recap for 2022

2022 proved to be the second most active year for property sales in the Cayman Islands with 877 properties sold to the tune of over US$ 992-million. This astounding performance is exceeded only by the record-breaking achievement of 2021 when, for the very first time, the Cayman real estate industry breached US$ 1-billion in property sales in a single year....

Emerging Trends in Cayman Real Estate for 2023

The last two years saw a sizzling hot Cayman Islands real estate market, with property prices setting record highs and a shortage of inventory that could hardly cope with soaring buyer demands. However, in the last quarter of 2022, industry experts predict an inevitable cooling down period for the red-hot real estate market -- not just in the Cayman Islands,...

Cayman’s Hot Properties – Fall 2022

So many choices, so little time. With the demand for real estate in the Cayman Islands soaring to an all-time high, the competition for securing prime property has become fiercer than ever, especially since the number of available properties is still much lower than it was prior to the pandemic. To help interested buyers and investors zero-in on some of...

Our Favorite Properties for Sale in the Cayman Islands

Team ERA Cayman takes pride in our brokers and agents who all have a deep, personal knowledge of the islands’ residential neighborhoods -- an immense resource they have always relied on in helping clients find their dream property in the Cayman Islands. As the Cayman real estate industry continues to perform exceedingly well and the prices of properties continue to...

Cayman Islands Real Estate Prices

Armed with a record-breaking revenue of $1.43 billion dollars in 2021, the Cayman Islands real estate industry is bracing for a continued surge in the demand for property on its prime residential areas, with market value expected to rise in relation to a steadily dwindling inventory. “When something goes on the market, it sells within days,” says ERA Cayman Islands...

New Year, New Real Estate: Our Top Picks for 2022

Cayman’s real estate industry welcomes 2022 with a bang, thanks to its sterling performance the previous year, highlighted by the record-breaking sale of a majestic beachfront villa that made it to Mansion Global’s 10 Housing Record Setters of 2021. Now on Phase 5 of its border reopening plan, the country has reopened its skies to global air service, welcoming back...

Cayman Islands Real Estate Market finishes strong in 2021

Even while international borders remained closed for over a year due to coronavirus restrictions, the Cayman Islands real estate industry still managed to beat the odds and perform beyond expectations. In its most recent property market review, the Cayman Islands Real Estate Brokers Association (CIREBA) provided a statistical report that revealed properties amounting to USD $1.78-billion dollars as actively listed,...

Cayman Islands Real Estate Outlook 2021

2021 opens with high market demand, exciting new developments As world travelers anticipate the reopening of the Cayman Islands, much interest has already been rekindled in the purchase of vacation homes or real estate investments in a country that is largely considered one of the safest places in the world in the wake of the global coronavirus pandemic. Despite earlier...

CLPG Celebrates Diminishing Foreclosures as the Economy Rebounds

Article Snapshot: As the economy continues to improve, the number of foreclosures in the Cayman Islands are steadily declining. According to the Cayman Islands Real Estate Brokers Association, in 2018 there were 67 forced sales on homes, land plots and businesses. In 2015, there were 116. Jeanette Totten, President of CIREBA and owner of CLPG confirmed that the diminishing amount...

Cayman Seeing Steady Population Growth

The Cayman Islands Government recently released some labor statistics and the numbers tell a tale of population growth in the tiny island nation. (more…)