ISLAND WALK Q1 2026 MARKET REPORT

· by · in ,

MEDIAN PRICE and SALES
The median price of sales in Q1 2026 was down from a year ago, but higher than in the second half of 2025.
Sales were at the highest level since Q3 2022.
The PSF has been in a narrow range since 2023.

INVENTORY
The high number of sales in Q1 had the effect of dropping the months of supply to COVID levels, while the actual number of listings remains below the pre-COVID levels.

SALE PRICE to LIST PRICE
The Sale Price to List Price (at the time of sale- green line) ratio has returned to the pre-Covid around 96%. The ratio to the Original List Price (blue line) has recovered from the 2025 lows, suggesting that sellers are being more realistic in their pricing – and hence properties are selling.