High-end sales are still moving, buyer activity remains strong, and March has opened at an impressive pace.
February was busy both in terms of sales and the properties that went under contract. Several big sales happened, indicating that the high-end market continues to move at a good pace and investor confidence remains strong locally and internationally.
We have seen land prices trend down a bit over the past few months. You’ll see some of that reflected on the sales list, but in the past 30 days there have been 55 price reductions.
In a nutshell, activity is strong, sales are brisk, and we are leaning towards a buyer’s market across the board. We won’t see a drastic drop in the market at all. We’re humming along nicely and will continue the steady course we are on.
As always, let us know if you need anything more about real estate.
Inventory Snapshot
Only 150 properties are over $3M and 96 of those are move-in ready.
Under $3M, there are 705 residences; 472 of those are move-in ready.
Land listings: 488 parcels ranging from US$23M to CI$35,000.
We always know that high season is busy — it goes without saying every year. HOWEVER, this year the sales and activity pace are crazy.
Many high-end sales have happened since the start of 2026, and in February we saw 55 sales, with 10 of those being from US$2.9M and up, and 2 of those 10 were over US$11M.
Isolating Grand Cayman: 1,231 available listings — and not a single parcel of land in CIREBA is priced under CI$100,000.
The market niche that tends to be the busiest is properties up to US$2M: there are 894 homes, condos, parcels of land, businesses and warehouses/commercial properties available.
The figures will make your head spin but honestly there is a limited amount of properties with certain criteria actually available. These range from single family homes under CI$1M (less than 20), land under CI$200,000 (less than 80) and the demanding commercial land (4).
Talk to us about what YOU are looking for and we’ll narrow down the selection for you. The market is literally changing quickly — 12 properties have gone under contract in the first 4 days of March.
Fresh to market in Lower Valley.
MLS# 420517 • Breadnut Way, Lower Valley, Cayman Islands
3 Bed • 3 Bath • 1,880 sq ft
0.29 Acres • Year Built 2019 • Partially Furnished
Concrete Construction • Screened Patio • Large Attic Storage
Low maintenance living inside and out, custom storage, spacious rooms, quality finishes, solid construction throughout, screened in patio, large attic storage, separately fenced dog area, lush soil with mature trees, very well maintained, and a quiet neighborhood.
Two bedrooms offer ensuite bathrooms, the elevation is 12 ft above sea level, and the one-story floor plan makes it a wonderful family home for all ages due to its yard space and solid build.
Priced to sell at CI$367 per square foot. You can’t build this home for this price. Great value for money and fully turn-key.