What the data says about Bermuda
Not opinions — arithmetic. Each of these came out of the registers and the listings themselves, and each links to the page it was computed from so you can check it. 7 of them today.
Geography
Where is the biggest price gap in Bermuda?
The median home in City of Hamilton asks $2,400,000; in Sandys, Bermuda it asks $250,000. Same island, 9.6× the price.
What would make this wrong: It compares what is on the market, not like for like. An area of large houses will always beat an area of flats, whatever the land underneath is worth.
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What things cost
Which bedroom costs the most in Bermuda?
Going from 3 bedrooms to 4 adds $1,050,000 to the median asking price — more than any other step on the ladder.
What would make this wrong: A 4-bed house is not a 3-bed house with a room added — it is usually a bigger plot in a different place. This is the price of a different kind of home, not the price of a bedroom.
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Development
Where is Bermuda actually being built?
City of Hamilton accounts for 13% of every new dwelling proposed on the island — 142 of 1,136.
What would make this wrong: Proposed, not built. One large scheme can carry a whole parish, and a refusal or an abandonment leaves the number standing.
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The market
How concentrated is Bermuda's market?
Three agents hold 64% of everything advertised — 114, 74, 58 listings out of 385. 23 agents share the rest.
What would make this wrong: It counts adverts, not sales. An agency that lists everything it is asked to and one that sells everything it lists look identical here.
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The market
Do agents agree on what a house is worth?
1 property is marketed by more than one agent here. Both figures are published as given.
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Renting out
Where does renting out pay best in Bermuda?
Pembroke shows the widest gap between rents and prices at 12% gross, against 7.4% island-wide.
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This week
What has moved in Bermuda this week?
17 listings appeared, 2 had their price cut and 3 went up. We read every agent's site overnight, so this is the week as it happened.
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The island most like this one
On asking price and market size, Liechtenstein is Bermuda's closest match anywhere on this site — a median of CHF 900,000 (£824,402) against $1,295,000 (£948,301), across 336 listings against 384. Put them side by side
What the same money buys elsewhere
The median Bermuda asking price, converted, against other islands' medians.
| Island | Their median | What Bermuda money buys |
|---|---|---|
| Samoa | WS$250,000 | 13.9 homes at their median |
| Dominica | $204,598 | 6.3 homes at their median |
| Belize | $235,000 | 5.5 homes at their median |
| Bahrain | BD 90,000 | 5.4 homes at their median |
Converted at the previous day's reference rates. It compares medians, not like-for-like houses — an island of flats will always look cheap against an island of villas.