Cayman Islands

What the data says about Cayman Islands

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 the Cayman Islands? The median home in Seven Mile Beach asks $5,175,000; in Cayman Brac East it asks $150,000. Same island, 34.5× 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. See what this is built from What things cost Which bedroom costs the most in the Cayman Islands? Going from 4 bedrooms to 5 adds $2,591,000 to the median asking price — more than any other step on the ladder. What would make this wrong: A 5-bed house is not a 4-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. See what this is built from What things cost Where does a square metre cost most in the Cayman Islands? Seven Mile Beach asks $19,903 per m²; North East Coast / Colliers asks $4,149. The same 100 m² flat differs by $1,575,400 depending only on where it stands. What would make this wrong: Only the listings whose agent published a floor area are in this, and agents measure differently. Condition and outside space are not in it at all. See what this is built from The market How concentrated is the Cayman Islands's market? Three agents hold 42% of everything advertised — 382, 184, 143 listings out of 1,674. 40 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. See what this is built from The market Do agents agree on what a house is worth? 2 properties are marketed by more than one agent here. Both figures are published as given. See what this is built from Renting out Where does renting out pay best in the Cayman Islands? Savannah / Lower Valley shows the widest gap between rents and prices at 10.7% gross, against 7.3% island-wide. See what this is built from This week What has moved in the Cayman Islands this week? 53 listings appeared, 0 had their price cut and 0 went up. We read every agent's site overnight, so this is the week as it happened. See what this is built from

The island most like this one

On asking price and market size, Gibraltar is Cayman Islands's closest match anywhere on this site — a median of £529,000 (£529,000) against CI$525,000 (£461,336), across 1,936 listings against 1,674. Put them side by side

What the same money buys elsewhere

The median Cayman Islands asking price, converted, against other islands' medians.

IslandTheir medianWhat Cayman Islands money buys
SamoaWS$250,0006.7 homes at their median
Dominica$204,5983.1 homes at their median
Belize$235,0002.7 homes at their median
BahrainBD 90,0002.6 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.

The questions people actually ask The market report