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While you are looking
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.
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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.
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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.
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