What the data says about Vanuatu
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. 5 of them today.
Geography
Where is the biggest price gap in Vanuatu?
The median home in CBD asks VT 420,000,000; in Malapoa, Port Vila it asks VT 150,000. Same island, 2800.0× 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 Vanuatu?
Going from 2 bedrooms to 3 adds VT 37,800,000 to the median asking price — more than any other step on the ladder.
What would make this wrong: A 3-bed house is not a 2-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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The market
How concentrated is Vanuatu's market?
Three agents hold 54% of everything advertised — 173, 170, 122 listings out of 859. 11 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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This week
What has moved in Vanuatu this week?
754 listings appeared, 6 had their price cut and 8 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, St Kitts & Nevis is Vanuatu's closest match anywhere on this site — a median of $435,576 (£318,963) against VT 47,000,000 (£292,470), across 473 listings against 854. Put them side by side
What the same money buys elsewhere
The median Vanuatu asking price, converted, against other islands' medians.
| Island | Their median | What Vanuatu money buys |
|---|---|---|
| Samoa | WS$250,000 | 4.3 homes at their median |
| Dominica | $204,598 | 2.0 homes at their median |
| Belize | $235,000 | 1.7 homes at their median |
| Bahrain | BD 90,000 | 1.7 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.