Mid-Year Market Update 2025: Beachfront Sales in New Providence & Paradise Island

Mid-Year 2025: What Adjusted Data Reveals About Beachfront Real Estate in New Providence & Paradise Island

Our analysis of year-to-date beachfront sales in New Providence and Paradise Island highlights key market shifts: longer Days on Market, rising average prices, and a slowdown in transactions.

Note: To better reflect typical market conditions, we removed a $37M beachfront sale in Old Fort Bay from 2024, which had significantly skewed last year’s averages. This adjustment allows for a clearer year-over-year comparison.

Beachfront Homes Are Sitting Longer: DOM Up 50%

The average Days on Market for beachfront homes has increased by 50% compared to the same period last year. This indicates a shift toward more selective buyer behavior and emphasizes the need for precise pricing and presentation.

Prices Are Still Climbing: Average Sale Price Up 52%

Despite longer listing times, the average sale price has jumped by 52%—even after excluding the $37M sale from 2024. High-quality, income-generating properties with prime beachfront access are continuing to attract premium buyers.

Transactions Down 32%: A Cautious Market Emerges

With a 32% drop in transactions, the pace of the market has clearly slowed. This likely reflects broader global caution and a more measured approach to investment—especially among international buyers.

What Sellers Should Do Now

In this market, sellers of beachfront homes need to:

• Price realistically based on current buyer behavior

• Present properties in their best light

• Leverage strategic marketing targeting global high-net-worth audiences

Opportunities for Buyers in Paradise

For buyers, the extended DOM presents a chance to negotiate or secure added value. Properties with rental potential and long-term lifestyle appeal remain highly desirable, but there's more time and flexibility to make smart decisions.

In Summary: Precision and Strategy Are Key

With prices rising and sales slowing, this is not a market of volume—but of value. Whether you're buying or selling in New Providence or Paradise Island, local expertise, data-driven strategy, and targeted outreach are essential.

Data courtesy of the Bahamas MLS. While efforts have been made to ensure the accuracy and reliability of the information presented, it is important to note that the data may be subject to limitations, inaccuracies, or variations over time.