The Lands and Survey Department (LSD), under the Ministry of Planning, Lands, Agriculture, Housing & Infrastructure (PLAHI), has released the Residential Property Price Index (RPPI) for the Cayman Islands, covering all condo transactions for the first (Q1) and second (Q2) quarter of 2025.
The latest real estate index highlights a trend of steady pricing, reinforcing the Cayman Islands’ property market stability.
In Q1 2025, the index recorded a marginal increase to 244.3, up 0.7% from the previous quarter (242.5) and 0.1% higher than the same period in 2024 (244.1). This minimal movement indicates that property values remained largely unchanged through the early part of the year.
During Q2 2025, the index rose to 249, representing a 1.9% quarterly increase from Q1. On a year-over-year basis, the Q2 2025 figure reflects a modest 0.4% rise compared to Q2 2024, further underscoring the market’s consistent and measured performance.
A table of the quarterly price indexes for George Town can be found by visiting www.caymanlandinfo.ky/Services/VEO/RPPI