Our monthly Market Report provides meaningful and valuable information, to empower buyers and sellers who are considering a real estate transaction in Nassau or Paradise Island (Bahamas).

If you're considering selling your property or buying property on Nassau or Paradise Island, it's essential to understand what's happening in The Bahamas' real estate market. Knowing the most important data, such as median and average prices, the number of properties sold, the number of new listings, and the days on the market will better prepare you for selling or buying.

We are happy to share our June 2026 analysis of the Nassau and Paradise Island market. We also encourage you to review our quarterly market reports on Abaco, Eleuthera, Exuma, Grand Bahama and New Providence.

Our market reports provide Morley's interpretation of the data from the Bahamas Real Estate Association MLS. Even though the MLS does not include all real estate sales and related real estate data, we believe the MLS data is reasonable and consistent to be reliable to use to estimate local real estate trends. 

Here's everything that happened in our real estate market last month.

The Nassau housing market in June showed softer monthly listing and contract activity compared to last year, while completed sales and pricing strengthened. Year-to-date trends continue to reflect higher inventory, stronger contract volume, and improved closings, though homes are taking longer to sell overall.

New Listings declined 27.8% year-over-year, with 39 homes brought to market compared to 54 in June 2025. However, YTD new listings remain up 13.4%, increasing to 314 homes compared to 277 during the same period last year, indicating that available inventory has continued to improve throughout 2026.

Contracted Sales decreased 8.8% YoY to 52 homes, down from 57 in June 2025. Despite the softer monthly comparison, YTD contracted sales remain significantly higher, rising 31.5% to
326 homes compared to 248 last year, suggesting that buyer activity remains ahead of 2025 overall.

Completed Sales increased 77.8% YoY to 16 closings compared to 9 in June 2025. On a YTD basis, completed sales are also up 7.7%, rising to 84 closings from 78 last year, indicating that more transactions are successfully moving through to completion.

Market pace slowed during the month, with Median Days on Market increasing 13.6% YoY to 175 days from 154 days in June 2025. YTD figures show the same trend, with median days on market rising 51.1% to 142 days compared to 94 days last year.

Pricing strengthened sharply for the month. The Median Sales Price increased 131.8% YoY to $1,112,500 from $480,000, while the Average Sales Price rose 204.5% to $1,693,498 compared to $556,222 last June. On a YTD basis, pricing trends were mixed, with the Median Sales Price down slightly by 1.3% to $580,000, while the Average Sales Price increased 36.0% to $1,400,154. This suggests that June included a greater concentration of higher-value sales.

The Average List-to-Sale Ratio declined slightly to 93.2%, down 1.4% from 94.6% in June 2025. YTD, the ratio improved modestly to 94.0% from 93.3%, reflecting continued stability in seller pricing relative to asking values.

Overall, June’s housing data reflects a market with stronger completed sales, higher monthly pricing, and continued year-to-date growth in inventory and contract activity. While monthly listings and contracts softened and homes are taking longer to sell, the broader YTD figures continue to show an active Nassau housing market.

The Nassau land market in June showed an increase in new listings and completed sales, while contracted sales declined slightly compared to last year. Year-to-date performance remains positive across most key indicators, supported by stronger inventory, higher transaction activity, improved market pace, and stronger pricing.

New Listings increased 15.4% YoY, with 30 parcels brought to market compared to 26 in June 2025. YTD new listings are also up 13.7%, increasing to 133 parcels compared to 117 during
the same period last year, showing that land inventory has continued to expand compared to 2025.

Contracted Sales decreased 4.9% YoY to 39 parcels, down from 41 in June 2025. Despite the softer monthly comparison, YTD contracted sales remain significantly higher, rising 29.0% to
258 parcels compared to 200 last year, highlighting continued buyer interest in land throughout the Nassau market.

Completed Sales increased 25.0% YoY, with 10 closings compared to 8 in June 2025. On a YTD basis, completed sales are up 32.4%, rising to 45 closings from 34 last year, indicating that more land transactions are successfully moving through to completion.

Market pace improved during the month, with Median Days on Market decreasing 38.1% YoY to 99 days compared to 159 days in June 2025. The broader YTD trend also remains improved, with median days on market down 20.6% to 139 days compared to 175 days last year.

Pricing trends were mixed for the month but remain stronger on a year-to-date basis. The Median Sales Price declined slightly by 0.3% YoY to $157,000 from $157,500, while the Average Sales Price rose 61.0% to $854,120 compared to $530,625 last June. YTD, the Median Sales Price is up 5.3% to $150,000, and the Average Sales Price increased 49.4% to $439,171, reflecting stronger overall pricing across the land market.

The Average List-to-Sale Ratio declined to 88.7% from 91.0%, a 2.5% decrease, indicating that parcels sold further below asking price than they did last year. YTD, the ratio moved slightly lower to 94.1% from 94.4%, a 0.3% decline.

Overall, June’s land data reflects a market with stronger inventory, improved completed sales, faster days on market, and continued year-to-date pricing growth. While contracted sales softened slightly during the month and the list-to-sale ratio declined, the broader YTD figures continue to show an active and healthy land market.

We're able to explain what these numbers mean for you and better guide you to make an informed decision that is best for you based on the current market conditions.