Nassau & Paradise Island, are often considered the gateway to The Bahamas and consist of two islands seperated by Nassau's Harbour. Through our history, this harbour sheltered famous pirates, freed slaves, blockade runnersand rum smugglers but is now the largest cruiseship port in the Caribbean. Nassau is the capital city of The Bahamas and is located on the island of New Providence and offers first-class residential communities from Lyford Cay and Old Fort Bay on the western end to Port New Providence and Palm Cay at the eastern end and lots of other wonderful communities in between. Paradise Island is connected by a bridge over the harbour and is home to the Atlantis Resort, Ocean Club Estates and other condominium developments fronting the harbour.
Nassau’s housing market stayed active this quarter, with 151 new home listings (+12.7% from Q1), reflecting renewed seller confidence. Buyer demand surged, with 106 contracted sales—a 47% quarterly jump and nearly 40% higher year-over-year—though 44 completed sales fell slightly from Q1. Prices cooled, as the median price fell to $552,500 (–26.3%), pointing to a shift toward mid-range activity after luxury-driven highs earlier in the year. Homes took longer to sell, with median days on market rising to 118, though sellers still captured 93.3% of asking prices, showing solid alignment with buyers.
The land market showed even stronger momentum. 75 new listings came online (+53% from Q1), while demand strengthened with 74 contracts signed and 34 completed sales, more than double Q1’s total. Prices held mixed, with the median land price edged down to $132,000. Sellers achieved excellent results with a list-to-sale ratio of 95.9%, one of the highest across the islands, and parcels sold faster with median days on market down to 135.
Explore the full Nassau & Paradise Island Market Report for all insights.
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