At Sibarth Real Estate, we have always prided ourselves on being market leaders and prioritized providing our clients with clear guidance and informed insights. Drawing on our proprietary data and economic intelligence, based on all recorded transactions on the island and enriched by our global network, we offer a unique, inside perspective on the evolution of the luxury property market. Our objective : to provide accurate, transparent information in a market often influenced by speculation and assumptions.
MARKET LEADERSHIP
Over the past decade, the island has experienced significant upward trends in its real estate market. The average sale price of a villa has doubled, rising from approximately €3 million in 2017 to around €6 M in recent years. During this period, Sibarth Real Estate has consistently achieved sales at prices around 70% higher than those averaged on the island, growing from about €5 M to over €10 M today, underscoring our leadership in the luxury segment. This growth reflects both the steady appreciation of property values and a broader shift toward higher-end offerings.
Despite a sharp rise in competition, with the number of real estate licenses doubling over the past decade, Sibarth Real Estate has retained its market leadership, accounting for over 40% of all transactions exceeding €10 M in the last eight years.
TRANSACTION TRENDS :
2021 – 2025 FROM BOOM TO STABILIZATION
In 2021, St Barth experienced a historic surge in real estate activity. Fueled by post-pandemic global liquidity, a strong demand for safe, exclusive destinations, and the island’s successful public health response, the market recorded 113 transactions totaling over €500 M, an all-time high driven by both volume and value.
Following this record year, 2022 saw a modest slowdown with 95 transactions, as much of the prime inventory had already been absorbed. The deceleration continued into 2023, with just 70 transactions. Despite this, total sales volume in 2023 remained comparable to 2021, largely due to the landmark sale of the iconic Rockefeller estate for €120 M, which by itself represented nearly 20% of the island sales that year.
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This cooling phase was driven by a confluence of global factors, including diminished inventory, geopolitical uncertainty stemming from the war in Ukraine, and broader economic volatility.
By early 2024, the market had entered a phase of renewed stability, with the number of transactions rebounding to 94, up from 70 in 2023. Average sale prices remained consistent with prior years, indicating sustained property values despite broader headwinds.
Over the years, the buyer profile, has remained relatively consistent, with approximately 55% of transactions involving clients from the EU and UK, 35% from the US, and the remaining 10% representing a global mix.
2025: A REBOUND DRIVEN BY RENEWED CONFIDENCE
The first half of 2025 has shown clear signs of renewed market strength. Greater political clarity in the US, a favorable exchange rate, and an increase in available properties for sale created the conditions for a robust rebound. At Sibarth Real Estate, we observed a doubling of sales volume in the first half of the 2024–2025 season compared to the same period the previous year, clear evidence of revived buyer confidence, especially among ultra-high-net-worth individuals.
A particularly noteworthy trend in this first half of 2025 has been the resurgence of ultra-prime transactions. Our agency alone has closed three sales around €30 M or more.
CONCLUSION: A MATURING MARKET WITH ENDURING APPEAL
While transaction volumes have fluctuated since the 2021 peak, the St Barth market has proven resilient, with clear evidence of longterm investor confidence. The upward shift in average transaction values and the strong resurgence in 2025 underscore the island’s continued appeal.
At Sibarth Real Estate, our deep local roots and access to proprietary market intelligence allow us to provide unparalleled insight into this evolving landscape. Early indicators suggest that 2025 will be another strong year, affirming the enduring values.
Disclaimer: Data analyzed by Sibarth Real Estate, based on villa and land transactions only.
Main picture for this article: photo by Aloïs Maillet
