The rate of housing market turnover is an important indicator of housing market conditions. The indicator measures the number of property transactions recorded annually as a proportion of total housing stock. The latter is based on the number of dwellings identified the 2011 census, adjusted each year by the net housing supply.

A number of factors influence housing turnover, including net supply to the open market, the proportion of stock in the rental sector (which tends to turnover less frequently) and overall housing prices. Changes in the turnover rate can directly affect income and employment in related services, including estate agents, lawyers, finance professionals and removals. It can also impact on renovation activity and household retail spending, particularly on goods such as furniture and home appliances.

1,781 properties were sold in Jersey in 2019. This is essentially unchanged compared with 2018 (1,813) but represents a 73% increase on the number of transactions in 201 (1,030).