back to archive2025 A Record Year for Propertyskipper in Bermuda
2025 was another record year for property search on propertyskipper, with Bermuda website traffic growing by 6%, marking a twelfth successive year of growth. This growth comes against a backdrop of continuing pressure on local inventory in both sales and rentals. In Bermuda, advertised sales inventory declined to a record low at the end of the year (since propertyskipper's inception 12 years ago), whilst rental inventory was marginally up over the year from a low in May 2024. Around 60% of Bermuda users now view property primarily on their mobile or tablet which has not significantly changed over the last year. Over half the visitors to the Bermuda site are local, with visitors from USA, the UK and Canada making up the bulk of the remaining traffic.
Managing Director Peter Goodall said; “Given continued pressure on available property inventory, website traffic growth of 6% is an excellent achievement. At the low point at the end of December, propertyskipper had just 79 advertised available residential rentals in Bermuda, and whilst this is higher that the 56 in May 2024, it is extremely low – at the end of 2019 for comparison, there were around 400 advertised rentals in Bermuda at any single time. Advertised sales inventory is currently around 172 properties, significantly down from the 700 sales listings advertised as available in Bermuda at the end of 2019. Given the continued shortage in property inventory locally, we continue to recommend users to sign up for new property e-mail alerts as new listings, both sales and rentals, are attracting a lot of interest from house hunters as soon as they are advertised.”
“We typically see inventory build in the first quarter of the year as individuals reassess their living requirements, although this did not happen meaningfully in 2025, we are unlikely to see these inventory pressures rectify in the early part of 2026. As with last year, domestic property search traffic in 2026 will be driven by any upticks in available inventory, a favourable employment environment and signs of reducing interest rates alongside competitive mortgage offerings.”
