House Prices in St Ives, Cornwall

# St Ives Property Market Summary

St Ives presents an intriguing property market with 7,027 properties and a current average price of £145,449. However, the historical sales data reveals a notably different picture, with actual transaction prices significantly higher. The market experienced steady growth from £374,007 in 2017 to a peak of £513,051 in 2022, representing a remarkable 37% increase over five years. This surge was particularly pronounced during the pandemic years, with 2021 seeing both the highest sales volume (742 transactions) and substantial price appreciation, likely reflecting the coastal property premium as buyers sought lifestyle changes.

Since the 2022 peak, the market has entered a cooling phase, with average prices retreating to £435,567 in 2024 and £421,883 in early 2025. This represents approximately an 18% correction from the peak, though prices remain well above pre-pandemic levels. Transaction volumes have also moderated from the 2021 high, settling around 400-600 annual sales. St Ives' appeal as a picturesque coastal destination continues to underpin strong property values, though the market is clearly adjusting after the exceptional pandemic-era growth, with buyers and sellers recalibrating expectations in a more normalised economic environment.