The Agency Market Report Q3 2026

The Agency Market Report Q3 2026

We Need More Inventory
It may seem inconsistent to say we need inventory when, at the time of writing, there are 878 live listings on the TCREA MLS. But the numbers tell a clear story. Transactions are taking place at a slightly faster pace than last year, 256 sales against 253, yet they are happening at a lower price point. The median sale price across all property types has moved from $735,000 to $475,000, and total sales volume is down from $416.4M to $312.1M.
In other words, buyers are here and they are buying. What we need is a connection between the value purchasers in the market are willing to pay and the expectations of sellers.
“Buyers are here and they are buying. What we need is a connection between the value purchasers in the market are willing to pay and the expectations of sellers.”
The inventory we need is not more listings. It is listings that reflect what the market is willing to pay.

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From Concept to Completion to Grand Opening
at The Retreat

  

At The Agency Turks & Caicos, we are proud to represent some of the country's most sought-after developments, helping buyers secure exceptional real estate opportunities from the earliest stages of construction.
The demand for quality pre-construction properties is reflected in the success of our latest exclusive development, The Retreat Turks & Caicos, which has officially opened in Grace Bay following the completion of sales of its 24 residences.
At the Grand Opening on October 1, Sean O'Neill, Managing Partner of The Agency Turks & Caicos, confirmed sales had closed before construction was completed. He described The Retreat as the first project in Grace Bay to be developed, built, marketed, sold and operated by Turks & Caicos Islanders, with local buyers among its property owners. This milestone demonstrates the strength of the pre-construction market and increasing opportunities for local participation in the islands' tourism industry.
As Turks & Caicos continues to attract international attention as a premier luxury real estate destination, The Retreat stands as an example of what can be achieved through local vision, strategic development and strong buyer confidence. The Retreat exemplifies this opportunity, combining individually owned residences with a professionally managed onsite rental programme.
“The Retreat is a prime example of delivering a product for which there was demand, with a plan to bring to market and to achieve the necessary sales for the developer.”
Trevor Musgrove, Managing Partner & Developer of The Retreat

The Agency Turks & Caicos Celebrates 10 Years
Ten years in, The Agency Turks & Caicos has a lot to celebrate. To mark the anniversary, we spoke with our Managing Partner Sean O’Neill about how the market has evolved, where it’s headed, and the 10 standout sales that shaped the team’s success along the way.
“I think our first 10 years have been an incredible success, and I’m really looking forward to the next 10.”

 

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Offering a local’s expertise and true passion for Turks and Caicos real estate, they serve as a trusted adviser throughout every step of a transaction.

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