By how much have house prices risen on Bonaire?

In 2022, house prices on Bonaire reached their highest level since they were first measured in 2011. During this period, home values rose by 79.3 percent. In 2022, prices increased by 20.2 percent year on year, and total house sales rose from 135.2 million dollars to 136.4 million dollars.

Show datatablePrices of homes, Bonaire (2011=100)Hide datatablePrices of homes, Bonaire (2011=100)

Prices of homes, Bonaire (2011=100)

Year	Index
2011	100.0
2012	102.7
2013	102.3
2014	102.2
2015	95.2
2016	110.5
2017	109.4
2018	133.0
2019	135.5
2020	148.1
2021	149.2
2022	179.3

However, the number of transactions on the island did not increase in 2022. A total of 333 homes were sold, compared with 351 in 2021, which means that the total number of transactions actually dropped by 5.1 percent. Generally, the number of mortgages is higher than the number of housing transactions. This is because people sometimes refinance their current mortgage, take out an additional mortgage for renovations, or buy a vacant lot (which is excluded from housing transactions).

The numbers of housing transactions and mortgages were approximately the same in 2021, but in 2022 there was a slight divergence.

Show datatableHousing market, BonaireHide datatableHousing market, Bonaire

Housing market, Bonaire

Year	Transactions	Mortgages
2011	155	320
2012	151	344
2013	168	277
2014	156	266
2015	150	248
2016	215	345
2017	214	323
2018	327	466
2019	266	417
2020	182	318
2021	351	358
2022	333	382

Variations in number of dwellings sold in each district

In some districts, the number of transactions increased compared to 2021. This was the case in the Entrejol and Tera Coranoot1 districts, where the number of transactions increased by 39 percent and 11 percent, respectively.

In the districts of Nikiboko and Playa, on the other hand, the number of transactions decreased by 34 percent and 33 percent respectively, relative to 2021.

Show datatableThe number of transactions per district, BonaireHide datatableThe number of transactions per district, Bonaire

The number of transactions per district, Bonaire

Year	Tera Cora	Noord Saliña	Playa	Entrejol	Nikiboko	Rincon
2011	31	44	33	32	11	4
2012	37	34	42	19	16	3
2013	33	33	40	21	31	10
2014	42	39	31	24	16	4
2015	28	50	44	15	7	6
2016	60	66	44	22	16	7
2017	43	70	43	30	22	6
2018	130	74	67	30	22	4
2019	87	63	49	44	19	4
2020	56	38	32	27	22	7
2021	88	89	89	33	50	2
2022	98	92	60	46	33	4

Source

More data on house prices Bonaire (Dutch only)