ArubaMay 2026 · 6 min read

Sun, Sand and Scarcer Supply

A third fewer houses came to market on Aruba from January to May than a year earlier, and the cheaper ones thinned fastest. Asking prices held: the median for the five months barely moved.

Angelo Willems · MercalaLast updated 1 November 2026
Market briefs

Aruba as a whole

Fewer houses came to market, and the median ask held

20252026
New listings, May3829 (−24%)
Median ask, May$463,000$663,000 (+43%)
New listings, Jan–May195129 (−34%)
Median ask, Jan–May$559,000$569,000 (+2%)
Under $400,000, Jan–May6429 (−55%)
$1m and above, Jan–May4230
Price per m², Jan–May (listings)$3,611 (127)$2,772 (102)

Houses first listed in 2025 had been on the market a median of 325 days by the end of May (594 listings).

From January to May, 129 new houses came to the Aruban market, against 195 in the same months of 2025. The median ask for those five months was $569,000, against $559,000 a year earlier. Fewer houses, at much the same price.

May on its own reads differently: 29 new listings at a median of $663,000, up 43% on last May. That is one month on a small sample, and the five-month figure does not follow it. The clearer change is at the cheaper end. 64 houses asked under $400,000 in the first five months of 2025; this year 29 did.

Month, 2025 → 2026ListingsMedian ask
January50 → 32$585,000 → $628,246
February18 → 18$745,000 → $490,000
March30 → 31$385,000 → $530,000
April64 → 22$649,878 → $619,762
May33 → 26$420,000 → $666,696

Months are compared on the same brokerages as the five-month totals, so May reads 33 → 26 here.

Most of the year's shortfall came in two months. January brought 18 fewer houses than a year earlier and April 42 fewer. February and March were level.

Aruba is listing a third fewer houses than last year, and less than half as many under $400,000. The median ask has not moved.

Noord / Tanki Leendert

The largest district lost the most listings, and asked the same for the rest

20252026
New listings, May126
Median ask, May$556,910—
New listings, Jan–May8149 (−40%)
Median ask, Jan–May$675,000$663,000
Under $400,000, Jan–May217
Price per m², Jan–May (listings)$3,961 (59)$3,889 (40)

Houses first listed here in 2025 had been on the market a median of 284 days by the end of May (270 listings). A dash means too few listings to quote a reliable median.

Six new houses came to market in the north in May, against twelve a year earlier. Three of them were already pending by the time of observation: a $410,000 house in Alto Vista, a $450,000 house in Tanki Leendert and a $663,000 house in Washington. The dearest asked $2,999,000 in Palm Beach and Malmok.

Over five months the district listed 49 houses against 81, the largest fall in absolute terms on the island. The median ask stayed where it was, $663,000 against $675,000, and so did the price per square metre. What went missing is the cheaper end: 21 houses under $400,000 last year, seven this year.

The north listed 40% fewer houses than a year earlier and asked the same for them.

Its main zone · Residential, with landscape value

Residential, with landscape value covers 41% of Noord / Tanki Leendert’s ground, more than any other zone of the island’s spatial plan. How the zone did across the island is read further down.

Oranjestad

A smaller fall in listings, and a lower median

20252026
New listings, May1310
Median ask, May$449,500$660,196
New listings, Jan–May4939 (−20%)
Median ask, Jan–May$645,000$595,000
Under $400,000, Jan–May136
Price per m², Jan–May (listings)$4,067 (28)$2,771 (26)

Houses first listed here in 2025 had been on the market a median of 365 days by the end of May (129 listings).

Ten new listings in May against thirteen, at a median of $660,196. Four of the ten were in Sabana Blanco and Mahuma, two of them asking $1.2m or more, and the cheapest of the month asked $420,000 near Eagle Beach.

Across five months Oranjestad listed 39 houses against 49, a smaller fall than the north's, and its median ask came down from $645,000 to $595,000. Houses under $400,000 halved, from 13 to six.

Oranjestad lost fewer listings than the north, and its median ask came down further.

Its main zone · Urban residential

Urban residential covers 34% of Oranjestad’s ground, more than any other zone of the island’s spatial plan. How the zone did across the island is read further down.

Paradera

Thirteen houses in five months, at a lower median

20252026
New listings, May12
Median ask, May——
New listings, Jan–May2213 (−41%)
Median ask, Jan–May$617,988$533,700
Under $400,000, Jan–May53
Price per m², Jan–May (listings)$3,562 (13)$2,317 (12)

Houses first listed here in 2025 had been on the market a median of 285 days by the end of May (77 listings). A dash means too few listings to quote a reliable median.

Two new listings in May, at $647,000 in Piedra Plat and $1,150,000. Too few for a monthly median.

Over five months Paradera listed 13 houses against 22, and the median ask eased from $617,988 to $533,700. Its 2025 houses have moved among the fastest on the island, a median of 285 days on the market by the end of May.

Paradera listed fewer houses, at lower asks, and its houses do not wait long.

Its main zone · Residential, with landscape value

Residential, with landscape value covers 38% of Paradera’s ground, more than any other zone of the island’s spatial plan. How the zone did across the island is read further down.

Santa Cruz

The only district listing as many houses as last year

20252026
New listings, May48
Median ask, May—$417,500
New listings, Jan–May1920 (+5%)
Median ask, Jan–May$399,000$413,960
Under $400,000, Jan–May109
Price per m², Jan–May (listings)$1,822 (11)$2,594 (18)

Houses first listed here in 2025 had been on the market a median of 275 days by the end of May (58 listings). A dash means too few listings to quote a reliable median.

Eight new listings in May against four, at a median of $417,500. Six of the eight were in Cashero, from $389,500 to $1.75m. The two cheapest, at $195,531 and $278,212, were in Papilon, and the second was already closed at the time of observation.

Santa Cruz listed 20 houses from January to May against 19, the only district to keep pace with last year. Its median ask, $413,960, is the lowest of any district with enough listings to quote, and nine of the island's 29 houses under $400,000 were listed here.

Santa Cruz is the one district where supply held, and it now holds nearly a third of the island's cheaper houses.

Its main zone · Rural area

Rural area covers 31% of Santa Cruz’s ground, more than any other zone of the island’s spatial plan. How the zone did across the island is read further down.

Savaneta

Four houses in five months, two of them above $1m

20252026
New listings, May72
Median ask, May——
New listings, Jan–May154
Median ask, Jan–May$330,000—
Under $400,000, Jan–May91

Houses first listed here in 2025 had been on the market a median of 365 days by the end of May (38 listings). A dash means too few listings to quote a reliable median.

Two new listings in May, both in Pos Chikito, at $1,450,000 and $2,995,000. A year earlier Savaneta listed seven houses in May.

Over five months the district listed four houses against fifteen. Last year nine of its fifteen asked under $400,000, and its median was $330,000. This year one did.

Savaneta used to supply the island's cheaper houses. This year it listed four, and one under $400,000.

Its main zone · Residential, with landscape value

Residential, with landscape value covers 28% of Savaneta’s ground, more than any other zone of the island’s spatial plan. How the zone did across the island is read further down.

San Nicolas

One listing in May, on a year of four

20252026
New listings, May11
Median ask, May——
New listings, Jan–May94
Median ask, Jan–May$184,270—
Under $400,000, Jan–May63

Houses first listed here in 2025 had been on the market a median of 360 days by the end of May (21 listings). A dash means too few listings to quote a reliable median.

One new listing in May, a house in Juwana Morto asking $390,000.

Four houses have been listed in San Nicolas since January, against nine in the same months of 2025. Three of the four asked under $400,000. Last year the district's median was $184,270, by a wide margin the lowest on the island.

San Nicolas still has the island's cheapest houses, and fewer of them are coming to market.

Its main zone · Urban residential

Urban residential covers 19% of San Nicolas’s ground, more than any other zone of the island’s spatial plan. How the zone did across the island is read further down.

Aruba as a whole

The main residential zone is where the cheaper houses went missing

Zone, Jan–May 2025 → 2026ListingsMedian askUnder $400k
Residential, with landscape value117 → 92$549,000 → $597,00040 → 18
Urban residential20 → 16$307,000 → $446,15213 → 7
Town centres12 → 0$575,309 → —2 → 0
Rural area17 → 9$589,000 → $625,0007 → 1
Tourism zones15 → 5$1,350,000 → —0 → 0

Marine areas, nature and parks are left out. 7 of this year's 129 listings sit there, in a minor zone, or have no location.

Aruba's spatial plan sorts the island's ground into zones by what may be built on it. A district says where a house is. A zone says what kind of place it is allowed to be.

Read this way, the shortfall of cheaper houses has an address. Listings under $400,000 fell by 35 across the island, and 22 of those were in the main residential zone, where they fell from 40 to 18. The town centres listed no houses at all in the first five months, and the tourism zones five.

Most of the island's missing cheaper houses were missing from its main residential zone.

Residential, with landscape value

Fewer houses in the island's main housing zone, and fewer cheap ones

20252026
New listings, May2121
Median ask, May$506,000$663,000
New listings, Jan–May11792
Median ask, Jan–May$549,000$597,000
Under $400,000, Jan–May4018
$1m and above, Jan–May2320
Price per m², Jan–May (listings)$3,764 (82)$2,964 (73)

These are the low-rise neighbourhoods that cover most of the settled island, where the plan limits building to keep the character of the place. Seven in ten new house listings sit here: 92 from January to May, against 117 a year earlier, at a median of $597,000, up from $549,000.

May brought 21 new listings, as many as last May. Over five months, houses under $400,000 fell from 40 to 18 while those at $1m and above hardly changed.

Of the 35 cheaper listings the island lost this year, 22 were lost here.

Urban residential

Still the cheapest zone, with a median that passed $400,000

20252026
New listings, May94
Median ask, May$316,000—
New listings, Jan–May2016
Median ask, Jan–May$307,000$446,152
Under $400,000, Jan–May137
Price per m², Jan–May (listings)$2,309 (16)$2,170 (14)

A dash means too few listings to quote a reliable median.

The built-up neighbourhoods around the two towns, where the plan allows the densest housing. 16 houses were listed here from January to May against 20, and the median ask rose from $307,000 to $446,152.

It remains the zone where a house under $400,000 is most likely to appear, but there were seven of them this year against thirteen. May brought four new listings, from $390,000 in San Nicolas to $780,000 in Oranjestad.

The urban zone still has the lowest asks on the island. Its median is now above $400,000.

Town centres

No houses listed in the town centres this year

20252026
New listings, May10
New listings, Jan–May120
Median ask, Jan–May$575,309—

The two town centres and the Oranjestad harbour front are zoned for mixed use, and few houses come to market there. Twelve did from January to May last year, at a median of $575,309. This year none did.

The centres added no houses to the market in the first five months.

Rural area

Nine rural houses, one of them under $400,000

20252026
New listings, May42
New listings, Jan–May179
Median ask, Jan–May$589,000$625,000
Under $400,000, Jan–May71
Price per m², Jan–May (listings)$3,253 (12)$2,450 (8)

Land the plan keeps for agriculture and low-density housing. Nine houses were listed here from January to May against seventeen, at a median of $625,000, above the island's $569,000. Seven rural houses asked under $400,000 in the first five months of 2025. This year one did.

The countryside is no longer where the cheaper houses are.

Tourism zones

Five houses in five months, none under $400,000

20252026
New listings, May20
New listings, Jan–May155
Median ask, Jan–May$1,350,000—
$1m and above, Jan–May84

A dash means too few listings to quote a reliable median.

The coastal strip the plan sets aside for hotels and vacation accommodation. Five houses were listed here from January to May against fifteen, four of them at $1m or more. No house in this zone asked under $400,000 in either year.

The tourism zone is a separate market, and it listed a third as many houses as last year.

What the numbers do not say

These are asking prices, not transactions. What a buyer finally pays is not visible in listing data, and on an island this size the gap can be wide.

A single month is a small sample. Half the districts took two new listings or fewer in May, and their monthly medians are left blank for that reason; the five-month figures carry more weight. Direction is more reliable than magnitude. Price per square metre uses built-up area and only the listings that state it, shown in brackets. The $400,000 line is a marker for the cheaper end of the market, not a measure of what a household can afford.

Time listed counts the days from a house's first observation to the day it left the market, or to the end of May for houses still listed then. Districts and zones both come from each listing's location. A zone says what the island's spatial plan allows on that ground; it does not describe the house that stands there.

Questions about the data or the analysis? Write to info@mercala.org.

Based on Mercala data covering active Aruban brokerages. Analysis measures new house listings (first observed within the analysis window) located on Aruba, sale contracts only, priced at $50,000 or above in USD equivalent. All prices normalised to USD via Mercala's price history function, which applies exchange rates prevailing at the time of observation. Year-on-year comparisons use Mercala's proprietary coverage function to normalise market activity and mitigate distortions: comparisons are restricted to brokerages with verified continuous coverage in both compared periods. Time listed measured on the 2025 listing cohort up to 31 May 2026. Price per square metre uses built-up area where the listing states it. Oranjestad combines Oranjestad West and East; San Nicolas combines San Nicolas North and South. District boundaries: Aruba Government GIS. Zones: Ruimtelijk Ontwikkelingsplan (ROP) 2019; marine areas, nature and parks are left out. Data current as of 1 November 2026.