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Clare property prices €100k below average

THE average property price paid in Clare in the 12 months up to June 30 was €133,215, according to the latest GeoView report. This price is well below the €232,862 average for the Republic of Ireland as a whole. It is also well below the average of €168,078 for the counties, excluding Dublin. The GeoView report also shows that there were 1,061 transactions during the 12 months, representing slightly less than 2% of the total residential stock in Clare. Around 88 of the transactions were new dwellings. The report shows that the total stock of residential dwellings in the county increased by 0.5% over the course of the year. The overall vacancy rate in residential property in Clare last year was 19.9%, the seventh highest of the 26 counties in Ireland. GeoView shows that 3.5% of Clare’s residential stock consists of apartments. While this is well below the average of 9%, the average is distorted by Dublin, where the figure …

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