THE asking price sought for houses in Clare has more than doubled since the lowest point of the crash, the latest property price report from Daft.ie shows. Its research showed that the average price for a property advertised on daft.ie in the second quarter of the year was €241,191. This was an increase of 5.2% on the first quarter of the year and of 14.2% on the second quarter of last year, while it is an increase of 101.7% on the lowest point of the crash. An average one-bed apartment in Clare now costs €99,000, 22.7% higher than it was in the second quarter of 2021. A two-bedroom terraced house typically costs €121,000, up by just over 20% year on year. A three-bedroom semi-detached house now costs on average €168,000, up 17% year on year, while a four-bed bungalow now costs €309,000, up 10%. A five-bedroom detached house now costs on average €325,000, up by 14% since the second quarter …
Read More »House prices down in Clare
Property prices outside Dublin registered their first quarterly increase since 2007 but not in Clare, which experienced the biggest fall in asking prices in Munster in the past year. ACCORDING to the latest Daft.ie House Price Report, the average asking price for properties outside of Dublin increased during the first three months of the year; the first quarterly rise since mid-2007 according to the report. Nationally, the average asking price is now €177,000, up 3.5% from the same time last year and down 53% from the peak. In Clare, however, prices in early 2014 were 9% lower than the same time in 2013, compared to a fall the previous year of 12%. The average house price here is now €130,000, 58% below peak levels. The latest figures show that the greatest fall year-on-year in asking prices here is in the one-bedroom apartment category which has fallen to €44,000, a drop of nearly 19%. The prices asked for five-bed detached homes …
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