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House prices in Clare up 14%

HOUSE prices in Clare in the last three months of 2021 were 14% higher than the previous year, latest figures have highlighted. This compares with a rise of 5% seen a year ago. The average price of a home in Clare is now almost €220,000, 84% above its lowest point. National housing prices rose by 7.7% on average during 2021, according to the latest Daft.ie Sales Report. The average price nationwide in the final quarter of 2021 was €290,998, up 0.6% on the third quarter of 2021 and just 21% below the Celtic Tiger peak. While 2020 saw similar rates of inflation across the Irish housing market, significant regional differences emerged during 2021. The smallest increases were in urban areas. In Galway city, prices rose by 1.6% during the year, while in Dublin, prices rose by 3.4%. In Cork city, prices rose by 5.5% while in Limerick and Waterford cities, the increases were 6.4% and 7.5% respectively. But outside the …

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average house price jumps 8% in 12 months

THE average asking price for a house in Clare jumped by almost 8% between the third quarter of 2016 and the third quarter of 2017, new figures have revealed. It follows a rise of 6% between 2015 and 2016. The average price now sought in the county is just shy of €168,000, 40% above the lowest point of the crash. According to Daft’s figures, the average asking price for a one-bed apartment in Clare is €61,000, while it is €79,000 for a two-bed apartment. The average price for a three-bed semi-detached house is €118,000, it is €223,000 for a four-bed bungalow and a five-bed detached house is €244,000. The report states that prices across the province of Munster as a whole are typically 8% higher than they were a year ago. There are just over 8,000 properties advertised on the site in the province, 8% less than in the third quarter of 2016. Just over half of all properties in …

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