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Tag Archives: MyHome.ie

Clare residential property prices on the rise

Property prices in Clare have risen by almost €5,000 in the first three months of the year. The latest MyHome.ie Property Report, in association with Davy, for Q1 2018 shows that the median asking price for a property in the county now stands at €175,000. This is up €5,000 or 2.9% on the level it was at, at the end of 2017. Year-on-year prices are also up by the same amount leaving asking prices back at a level they were last at in Q3 2012. Despite the increases, the asking price of a three-bed semi-detached house in the county fell slightly by 0.03% in the first quarter of this year to €149,950. Despite this minor fall, prices remain 5.2% ahead of where they were a year ago when the asking price for a three-bed semi in the county was €142,500. While the asking price of three beds remained almost unchanged, the price of four-bed semi-detached homes in Clare continued to …

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Price increase for four bed semis

Last year was the best year for house price growth in seven years and 2015 will see further price increases, although at more modest levels, according to the latest house price survey from MyHome.ie. According to the report, the price of four bed semis in Clare rose by 4.3% in the last quarter to €138,000. This brings the annual rate of growth to 6.4%. However, the price of three bed semis fell by 4.1% to €105,000. This means that the percentage fall from the peak of the market is almost 61%, which is the biggest decline for this house type in Munster. Caroline Kelleher, DKM Economic Consultants, said that while there was strong price growth in 2014 – the national mix adjusted asking price rose by 2.6% to stand at €194,000 – and strong transaction activity, uncertainty over a number of new developments in the market are likely to dampen the rate of price increase in the coming year. “The …

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