The price of the
average three-bed semi in County Laois rose by 1.5% to €198,000 in the past
three months according to the REA Average
House Price Survey.
The survey concentrates on the actual
sale price of Ireland's typical stock home, the three-bed semi, giving an
up-to-date picture of the second-hand property market in towns and cities
countrywide to the close of last week.
“Time on the market increased for the first two months of this
quarter, and a pickup has taken place in the past fortnight,” said Seamus
Browne of REA Seamus Browne in Portlaoise.Time on the market for the average three-bed semi-detached house rose this quarter from eight weeks to ten.
The average semi-detached house nationally now costs €235,009, the Q3 REA Average House Price Survey has found – a drop of 0.43% on the Q2 2019 figure of €236,028.
The price of a three-bedroom semi in Dublin’s postal zones fell by an average of €4,500 in the past three months as Brexit uncertainty affects buyers.
Three-bed
semi-detached houses in Dublin city registered a third consecutive quarter fall
(-1%) since the end of June and have decreased by -3.3% to €428,500 compared to
September 2018.
Prices also fell by 1% in the
commuter counties in the past three months, with the average house now selling
for €246,611 – an annual fall of 0.7%.
After a year of rises to June, agents are
citing an uncertainty surrounding Brexit hampering viewing numbers.
Prices in the country’s major
cities outside Dublin – Cork, Galway, Waterford and Limerick – remained
unchanged in the past three months.
“The
highest annual price increases (3.3%) were once again seen in the rest of the
country’s towns which rose in selling price by an average of €5,000 in the past
year and 0.36% in the past three months to €161,724,” said REA spokesperson
Barry McDonald.
Ends
Available for interview:
Seamus Browne, REA Seamus Browne, Portlaoise, 087 249 9570
Seamus Browne, REA Seamus Browne, Portlaoise, 087 249 9570
