Average Donegal house price now
THE average house price
is Donegal now stands at 145,000, almost a third
(28%) above the asking price at their lowest point
in the recession.
The latest Daft.ie survey shows that prices from
April to June this year were 5% higher than a year
Meanwhile, the figures show that house prices
nationally rose by more than 2,000 a month over the
The 4.3% national increase in the second quarter of
2017 matched the rise seen in the first quarter, the
report states. The national average list price
during the second quarter of the year was 240,000.
This was 11.7% higher than a year previously and
over 75,000 higher than at its lowest point.
The number of properties being listed for sale
continues to rise, the survey reveals.
More than 6,000 properties were listed in May, the
highest monthly total since mid-2008.
Despite this, due to strong demand, the total number
sitting on the market remains "very low", at 22,400
on June 1.
Report author Ronan Lyons said: After two years
where Central Bank rules had capped house price
growth in the capital, the relaxation of those rules
has helped drive prices further up. Whereas
non-urban markets had driven house price growth in
2015 and 2016, Dublin again is seeing increases that
are above the national average."