daft.ie

  • House prices nationally rose by 2.7% during the second quarter of 2018, according to the latest House Price Report released today by Ireland’s largest property website, Daft.ie. The average price nationwide during the second quarter was €254,000, 5.6% higher than a year ago. Compared to their lowest point in 2013, prices nationwide have risen by an average of 54% or just over €89,000.

    In Mayo, prices in the second three months of 2018 were 6% higher than a year previously, compared to a rise of 7% seen a year ago. The average house price is now €154,000, 38% above its lowest point.

    In Dublin, prices rose by 1.8% between March and June, meaning that the average price in the capital is now almost €155,000 higher than five years previously. Across each of the other major cities, prices rose substantially in the last three months – by 4.8% each in Limerick and Waterford cities and by 4.7% in Cork and 4.3% in Galway. Outside the main cities, prices rose by 3.2% in the same period, with the largest increases in Connacht-Ulster and the smallest in Munster.

  • House prices nationally rose by 1.3% in the third quarter of 2018, according to the latest House Price Report released today by Ireland’s No.1 property website, Daft.ie. The average price nationwide between June and September was €257,000, 6.6% higher than a year ago. Compared to their lowest point in 2013, prices nationwide have risen by an average of 56% or just over €92,000.

    In Mayo, prices in the third quarter of 2018 were 6% higher than a year previously, compared to a rise of 5% seen a year ago. The average house price is now €153,000, 38% above its lowest point.

    In Dublin, prices rose by just 0.2% between June and September, the smallest three-month gain since late 2016. This was also seen in each of the other major cities, with much more muted price gains in Galway (1.1%) and Limerick (1.0%), and largely stable prices in Waterford (0.2% rise) and Cork city (0.1% fall). Outside the main cities, prices rose by 2.2% in the same period.

    The number of properties available to buy on the market nationwide continues to rise. There were almost 25,000 properties for sale nationwide in September, roughly 1,000 higher than a year previously. The increase in availability is almost entirely driven by Dublin, where stock on the market has improved 40% year-on-year. The rest of Leinster has also seen stock increase (by 7%), while Munster and Connacht-Ulster continue to see availability shrink.

     

  • House prices nationally rose by 2.5% during the first three months of 2018, according to the latest House Price Report released today by property website, Daft.ie. The average price nationwide was €247,000, 7.3% higher than a year ago. Compared to their lowest point in 2013, prices nationwide have risen by an average of 50% or just over €82,500.

    In Mayo, prices in the first three months of 2018 were 3% higher than a year previously, compared to a rise of 11% seen a year ago. The average house price is now €145,000, 31% above its lowest point. In Roscommon prices are up by 4% compared to a year ago, in Sligo 5%, and in Galway County 11%.

    In Dublin, prices rose by 2.3% in the first quarter of the year. This means that the average price in the capital is now €145,000 higher than five years previously. In Cork and Galway cities, prices rose only marginally in the first three months of 2018 (by 0.3% and 0.1% respectively) but are now 59% and 70% higher than their 2013 lows.

    The number of properties available to buy on the market nationwide continues to fall. There were just over 20,000 properties on the market in March. A significant increase in Dublin listings – up from 2,700 a year ago to 3,500 now, largely offset a fall in availability elsewhere. The number of properties on the market outside Dublin is now at 16,800, down 1,000 on a year ago and the lowest on record, for a series starting in January 2007.

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    Kinvara is the most expensive place to buy property in Connacht / Ulster according to a new report.

    The Daft.ie Wealth Report 2018 shows the average home in Kinvara now stands at €318,000.

    Oughterard is the second-most expensive town in Connacht / Ulster at €236,000, followed by Westport where the average house price is €226,000.

    In Galway city, average house prices are now at €274,000, compared to €145,000 in Co Mayo.

    The most expensive place in the country to buy property is in Sandycove in Dublin, where average prices are €910,000 followed by Mount Merrion, Foxrock, Dalkey and Sandymount.

     

     

  • Rents in Co Mayo rose by an average of 11.4% in the year to September 2018 - which was in line with the national average according to the latest quarterly report from property website Daft.ie.

    The average advertised rent in mayo is now €704 per month.

    Rents in Galway were up 16% over the past year to an average of €1,226 per month.

    The biggest increases were in Limerick and Waterford while Dublin remains the most expensive place to rent a property with average rents of €1,968.

  • Rents in Co Mayo rose by just over 9% in the year to December 2017, according to the latest report from property website Daft.ie

    Nationally, rents rose by over 10% last year, while in Mayo, rents were on average 9.1% higher in the final three months of 2017 than a year previously.

    The average advertised monthly rent in Mayo is now 647 euro.

    In Galway city, rents rose by over 12% last year to an average of 1,096 euro.

    Dublin saw an increase of almost 11% in rent prices, which now average 1,822 euro per month.

    Author of the report, economist Ronan Lyons, says the underlying pressure for rising rents remains due to a chronic shortage of available rental accommodation, at a time of strong demand.