REA survey

  • The price of the average three-bed semi-detached house in Co Mayo has remained unchanged over the past year  - according to a national survey carried out by Real Estate Alliance.

    Mayo prices were static at an average of €160,000.

    The REA Average House Price Survey shows prices in Mayo remain stable and demand is reasonable.  Buyers interested in relocating from the UK are active in the market.

    Westport prices were static this quarter and three-bed semi-detached houses are currently on the market at an average of €252,000, while the average time taken to sell increased from eight weeks to ten.

    Prices for the average three-bed semi-detached house in Castlebar remained unchanged this quarter at €160,000, with time on the market remaining at 12 weeks.

    The average semi-detached house nationally now costs €235,009, according to this survey - down almost half of one percent since the second quarter of this year.

     

     

  • The price of an average three-bedroom semi-detached house in Co Mayo fell by 4% over the past year, to €153,500 - according to a new national survey by Real Estate Alliance.

    Prices in Castlebar fell by over 4% over the past year to an average of €153,500, while Westport prices fell by 6.7% to €235,000 in the last year.

    The survey also shows that, despite fears of a downturn in the market during the Covid-19 crisis, the price of an average 3-bed semi in Mayo remained unchanged over the past 3 months.

    Local estate agent Robert McGreal of REA McGreal Burke Castlebar and Westport says Covid-19 restrictions have had an impact on the volume of sales, but pricing is steady and business has been encouraging since they reopened.