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Cavan and Killarney see biggest increase in average house prices

Cavan and Killarney saw the biggest increase in average house prices across the country last...
Newstalk
Newstalk

17.43 21 Jan 2017


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Cavan and Killarney see bigges...

Cavan and Killarney see biggest increase in average house prices

Newstalk
Newstalk

17.43 21 Jan 2017


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Cavan and Killarney saw the biggest increase in average house prices across the country last year - while the cheapest homes are said to be in County Longford.

According to the Irish Independent's new property survey - there was a 17% jump in prices in Waterford in 2016, followed by Leitrim on 15% and Galway City on 14%.

House prices in South Wicklow were up by 8% last year - compared to a 3% rise in North Wicklow. The average price in the north of the county stands at €480,000 - compared to €215,000 in the south.

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According to the survey, house prices in Donegal last year rose by 12%.  The average price is now €140,000 for a home.  

Property prices in the Midlands are also continuing to rise. The average price of a home in Westmeath is €215,000 - up 12%, while prices increased by 9% in Offaly to €150,000. In Laois you can buy a home for an average €143,000 - up 8%.

Limerick was the only county in the survey where there was no change in the average house price. 

The most expensive home sold last year was in Dartry in Dublin 6 for over €8m - while the cheapest was €260,000 for a property in Newtownforbes in County Longford.


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