Average asking price for houses in Kerry rose six percent in a year

The average asking price for houses in Kerry has risen over six percent in a year.

That’s according to the latest report from property website Daft.ie for the second  quarter of the year.

The average asking price for residential property in Kerry now stands at €179,683.

That’s a jump of over five per cent compared to the previous three months and is up almost 28 percent from the property crash.

The average asking price for a one bed apartment is €63,000; an annual increase of 11 percent.

A two bed terrace house stands at €81,000; also up 11 percent.

A three bed semi detached house is €119,000: up 9 percent.

€225,000 is the average asking price for a four bedroom bungalow; up 6 percent.

And a five bed detached house is at €254,000; an almost 9 percent increase.

Meanwhile, supply still isn’t meeting demand when it comes to the number of houses for sale across the country.

The latest report from Daft.ie also shows that although the number of properties for sale is rising, it is 11 percent lower than the same date in 2016.

The report also found that house prices nationally have risen by more than two thousand euro a month over the last 12 months – with the average price now at 240,000 euro.

The average asking price for houses in Kerry has risen over six percent in a year.