Asking prices for homes in Kerry rose by 4% in a year.
That’s according to MyHome.ie’s quarter 1 property report, which analyses the trends based on the asking prices of properties advertised on the site.
The report found that it’s now taking just under 11-weeks on average to reach sale agreed; this is a historic low.
This report shows that in the year to the first quarter of 2025, asking prices for homes in Kerry rose by 4% to €245,000.
It found the median asking price for a 2-bedroom apartment was €172,500 in the first quarter of this year; that’s a drop of almost 6% (-5.48%) compared to the last quarter last year and it’s also a 3% (2.99%) increase compared to the same period last year.
The cost of a three-bed semi-detached house in Kerry in the first quarter of this year cost €210,000; that’s a drop of over 2% compared to the previous quarter and it’s an almost 8% (7.69%) increase when compared to the same period last year.
In Kerry a four-bed semi-detached house costs €248,000 during the first quarter of this year; that’s down almost 2% (-1.78%) when compared to the last quarter of 2024 and it’s a 15% increase when compared to the first quarter last year.
The report found there were just 10,800 home listed for sale on MyHome.ie at the end of March, which the report authors say is a record low.
Nationally, asking prices rose by 1.7% in the first quarter of this year with asking price inflation continuing at robust levels across a range of areas in Munster; in Clare prices were up 11% to €295,000 and they rose by 10% in Limerick to €275,000, while in Waterford city asking prices rose by just 3% to €185,000.