The price of the average second-hand three-bed semi-detached home in Kerry has increased by 16% in the past year.
That’s according to the Quarter 1 REA Average House Price Index.
The average three-bed semi in Kerry is now selling for €355,000, an increase of 0.4% in the first three months of the year.
The average Killarney prices were unchanged this quarter at €395,000; that represents an annual rise of 9.7%.
However, selling prices in Tralee rose by 1.6% to an average of €315,000; that’s a 26% increase on March last year, when average homes were selling for €250,000.
Donal Culloty of REA Coyne and Culloty, Killarney says there are some signs that new houses may come on market at the end of 2025, which may help ease the current supply issues.
Nationally, the report found the actual selling price of a three-bed, semi-detached house across the country rose by 2.5% in the past three months to over €338,800.
The REA Average House Price Index shows that across the county, 45% of purchasers were first-time buyers, while a total of 35pc of sales in the county this quarter were attributed to landlords leaving the market.
