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Report shows holiday homes and vacant properties account for 12% of Kerry housing stock

Feb 22, 2025 13:25
By radiokerrynews
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Report shows holiday homes and vacant properties account for 12% of Kerry housing stock

Kerry accounts for almost 6% of vacant and derelict homes nationally.

That’s according to figures in the An Post GeoDirectory Residential Buildings Report for the fourth quarter of 2024.

It shows that holiday homes account for 6% of the total housing stock in Kerry, while the residential vacancy rate in the county is above the national average.

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The figures show nationally the residential vacancy rate at the end of 2024 stood at 3.8%.

The rate in Kerry is almost double the national average, standing at 7.1% at the end of the fourth quarter of last year.

Over 1,100 residential address points in Kerry were classified as derelict, this represents 5.7% of the national total, of over 20,000 (20,092) derelict residential properties.

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Almost 700 (699) new residential address points were added to the Geodirectory database in the county in 2024, a year-on-year rise of 23.1%

In December, 608 residential buildings were classified as under construction in Kerry.

Apartments accounted for 3.7% of the total residential stock in the county at the end of December.

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The report shows over 1,000 (1,063) residential property transactions were completed in Kerry in the 12 months to the end of November 2024, 5.1% of which were for new dwellings.

Meanwhile, the average property price in the county was €275,165.

 

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