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Two house price reports show varying results on Kerry’s property market

Jan 8, 2024 13:10 By radiokerrynews
Two house price reports show varying results on Kerry’s property market
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Two new house price reports have been released today with varying results on Kerry’s property market.

The Real Estate Alliance’s survey found the average cost of a three-bed semi-detached home in Kerry, based on actual sale prices, is €302,500, up 3% over the previous year.

The MyHome.ie Property Report shows the average asking price of a three-bed semi-detached house in Kerry was €192,500 in the last quarter of 2023, down 3.3%.

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The Real Estate Alliance’s survey found that the price of an average second-hand three-bed semi-detached house in Kerry is predicted to increase by 3% this year.

The cost of one now, based on actual sale prices, is on average €302,500, up 3% over the past year, according to the Q4 REA Average House Price Index

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Donal Culloty of REA Coyne and Culloty, Killarney says average Killarney prices increased by 2.9% last year to €360,000, while Tralee prices rose by 4.3% to €245,000.

First time buyers made up 65% of the market in Q4, with 10% of sales coming from outside the county, and 25% of sales attributed to landlords selling properties.

 

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The MyHome.ie Property Report shows that in Kerry, house prices in general rose by 2.2% to €235,000.

The average asking price of a three-bed semi-detached house in Kerry was €192,500 in the last quarter of 2023, down 3.3% over the previous year.

A two-bedroom apartment in Kerry was on average €220,000 between October and December, up almost 26% (25.71%) over the course of a year.

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There price of a four-bedroom semi-detached house in the county rose 2% over the past year to €245,000.

 

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