Average Clare Property Transaction Prices Up 60% In Five Years

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The average price of property transactions in Clare has jumped by nearly 60 percent in the past five years.

The median price of a house sale in this county in July was over €217,000.

Figures from the Central Statistics Office show the average property transaction in Clare back in July 2017 cost €137,500.

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Just five years on and that has risen by €80,000.

 

For first time buyers, it’s even more expensive here – an average of €235,000 back in July, compared to €182,000 in 2017, a jump of nearly 30 percent.

Perhaps just as much of a concern locally will be that July was the quietest month of the year so far for property transactions, with just 18 completed in Clare, much lower than the same month in other years.

That compares to 27 the month prior and a high of 31 back in March.

The value of all property transactions in this county in July total €4.3 million according to the Central Statistics Office.