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Latest Report Shows House Prices In Clare Climb By 9%

House prices in Clare have climbed by 9% since this time last year.

Signs are appearing that the housing market is stabilising in the county as for the third quarter in a row, the average asking price for a home is €250,000.

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New figures from housing website MyHome.ie indicate minimal price movement in the Clare housing market over recent months.

The average asking price for a home in Clare has risen by €20,000 since this time last year but has remained at €250,000 for approximately nine months.

For a three-bed semi-detached house, the average asking price has risen by 6% since this time last year.

However, it has stayed flat at €229,500 over the last three months.

Similarly, the asking price for a 4-bed semi-detached house is up by €15,000 in the last year but has fallen by €5,000 since March to €250,000.

Meanwhile, the average two-bedroom apartment in Clare will set the buyer back by €145,000 which is up more than 7% from the last quarter.

At the end of June, there were 304 properties for sale in the county which represents an increase of 1%.

The figures reveal that it takes just over three and a half months for a property in Clare to go sale agreed.

Looking at the national picture the average asking price for a house outside of Dublin has increased by almost 5% since the end of March and now stands at €280,000.

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