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Property Prices In Clare Increase By 9% Since Last Year

The average price of a home in Clare has jumped by almost 9% in the last year.

The Daft.ie Third Quarter House Price Report for 2022 shows, however, that despite the increase in costs, the rate of property transactions in Clare continues to rise.

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According to the latest Quarterly Daft.ie House Price Report for 2022 , the mean purchase price of a home in County Clare has increased by 8.6%.

This represents the third largest year on year percentage increase in Munster and the 11th Nationwide.

In perspective, at this juncture 12 months ago, the average price of a home in Clare was 20,000 euro less at 219,189 euro, with the average asking price of a home here now coming in at 239,819 euro.

The largest increase in Clare’s property portfolio comes in the way of one bedroom apartments up 22.5% to an average asking price of 102,000 euro.

While a 7.5% increase in the price of 4 bedroom apartments sees the property type command the same price tag of a larger five bed dwelling at 310,000 euro.

However, despite the rise in prices, the banner county has seen an 18% rise in property transactions in the last 12 months with 161 homes changing hands here since the beginning of the year.

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