Monday 23 January 2017

Price Guide: Roscommon

Published 20/09/2010 | 11:01

Roscommon has some of the cheapest new homes in Ireland, with new three- and four-bedroom semidetached properties at less than half of their peak price. The area is cheaper than any other part of the country, except Cavan, where the average price of a three bedroom semi-detached is on the same level.

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Second-hand four-bedroom semi-detached and detached houses in Roscommon are also cheaper than anywhere else at an average of €130,000 and €150,000 respectively.

The county’s market remains stagnant, with few sales taking place and agents reporting a decrease in activity levels over the past four months. The outlook for the local market remains relatively uncertain, with agents in disagreement as to whether or not sales activity will improve, remain unchanged or deteriorate even further over the course of the next six to 12 months.

Despite agents reporting a decrease in the volume of stock currently available, the market remains heavily oversupplied given the scale of construction activity that took place during the property boom, with a significantly large volume of both three and four- bedroom properties up for sale. The average time it takes to get a property sale agreed is as high as 12 months.

New One-Bedroom Apartment

August-2010: €57,500

April 2010: n.a.

Peak Price: n.a.

Change Aug v Apr: n.a.

Change Aug-2010 v Peak: n.a.

Second-hand One-Bedroom Apartment

August 2010: €60,000

April 2010: n.a.

Peak Price: n.a.

Change Aug v Apr: n.a.

Change Aug 2010 v Peak: n.a.

New Two-Bedroom Apartment

August 2010: €67,500

April 2010: n.a.

Peak Price: n.a.

Change Aug v Apr: n.a.

Change Aug 2010 v Peak: n.a.

Second-hand Two-Bedroom Apartment

August 2010: €80,000

April 2010: €100,000

Peak Price: €140,000

Change Aug v Apr: -20pc

Change Aug 2010 v Peak: -43pc

New Two-Bedroom Townhouse

August 2010: €72,500

April 2010: n.a.

Peak Price: n.a.

Change Aug v Apr: n.a.

Change Aug 2010 v Peak: n.a.

Second-hand Two-Bedroom Townhouse

August 2010: €85,000

April 2010: €130,000

Peak Price: €185,000

Change Aug v Apr: -35pc

Change Aug 2010 v Peak: -54pc

New Three-Bedroom Townhouse

August 2010: €90,000

April 2010: €150,000

Peak Price: €190,000

Change Aug v Apr: -40pc

Change Aug 2010 v Peak: -53pc

Second-hand Three-Bedroom Townhouse

August 2010: €105,000

April 2010: n.a.

Peak Price: €185,000

Change Aug v Apr: n.a.

Change Aug 2010 v Peak: -43pc

New Three-Bedroom Semi-d

August 2010: €105,000

April 2010: €170,000

Peak Price: €210,000

Change Aug v Apr: -38pc

Change Aug 2010 v Peak: -50pc

Second-hand Three-Bedroom Semi-d

August 2010: €110,000

April 2010: €140,000

Peak Price: €203,000

Change Aug v Apr: -21pc

Change Aug 2010 v Peak: -46pc

New Four-Bedroom Semi-d

August 2010: €107,500

April 2010: €180,000

Peak Price: €225,000

Change Aug v Apr: -40pc

Change Aug 2010 v Peak: -52pc

Second-hand Four-Bedroom Semi-d

August 2010: €130,000

April 2010: €160,000

Peak Price: €225,000

Change Aug v Apr: -19pc

Change Aug 2010 v Peak: -42pc

New Four-Bedroom Detached

August 2010: €145,000

April 2010: €185,000

Peak Price: €240,000

Change Aug v Apr: -22pc

Change Aug 2010 v Peak: -40pc

Second-hand Four-Bedroom Detached

August 2010: €150,000

April 2010: €203,000

Peak Price: €280,000

Change Aug v Apr: -26pc

Change Aug 2010 v Peak: -46pc

New Five-Bedroom Detached

August 2010: €175,000

April 2010: €205,000

Peak Price: €260,000

Change Aug v Apr: -15pc

Change Aug 2010 v Peak: -33pc

Second-hand Five-Bedroom Detached

August 2010: €210,000

April 2010: €228,000

Peak Price: €310,000

Change Aug v Apr: -8pc

Change Aug 2010 v Peak: -32pc

Irish Independent

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