Sunday 4 December 2016

Price Guide: Sligo

Published 20/09/2010 | 11:17

The average price of a new home in Sligo County currently stands at €293,000, after falling by 7pc since last April and by 41pc from the market peak value. Meanwhile, second-hand homes are now 48pc off their peak level.

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Market activity in Sligo appears to be exhibiting some signs of improvement when compared to last April, albeit only relatively modest. Activity in Sligo Town seems to have picked-up, with a steady flow of sales now occurring for three- and four-bedroom properties, although these tend to be at the lower end of the price range for these property types.

It is taking an average of between six weeks and three months for agents to get a sale agreed on a property, which is a relatively impressive turnaround time in the current market environment. It would also appear that Sligo

Town is not suffering from a significant oversupply problem, unlike in some of the other smaller towns and villages in the county.

That said, there is quite a high volume of two-bedroom apartments on the market in the town, as a result of both a lack of interest from prospective buyers and the fact that banks are basically not interested in financing them.

Estate agents in the county are reasonably optimistic about the prospects of a modest pickup in sales activity over the course of the next six to twelve months.

New One-Bedroom Apartment

August-2010: €125,000

April-2010: €100,000

Peak Price: €200,000

Change Aug v Apr: 25pc

Change Aug-2010 v Peak: -38pc

Second-hand One-Bedroom Apartment

August-2010: €102,500

April-2010: €108,000

Peak Price: €205,000

Change Aug v Apr: -5pc

Change Aug-2010 v Peak: -50pc

New Two-Bedroom Apartment

August-2010: €131,700

April-2010: €140,000

Peak Price: €240,000

Change Aug v Apr: -6pc

Change Aug-2010 v Peak: -45pc

Second-hand Two-Bedroom Apartment

August-2010: €116,700

April-2010: €133,000

Peak Price: €250,000

Change Aug v Apr: -12pc

Change Aug-2010 v Peak: -53pc

New Two-Bedroom Townhouse

August-2010: €132,500

April-2010: €150,000

Peak Price: €260,000

Change Aug v Apr: -12pc

Change Aug-2010 v Peak: -49pc

Second-hand Two-Bedroom Townhouse

August-2010: €125,000

April-2010: €143,000

Peak Price: €268,000

Change Aug v Apr: -13pc

Change Aug-2010 v Peak: -53pc

New Three-Bedroom Townhouse

August-2010: €170,000

April-2010: €170,000

Peak Price: €290,000

Change Aug v Apr: 0pc

Change Aug-2010 v Peak: -41pc

Second-hand Three-Bedroom Townhouse

August-2010: €142,500

April-2010: €160,000

Peak Price: €295,000

Change Aug v Apr: -11pc

Change Aug-2010 v Peak: -52pc

New Three-Bedroom Semi-d

August-2010: €171,700

April-2010: €185,000

Peak Price: €320,000

Change Aug v Apr: -7pc

Change Aug-2010 v Peak: -46pc

Second-hand Three-Bedroom Semi-d

August-2010: €168,800

April-2010: €183,000

Peak Price: €335,000

Change Aug v Apr: -8pc

Change Aug-2010 v Peak: -50pc

New Four-Bedroom Semi-d

August-2010: €203,300

April-2010: €220,000

Peak Price: €350,000

Change Aug v Apr: -8pc

Change Aug-2010 v Peak: -42pc

Second-hand Four-Bedroom Semi-d

August-2010: €193,800

April-2010: €215,000

Peak Price: €363,000

Change Aug v Apr: -10pc

Change Aug-2010 v Peak: -47pc

New Four-Bedroom Detached

August-2010: €265,000

April-2010: €270,000

Peak Price: €400,000

Change Aug v Apr: -2pc

Change Aug-2010 v Peak: -34pc

Second-hand Four-Bedroom Detached

August-2010: €227,500

April-2010: €260,000

Peak Price: €410,000

Change Aug v Apr: -13pc

Change Aug-2010 v Peak: -45pc

New Five-Bedroom Detached

August-2010: €307,500

April-2010: €345,000

Peak Price: €550,000

Change Aug v Apr: -11pc

Change Aug-2010 v Peak: -44pc

Second-hand Five-Bedroom Detached

August-2010: €260,000

April-2010: €323,000

Peak Price: €500,000

Change Aug v Apr: -20pc

Change Aug-2010 v Peak: -48pc

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