independent

Saturday 19 April 2014

Confidence returns to Clare

Ennis town in Clare

CLARE

Ennis, Ennistymon, Kilrush, Shannon

No change

One Year Forecast: Up 10%

Average Price: €135,000

Assessing Agent: Sherry Fitzgerald McMahon

The Market:

The Banner County has fared better than many counties on the Atlantic seaboard due mainly to its proximity to Limerick, Shannon and Galway, where many of its residents work.

Confidence has returned over the past six months with significant amounts of stock coming onto the market for the first time in years. It would appear that vendors are finally releasing properties – albeit slowly – fearful of holding off any longer in case this is as good as it gets.

However, availability of stock is still historically low and guide prices are regularly achieved and even surpassed in some cases. Activity has been improving since the second half of 2013.

For the coming year good family properties will be in demand in average rather than larger sized, with better finished homes most sought after.

The Prices:

2-bed Apartment:

Jan 2013: €50,000

Jan 2014: €50,000

Jan 2015: €55,000

2-bed terrace:

Jan 2013: €70,000

Jan 2014: €70,000

Jan 2015: €77,000

3-bed terrace:

Jan 2013: €85,000

Jan 2014: €85,000

Jan 2015: €93,500

Ex-corporation 3-bed:

Jan 2013: €55,000

Jan 2014: €55,000

Jan 2015: €60,500

3-bed semi in town:

Jan 2013: €110,000

Jan 2014: €110,000

Jan 2015: €121,000

3-bed semi out of town:

Jan 2013: €90,000

Jan 2014: €90,000

Jan 2015: €99,000

4-bed semi in town:

Jan 2013: €140,000

Jan 2014: €140,000

Jan 2015: €154,000

4-bed semi out of town:

Jan 2013: €110,000

Jan 2014: €110,000

Jan 2015: €121,000

4-bed detached:

Jan 2013: €190,000

Jan 2014: €190,000

Jan 2015: €209,000

5-bed detached:

Jan 2013: €220,000

Jan 2014: €220,000

Jan 2015: €242,000

3-bed bungalow in town:

Jan 2013: €135,000

Jan 2014: €135,000

Jan 2015: €148,500

3-bed bungalow outside town:

Jan 2013: €125,000

Jan 2014: €125,000

Jan 2015: €137,500

4-bed bungalow in town:

Jan 2013: €155,000

Jan 2014: €155,000

Jan 2015: €170,500

4-bed bungalow out of town:

Jan 2013: €136,000

Jan 2014: €136,000

Jan 2015: €149,500

Detached 2000+ sq ft:

Jan 2013: €275,000

Jan 2014: €275,000

Jan 2015: €302,500

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