Friday 27 November 2015

Increase in price of three-bed semis

Published 01/01/2013 | 11:44

CARLOW WAS one of only two counties in the last quarter to experience an increase in the price of three-bed semis.

According to the latest figures from house prices fell nationally by 2.9 per cent in the last quarter of 2012 bringing the annual rate of decline for the year to 14.8 per cent.

The number of houses bought was up by 15.4 per cent while the average asking price nationally is now €201,000, down by 51.5 per cent from peak times.

Carlow was one of only two counties, along with Offaly, to record an increase in the median asking price of its three-bed homes during the last quarter. The asking price for a three-bed semi-detached house in the county now stands at €134,500 - up €2,000 or 1.5 per cent on the third quarter. That was the first increase in prices in the county since the peak of the market was reached for 3 bed homes in the county at €262,250 in Q3 2007.

There was a slight fall of 2.7 per cent, however, in the median asking price of a 4 bed home in the county, which now stands at €180,000.

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