Over 700 new residential buildings were under construction in Wicklow in December, according to a new report.
The 'GeoView Residential Buildings Report Q4 2020' found there were a total of 704 properties being built in the Garden County during the final month of 2020.
Nationally, 16,735 residential buildings were under construction, representing a 11.6 per cent increase on the same period in 2019. Of these, the highest number were in Dublin at 2,737. The report suggests the Covid lockdown may have increased construction activity during the month of December.
There were 1,277 residential property transactions in Wicklow in the twelve months to November 2020. Of these, 26.9 per cent were related to new dwellings. The average property price for a house in Wicklow was found to be €381,441. Wicklow, Kildare and Dublin were the only counties with an average price above the national average of €294,184.
The report also provided a breakdown of residential property transactions by area, based on eircodes. 414 transactions were identified in the Greystones areas where the average property price was €488,406. The average price of property sold in Bray was €415,038 and a total of 266 transactions were recorded. In Wicklow, there were 361 property transaction while an average price of €339,335. The Arklow eircode area had 163 transactions with the average price at €217,791.
Around 4.7 per cent of residential properties in Wicklow were identified as apartments. Nationally,there were 191,996 apartments in December, making up roughly 9.4 per cent of the country's 2.04 million resident homes stock.
The report is based on the Geodirectory database which is managed by An Post and Ordnance Survey Ireland (OSi),