Wicklow People

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Property prices across county fell in recent months

However, numbers of house viewings remains strong


Karl Tracey of REA Forkin

Karl Tracey of REA Forkin

Karl Tracey of REA Forkin

Two separate housing surveys have revealed property prices in Wicklow falling over the past number of months.

The latest MyHome.ie Property Report in association with Davy states that property prices in Wicklow have fallen by €2,000 over the last quarter.

The price of a three-bedroomed semi-detached house in County Wicklow fell by 0.8 per cent over the past three months, according to a national survey carried out by Real Estate Alliance. However, agents in the county are reporting a larger than expected increase in enquiries since they reopened their doors after lockdown.

The MyHome.ie Property Report for Quarter Two shows that the median asking price for a property in the county is now €335,000. This represents an increase of €6,000 compared to this time last year.

However, despite this overall trend, asking prices for a three-bed semi-detached house in the county increased by €1,000 in the quarter to €316,000. Prices for this house type are down by €6,500 compared to this time last year.

Meanwhile, the asking price for a four-bed semi-detached house in Wicklow fell over the quarter by €7,000 to €428,000. Prices in the segment also dropped by €7,000 compared to this time last year.

The number of properties for sale in Wicklow on MyHome.ie fell by 11 per cent in the last quarter and was down 34 per cent on this time last year.

The average time for a property to go sale agreed in the county after being placed up for sale now stands at nearly seven and a half months.

The price of the average three-bed semi in the Garden County fell by 2.4 per cent to €283,000 in the past year, the REA Average House Price Survey has found.

Karl Tracey of REA Forkin in Bray, North East Wicklow, and Wicklow town, said: 'Viewings are currently very strong, and purchasers have a lot of confidence in the market. Houses with home offices are highly sought after, and broadband speed has become very important for homes in rural Ireland.

'There is a surge of new home developments in the North Wicklow area which is keeping second-hand prices at a steady level, allowing for a small decrease this quarter.'

REA Forkin reported that the average three-bed semi prices fell by 4.8 per cent to €300,000 over the last year in North East Wicklow, with a 1.9 per cent drop this quarter.

Average Bray prices fell by 4.3 per cent over the past year, and 1.47 per cent this quarter, to €335,000.

Wicklow town reported a 3.1 per cent fall over the past 12 months to €310,000, with prices remaining static this quarter.

Time to sell increased by one week in North East Wicklow this quarter to 16 weeks, while in both Wicklow town and Bray it remained unchanged at 15 weeks.

REA Murphy of Blessington and Baltinglass reported that house prices rose by 3 per cent in Baltinglass over the past year to €175,000, remaining unchanged this quarter. Time to sell in the area rose from 12 weeks to 16.

Blessington prices remained at €295,000 since this time last year, and time to sell in the area increased from eight weeks to ten this quarter.

Online Editors