MODERATE INCREASE IN MONAGHAN HOUSE PRICES CONTINUES

2 July 2015 No Comments by The Northern Standard

The trend of moderate house price growth which was evident in Q1 has continued into Q2 with the national mix adjusted asking price rising by 1.7% – up 6.1% on the year – according to the latest house price survey from MyHome.ie. In Dublin the rate of increase was higher – 2.3% on the quarter and 10.4% on the year.

According to the survey the median asking price of 3 bed semis in Monaghan rose by 2% to €100K, bringing the annual increase to 5.3%. This leaves prices at their highest level in the county since Q2 2013. There was further evidence of the recovery in house prices beginning to spread across the country in Q2 with median asking prices outside Dublin increasing by 5.6%. This was also reflected in the prices of 3 bed semis around the county; they rose in 14, counties were unchanged in 3 and fell in 9.

However the price of 4 bed semis in Monaghan fell by 3.6% to €161,000 although the year-on-year growth was still up by 3.9%.

The mix adjusted asking price for a house nationally is €202K while in Dublin its €282K. For new instructions the ….

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