6 April 2018 No Comments by The Northern Standard

Property prices in Monaghan have risen by €10,000 in the last year, according to the latest Property Report in association with Davy. The report for Q1 2018 shows that the median asking price for a property in the county now stands at €150,000. This is up €3,000 or 2% from the previous quarter at the end of 2017 but is also up 7.1% from €140,000 at the same stage last year.

The latest price increase has left the asking price for a home in the county back at its highest level since standing at €155,000 almost five years ago in Q2 2013. The increase over the past 12 months has been reflected in the rise in the asking price of 3 bed semi-detached homes in Monaghan.

While prices for this property type remained unchanged in the first three months of 2018 at €150,000, yearon- year prices are up 11.1% from €135,000 at the start of 2017. Prices for this house type in the county haven’t been as high since 2011. There was also a rise in the asking price of 4-bed semidetached houses in Monaghan in the first quarter of the year. These were up 8% from €176,000 to €190,000. This rise contributed…

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