Signs prop­erty mar­ket may be sta­bil­is­ing

PRICE OF SOME HOUSES UN­CHANGED IN LAST QUAR­TER

Bray People - - THENOTEBOOK WICKLOW -

THERE ARE signs the prop­erty mar­ket in Wicklow is sta­bil­is­ing af­ter the me­dian ask­ing price for three and four-bed homes re­mained un­changed in the last quar­ter of 2012 from quar­ter 3.

Ac­cord­ing to the lat­est house price sur­vey from MyHome.ie the me­dian ask­ing price of a three-bed semi in the Garden County re­mains at € 225,000 while a four- bed re­mains at €320,000.

The an­nual per­cent­age fall in Wicklow of 8.2 per cent for bed semis is the sec­ond small­est in the coun­try out­side of Dublin, while the an­nual per­cent­age fall of 5.7 per cent for a 4 bed home was the fourth short­est drop in prices na­tion­ally in 2012.

Na­tion­ally house prices fell by 2.9 per cent in quar­ter 4 to bring the an­nual rate of de­cline for 2012 to 14.8 per cent. The num­ber of trans­ac­tions in 2012 was up 15.4 per cent com­pared to 2011, with the av­er­age ask­ing price na­tion­ally stand­ing at €201,000, down 51.5 per cent from the peak.

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