House prices up by €10,000 in a year

Wexford People - - NEWS -

THE ASK­ING price for a home in Wex­ford is at its high­est level since the end of 2011, ac­cord­ing to a re­cent re­port by My­home.ie and Davy Stock­bro­kers.

While the lat­est sur­vey shows a drop of 1% in house prices na­tion­ally, they are still up 6% over the past 12 months and Wex­ford prices have risen by €10,000 in the pe­riod of time.

The re­port for the third quar­ter of 2018 shows that the av­er­age ask­ing price for a prop­erty in County Wex­ford now stands at €195,000, up 2% from the pre­vi­ous quar­ter, and up 5% (€10,000) from this time last year. It is the high­est av­er­age ask­ing price for houses in Wex­ford since 2011 when it stood at €198,000.

The rise in prices was re­flected in the ask­ing price for a three-bed semi-de­tached house which rose by 3% in the last quar­ter from €160,000 to €165,000. The ask­ing price for a four-bed semi-de­tached house in Wex­ford rose by 1% in the last quar­ter to €190,000. An­nual prices are up 11% on this time last year when they stood at €170,000.

Ac­cord­ing to the re­port, the av­er­age time to go sale agreed on a prop­erty in the county now stands at four months.

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