House prices up by €10,000 in a year
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.