The Sligo Champion

Average price of three bed has risen

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THE price of an average three-bed semi in county Sligo has risen 4.3% to €107,500 in the last three months, according to a national survey carried out by Real Estate Alliance.

The REA Average House Price Survey concentrat­es on the actual sale price of Ireland’s typical stock home, the three-bed semi, giving an up-to-date picture of the property market in towns and cities countrywid­e to the close of last week.

In Sligo town the price of a three-bed semi has risen 12.5% in the last year to €135,000 (3.8% in the past three months) and homes there now take just four weeks to sell.

“There is less supply of bank and receiversh­ip sales and confidence is increasing gradually,” said Roger McCarrick from REA McCarrick and Sons.

“There is continued evidence of Irish emigrants purchasing in anticipati­on of returning home within the next few years.”

The average semi-detached house nationally now costs €221,843, the Q3 REA Average House Price Survey has found – a rise of 3.1% on the Q2 figure of €215,269.

 ??  ?? Semi-detatched homes in Sligo are increasing in price.
Semi-detatched homes in Sligo are increasing in price.

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