Thursday, April 11, 2019

DESPITE dropping ever so slightly from this time last year, Kildare is still the fifth most expensive county in Ireland to buy a house, according to the latest figures released this week by Daft.ie

The average price of a three-bed semi – the yardstick property – in the county is €218,500 for the first quarter of 2019, and though this figure is only one of four counties to  show a drop in price at all (0.68 percent), it was still not enough to relegate Kildare prices from dormitory status.

Unsurprisingly, Dublin and Wicklow top the table with an average price of €317k, while Cork and Meath (€235k) are the other counties priced higher that Kildare.

The best value in the nation continues to be Roscommon, where an average three-bed semi is still gettable for a shade under €80,000.

Overall, the average house price in Kildare is €266,000, four percent higher than last year, and five grand richer than the national average of €261,000 – an increase of €15,000 since last year.

This works out as a 70 percent rise on the county’s lowest average house price the Tiger, which was in the summer of 2012.

“On the face of it, the signals from the market in early 2019 appear to be largely unchanged from recent years, with prices rising in all 54 markets (25 parts of Dublin, the four other cities and remaining 25 counties)  in the first three months of the year,” said Ronan Lyons, economist at Trinity, and author of the Daft report.

“However, in many markets, this may be just a rebound following falls in late 2018, driven in large part by the calendar-year basis of exemptions under Central Bank rules. The Dublin market shows a big improvement in availability and a cooling off in inflation. With completions set to increase in coming quarters, a period of much more moderate inflation – at least in Dublin – appears likely.”

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By finian coughlan
Contact Newsdesk: 045 432147

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