This website uses cookies to enhance your browsing experience. By continuing to use this website you are consenting to this.

REA Average House Price Survey Q3 2019

The price of the average three-bed semi in Waterford City rose by 4.9% this year while prices in the county rose by 0.8% according to a national survey carried out by Real Estate Alliance.

Over the past three months Waterford prices remained static throughout the county and city areas, the REA Average House Price Survey found.

The 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 second-hand property market in towns and cities countrywide to the close of last week.

“There is still a shortage of stock in Waterford, but demand has also cooled. This is evident as prices are static. Brexit is definitely having a negative effect,” said Des O’Shea of REA O’Shea O’Toole in Waterford City.

The average three-bed semi-detached house in Waterford city is currently priced at €215,000, and time on the market remains unchanged at eight weeks.

 

“Activity in the market today is quite patchy. The significant media commentary on Brexit is having a noticeable impact, both on vendors considering bringing a property to the market and on buyers considering purchasing,” said Eamonn Spratt of REA Spratt, Dungarvan.

The average price for a three-bed semi-detached house in Waterford county currently sits at €178,000, with time on the market rising this quarter from nine weeks to 10.

The average semi-detached house nationally now costs €235,009, the Q3 REA Average House Price Survey has found – a drop of 0.43% on the Q2 2019 figure of €236,028.

The price of a three-bedroom semi in Dublin’s postal zones fell by an average of €4,500 in the past three months as Brexit uncertainty affects buyers.

Three-bed semi-detached houses in Dublin city registered a third consecutive quarter fall (-1%) since the end of June and have decreased by -3.3% to €428,500 compared to September 2018.

Prices also fell by 1% in the commuter counties in the past three months, with the average house now selling for €246,611 – an annual fall of 0.7%.

After a year of rises to June, agents are citing an uncertainty surrounding Brexit hampering viewing numbers.

Prices in the country’s major cities outside Dublin – Cork, Galway, Waterford and Limerick – remained unchanged in the past three months.

“The highest annual price increases (3.3%) were once again seen in the rest of the country’s towns which rose in selling price by an average of €5,000 in the past year and 0.36% in the past three months to €161,724,” said REA spokesperson Barry McDonald.

 

REA Average House Price Survey Q3 2019

 

 

Our Professional Property Services in Waterford Since 1979

 

 

 

 

 

 

Residential

 

 

 

 

 

Commercial

 

 

 

 

 

Valuations

rea_door_banner_1.jpg

About Us

Residential Property Sales

Commercial Property Sales

Property Valuations

Regulated by RICS

Monday to Friday 9.30am - 5pm.
Closed 1pm - 2pm.

Location

REA O'Shea O'Toole,
11 Gladstone Street,
Waterford City,
Co. Waterford,
X91Y573
00353 51 876 757

Connect with Us

facebook icon greytwitter icon greyinstagram icon greylinkedin icon grey

rics logo

SCSI logo