House prices up 15% in Donegal since last year

written by Staff Writer June 28, 2021

House prices across Donegal are up almost 15% compared to last year according to a new report.

However, in many coastal areas local estate agents are reporting house prices up by more than 30% since the pandemic.

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A new report by daft.ie shows that the average house price in Donegal is up 14.8% while house prices across the country are up an average of 13%.

The average asking price for a house in Donegal is €166,592.

The number of new home transactions in the county within the past 12 months is 64 which is up 28% compared to the same period last year.

According to the Daft.ie report, asking prices are up 18% in Munster, 16.1% in Leinster and 15% in Connacht/Ulster, when compared to the April-to-June period in 2020.

MyHome.ie found that asking prices nationally rose by 6.7%, in Dublin by 4%, and outside Dublin by 7.4% between the first three months of 2021 and the second three.

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It means that nationally, the listed price for an average home is now €303,000, standing at €412,000 in Dublin and €254,000 outside of Dublin, according to MyHome.ie.

But while asking prices are increasing, the supply of homes has remained constrained.

According to Daft.ie, the total number of properties available to buy on 1 June was just above 12,300.

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