Wicklow House Prices Jump 0.3% In The Past 3 Months - Survey

The price of the average second-hand three-bed semi in County Wicklow has increased to €365,000.

This is up 0.3% from €364,000 in the last three months, according to a national survey by Real Estate Alliance.

Across the county, time taken to sell has fallen by one week to a total of five, the Q2 REA Average House Price Index shows.

The survey shows that across the county, 78% of purchasers were first-time buyers, and 5% of purchasers were from outside of the county. 

A total of 8% of sales in the county this quarter were attributed to landlords leaving the market.

Average prices in Blessington increased by 1.4% this quarter to €370,000, while this quarter saw Baltinglass prices remain steady at €250,000.

The REA Average House Price Index concentrates on the sale price of Ireland's typical stock home, the three-bed semi, giving an accurate picture of the second-hand property market in towns and cities countrywide.

The actual selling price of a three-bed, semi-detached house across the country rose by 2.3% in the past three months to €315,352.

Prices in Dublin city rose by 1.6pc in the last three months, meaning that the average three-bed semi in the capital is now selling at €525,500 – an increase of 5.1% in the last year.

Homes in commuter counties rose by 1.81% over the past three months to an average of €327,500 – trebling their increase from the first three months of the year.

Major cities outside the capital rose by an average of over €5,000 in the last three months.

The 1.5% increase is equivalent to an average selling price. 

Homes in the country’s large towns continue to show the biggest growth, up 8.4% on last June and 3.2% this quarter.