4pm brings you the latest property news from the housing market in Ireland. Today`s blog is particularly interesting for anyone who has property for sale in County Kildare.
In 2012 almost one thousand new homes for a combined value of €185.5 million were sold in county Kildare, which makes an average of €192,053 for the 966 house sales registered with the Revenue Commissioners and the Government’s Property Price Register over the 12 months of the year.
Furthermore, the average sales price is above the average asking price recorded in the last quarter of the year, which was €177,642.
The analysis of the property registry also shows that the county`s average housing prices are more than €41,000 above the nation-wide average. With these figures Kildare ranks among the most expensive counties in Ireland, only behind Dublin, Wicklow and some house types in Cork and Galway.
The average asking prices in Kildare was €77,958 for a one-bedroom apartment, €102,045for a two-bedroom apartment, €124,001 for a three-bedroom home, €184,334 for a four-bedroom house and €224,131 for a five-bedroom house.
However, Kildare`s market should not be over-generalized. While some regions achieve very high house prices, other regions are not so lucky.
A widespread assumption is that the areas closest to Dublin achieve higher prices, but this is not quite true. Just take the example of Maynooth in the northwest of the county Kildare. It’s doing better than many areas closer to Dublin.
We hope you enjoyed our daily blog, don’t forget to check back tomorrow to see what property news we’ll have for you then!