MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
  • Mortgages
  • Property Report
MyHome.ie Blog
  • MyHome Living
  • News
  • RetroFit Hub
  • Buyers Advice Hub
  • Selling
  • Renting
    • Mortgage Learning Center
    • Calculators
    • Best Mortgage Table
  • Property Report
    • All Properties
    • Houses For Sale
    • Apartments For Sale
    • Available To View
    • Overseas Holiday Homes
      • Properties For Auction
      • Upcoming Auctions
      • BER Assessors
      • Property Conveyancing Solicitors
      • Pre-Purchase Surveyors
    • Find Agents
    • All Properties
    • Houses To Rent
    • Apartments To Rent
    • Available To View
    • Share
      • Irish Holiday Homes
      • Overseas Holiday Homes
  • New Homes
    • For Sale
    • To Rent
    • Auction
      • Residential Land
      • Commercial Land
      • Farm Land
      • Farms
      • Sites
    • MyHome Living
    • Buyer Advice Hub
    • Property Report
    • Property Price Register
    • Price Changes
  • Mortgages
    • Rental
    • Holiday Homes
    • Commercial
    • Sharing
Advertisement
  • Home
  • Uncategorized
  • Four out of five houses selling for under €250,000
Uncategorized
Jan 11, 2013 - 10:34

Four out of five houses selling for under €250,000

The MyHome Newsdesk
By The MyHome Newsdesk
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share
Four out of five houses selling for under €250,000

Almost four out of five transactions last year were for less than €250,000, a new study from MyHome.ie has revealed.

With recent reports suggesting that the property market is stabilising our analysis has also shown that Dublin is leading the reported revival.

An analysis of the Property Price Register for the last two years shows that the number of transactions both nationally and in the capital is on the rise.

In total, there were 22,801 transactions nationwide last year with 7,965 of these taking place in Dublin. That means that 35% of the total sales in 2012 took place in the capital up from 32% the previous year.

Advertisement

There were 4,639 more transactions recorded in 2012 than 2011, with just under 47% of this increase taking place in the capital (2,164).

Dublin is also where most of the money is being spent too with almost two thirds (62.8%) of transactions over €250,000 taking place there.

Indeed, of the 193 properties last year that sold for more than €1 million, 159 of them (82%) were in Dublin with 85% of transactions between €750,000 and €999,999 also taking place in the capital.

While the increased level of transactions is a welcome boost to the market, there is still evidence of falling prices, however, with 78.9% of all sales in 2012 costing between €0 and €249,999 – up from 73.6% the previous year.

As well as being a result of falling property prices, the large number of transactions below the quarter of a million euro mark is also likely to be affected by low levels of lending from banks, with just under half of all transactions last year reported to have been by cash buyers.

Advertisement

Do you see these sort of trends continuing in 2013 or will they remain largely similar? Have your say below...

Subscribe to our weekly MyHome Living eZine today

Processing your request...

You are subscribed now!

<

  • Tags
  • capital
  • Dublin
  • Friday Feedback
  • MyHome
  • MyHome.ie
  • Price Register
  • property market
  • property price register
  • transactions
The MyHome Newsdesk
By The MyHome Newsdesk
Share this article
Facebook Share Twitter Share Linkedin Share Email Share Whatsapp Share

Helpful Links

Find your home on MyHome
Read more Articles
Calculate what you can afford to borrow
Welcome to the Retrofit Hub
Advertisement
Advertisement

Related News

What is a Heat Pump?
Uncategorized

What is a Heat Pump?

Feb 27, 2025
Living Cities Initiative
Uncategorized

Living Cities Initiative

Jan 14, 2025
Digital Services Act
Uncategorized

Digital Services Act

Mar 31, 2024
Avant Money and Finance Ireland announce new rates
Uncategorized

Avant Money and Finance Ireland announce new rates

Dec 09, 2021
Average deposit of first-time buyer was €52,000 in first half of the year
Uncategorized

Average deposit of first-time buyer was €52,000 in first half of the year

Dec 07, 2021
Frequent And Popular Searches
MyHome.ie Blog
Help
Jobs
About
Equality Guidelines
Brand Safety
Contact
Terms & Conditions
Cookie Policy
Privacy Policy
Digital Services Act
Sitemap
© Copyright MyHome.ie 2025
Advertisement