GalwayBayFM

Majority of home sales in Galway in last quarter were first-time buyers

Share this article
Majority of home sales in Galway in last quarter were first-time buyers

A survey has found that the majority of homes sold in Galway in the past few months were bought by first-time buyers.

Meanwhile 20 percent of sales in the county, and 15 percent in the city were attributed to landlords leaving the market.

The REA national survey shows the price of the average second-hand three-bed semi in Galway city and county rose by just 0.5 percent - reaching €400,000 in the city for the first time, and to €315,000 in the county.

The average time taken to reach sale agreed in Galway this quarter was four weeks.

Advertisement

Nationally, house price inflation slowedfrom 8.7 per cent at the end of 2025 to a 5.8 per cent yearly rise.

 

Galway Bay FM News

Galway Bay FM News provides trusted, comprehensive coverage and analysis of local, national, and international stories.

Tune in every hour, Monday to Friday, 7am to 6pm, with breakfast updates at 7:30 and 8:30.

Catch the multi-award-winning FYI Galway from 5pm for all your news and sport, along with traffic and business information.

Download the Galway Bay FM app to get the latest stories on the go and stay connected on Facebook, Instagram and X

Advertisement