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Report shows city property prices unchanged over last 12 months

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Report shows city property prices unchanged over last 12 months

Galway Bay fm newsroom - It's been revealed that property prices in Galway city have remained static over the past 12 months.

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According to the latest Daft House Price Report for Q4 of 2019, the average city home now costs €290 thousand.

That's unchanged from this time last year.

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However, the current figure is still 81 percent higher than its lowest point during the recession.

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Meanwhile, since the end of 2018, house prices in the county dropped by one percent - to now stand at just under €196 thousand.

Nationally, the average asking price of a home is down by 2.4 percent since this time last year - now standing at almost €251 thousand.

Some of the biggest percentage drops in property prices over the last 12 months were in counties Kilkenny, Leitrim, Mayo, and Offaly.

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