Thursday, April 02, 2020

Property prices in Mayo have remained unchanged for the third quarter in a row, according to the latest Property Report in association with Davy.

The report for Q1 2020 shows that the median asking price for a property in the county has stayed steady at €160,000. The last time asking prices were different was this time last year, when the figure stood at €155,000.

Continuing with this overall trend, asking prices for a 3-bed semi-detached house in the county remained steady at €145,000. This is the fourth quarter in a row that prices in the segment have remained unchanged.

Meanwhile, the asking price for a 4-bed semi-detached house in Mayo stayed steady in the quarter at €150,000. This means prices have dropped by €3,750 when compared to Q1 2019.

The number of properties for sale in Mayo on fell by 6.8% in the last quarter and was down 6.3% on this time last year.

The average time for a property to go sale agreed in the county after being placed up for sale now stands at just over six and a half months.

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