Average Galway house price rises by more than three per cent

The price of the average three-bed semi in Galway rose this year by 3.1 per cent across the county to €165,000, and by 2.7 per cent in the city to €282,500.

The figures come from a new national survey carried out by Real Estate Alliance Average House Price Survey. The survey found that prices in both the city and county remained static this quarter with properties taking an average of 10 weeks to reach sale agreed.

“The market remains steady, but the number of viewings is down as purchasers wait to see the outcome of Brexit negotiations,” said Kevin Burke of REA McGreal Burke in Galway city. “Supply has reduced a little, although there are a number of new developments in Galway city and its environs coming to market.”

The average semi-detached house nationally now costs €235,009, the Q3 REA Average House Price Survey has found – a drop of 0.43 per cent on the Q2 2019 figure of €236,028.

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