Sharp increase in houses prices in Kerry

26 Jan

Sharp increase in houses prices in parts of Kerry
House prices in Kerry rose by up to 60% in some areas during 2006, according to a survey by Kerry Property News published in this weeks edition of Kerrys Eye. However the survey shows that previous high growth areas such as Dingle and Kenmare showed more moderate increases than previous years. According to the survey the average price of a 3 bedroom semi detached house in Tralee is now 217,000 euro, in Killarney 342,000 euro and in Listowel 214,000.

This represents increases of approximately 10% on the previous years prices. The average price of a family home has risen fastest in Killorglin. Increases of up to 20% are recorded in some houses types in Castleisland.The largest jumps were recorded in Caherciveen where the average price of a 3 bedroom semi detached house jumped by 40% in a year, and a 3 bedroom townhouse by a massive 61%, perhaps reflecting demand caused by decentralisation to the area. House prices in Dingle and Kenmare increased by between 8 and 25%, which is less than in previous years, although both areas still remain among the most expensive in the county.

Daily News from Kerry

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