Property Price Register shows rise in sales in Leitrim

Claire McGovern

Reporter:

Claire McGovern

Property Price Register shows rise in sales in Leitrim

98 properties were sold in Leitrim in the first Quarter of 2017 up from 90 in 2016 which is an increase of 8.9%.

Nationally property sales across the country have increased by 4.9% compared to the same period last year.

According to an analysis of the Property Price Register carried out by property website MyHome.ie just over 10,000 properties changed hands in the first three months of the year.

Sales in Dublin comprised just over a third of this total at 3,407, an increase of 5.7% on the same period last year.

Angela Keegan, Managing Director of MyHome.ie said one of the most notable trends was the upswing in sales in the capital’s commuter belt.

“Interestingly the border region delivered the two counties with the  biggest increase and decrease in sales; Cavan recorded a 35.4% increase, while Donegal saw sales fall by 21%.”

“While sales may be up in the commuter belt and most other parts of Leinster, it’s a very different story in the west and south. Sales  in Sligo are down 8% and in Mayo it’s 17%. Further south they are down 16% in Limerick and 8% in Kerry. Interestingly Clare is up 35%, while Galway is up 9% and Westmeath is up 30%. These figures show that the Irish property market is no longer just Dublin and the rest of the country but has fragmented into a number of micro markets which move in response to a variety of local and national factors,” Ms Keegan said.

Longford is also down 14 percent  while Roscommon is up 0.8 percent.