Padraig Hyde & Sons,
Auctioneers, Valuers & Estate Agents,
Property Management & Maintenance Services.
117 North Main Street, Youghal, Co. Cork.
TEL: 0818 555 700
 024 - 91355
Email: info@hydeproperty.com

Upward trend for Youghal House Prices continues in 1st half of 2015

{ Posted on Aug 27 2015 by admin }
Categories : General

Latest analysis of the Property Price Register by Padraig Hyde & Sons Estate Agents show continuing increases in house prices for the Youghal area.

Data available from the property price register for the first six months of 2015 show the average property price again increasing over the 2013 and 2014 figures. This continues the upwards trend which has been ongoing since 2013 when recorded prices hit a low, averaging just €90,000 on the property price register. The average subsequently increased to €94,000 in 2014 and the first six months of 2015 seems to confirm this trend with the average property price between the January to June 2015 period increasing to an average listed price of €100,000.

Overall, prices are still down however on previous years. From 2010 when the property price register was begun, the average price recorded in that year was €152,000, decreasing to €145,000 in 2011 and €115,000 in 2012 before the 2013 low of €90,000 was recorded.

However, the breakdown of averages makes for interesting reading also. For the fist six months of the 2015 listings, a massive 61% of properties are listed as transacted under the €100,000 mark. Those listed as transacted over the €200,000 mark number just 7% and those over €250,000 make up under 3% of the register.

It should be borne in mind that not all properties listed on the property price register have been placed and sold on the open market but the figures do help to provide a guide to general trends in the Youghal housing market.

Youghal Property Price trends

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