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Clare Property Prices Rise As House Purchases Plummet In The Last Year

The price of a Clare property has continued to rise while the number of sales have plummeted in the last year.

The latest figures from the CSO show the median price for a property in the county was €220,000 in September.

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The median in this case refers to the middle point of actual prices paid for properties in Clare between the least and most expensive.

The average revenue return from a property in Clare has risen by €2,500 since September last year.

Meanwhile the number of properties sold in the county has had a stark drop as only 49 sales were completed, 38% less than last Septembers figures.

In addition, their was only one new dwelling purchased in Clare at a price of €390,000 while existing dwellings had an average price of €216,500.

First time buyers in Clare paid a median price of €238,300 in September while former owners paid €193,500 and non occupiers paid €227,000 on average.

The cheapest place to buy a house in September was the Shannon region at an average of €186,000, while Ennis was the most expensive at €240,000.

In the Kilrush Electoral area, the average price of a house jumped by €91,000 from last September’s figures to €211,000.

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