House prices keep rising

House prices still on the rise

PROPERTY prices in Galway city and county have both risen by €25,000 in the last year, according to the latest MyHome.ie Property Report in association with Davy.

The report for Q1 2018 shows that the median asking price for a property in the county now stands at €220,000. This is up 10.6% from €199,000 at the end of 2017 and from €195,000 a year ago.
The latest price increase has left the asking price for a home in the county at its highest level in more than six years since it stood at €245,000 at the end of Q4 2011. Prices are rising at an even faster rate in the city.