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REA survey shows Leitrim house prices increase 2.4% in three months

Catherine Gaffney -
REA survey shows Leitrim house prices increase 2.4% in three months

Another property price survey out today shows that house prices in Leitrim saw a slightly higher increase than Sligo.

The national survey by Real Estate Alliance has been looking at trends over the last three months.

The price of the average three-bed semi in County Sligo has increased to €227,500, up 2.2% from €222,500 in the last three months, according to a national survey by Real Estate Alliance.

Across the county this quarter, the average time taken to sell currently sits at five weeks.

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The survey shows that across the county, 30% of purchasers were first-time buyers, and 30% of purchasers were from outside of the county.

A total of 20% of sales in the county this quarter were attributed to landlords leaving the market.

In Sligo town, prices this quarter rose by 1.9% to an average of €275,000, and prices in Tubbercurry rose by 2.9% to €180,000.

The price of the average second-hand three-bed semi in County Leitrim has increased to €189,500, up 2.4% from €185,000 in the last three months, according to a national survey by Real Estate Alliance.

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Across the county, the average time taken to sell fell by one week to a total of four.

The survey shows that across the county, 70% of purchasers were first-time buyers and 30% of purchasers were from outside of the county.

A total of 37% of sales in the county this quarter were attributed to landlords leaving the market.

Carrick-on-Shannon prices rose by 1.8% this quarter to an average of €224,000.

Summer is said to have brought more buyers from overseas, both returning emigrants and people with no connection to the area.

Catherine Gaffney -