Sales figures rose in 20 out of 26 counties compared to the first six months of 2016.
The continued rise of the property market in Ireland is reflected in a study that shows that house sales increased by 8.4% and the value of transactions is up by 15% in the first six months of 2017 compared to the same period last year.
A study by property website MyHome.ie based on an analysis of the Property Price Register showed that the number of house sales declined in only six out of 26 counties – Limerick, Galway, Waterford, Donegal, Sligo and Longford – and increased in the other 20 counties.
The decline in the number of house sales was marginal in three of those six counties – Limerick (-0.1%), Galway (-1.4%) and Waterford (-2.1%) – and more significant in Donegal (-14.5%), Sligo (-17.2%) and Longford (-19%).
Despite that, however, the value of transactions increased on the figure for the first six months in 2016 in all counties except for Clare and Donegal.
Of the 20 counties in which house sales increased, meanwhile, the most significant increases were visible in counties along the commuter belt such as Meath (+42.9%), Wicklow (+20.7%) and Kildare (+18.5%) and slightly further afield in the likes of Cavan (+27.3%), Offaly (+18.1%) and Carlow (+12.3%).
The figures for every county can be seen on the map below.
Image via MyHome.ie
In total, there were 23,148 houses sold in the Republic of Ireland in the first six months of this year at a cost of €5.8 billion, an increase of 15% on the figure for the first six months of 2016 (€5.1 billion).
Not surprisingly, Dublin came out on top of the list of counties with most houses sold, with 7,455 houses sold in the capital in the first six months of 2016 costing more than €3 billion, an increase of 13.2% on last year’s figure.
You can read the analysis in full on MyHome.ie here.
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