House prices in County Roscommon in the first three months of 2019 were 9% higher than a year previously, compared to a rise of 4% seen a year ago. The average house price is now €146,000, 59% above its lowest point, according to the latest Daft.ie House Price Report.
Meanwhile, according to the latest MyHome.ie Property Report, property prices in Roscommon have risen by €9,500 in the past year,
The report for Q1 2019 showed that the median asking price for a property in the county now stood at €129,500. This was up 3.5% from €125,000 at the end of last year and by 7.9% on this time last year when prices stood at €120,000.
The latest increase means that prices in Roscommon are now at their highest level in six years since standing at €139,000 in Q1 2013.
The rise in prices was reflected in the asking price for a 3-bed semi-detached house in the county, which while down marginally (0.03%) in the last quarter to just under €80,000, were up 6.6% on this time last year when they stood at €75,000.
The asking price for a four-bed semi-detached house in Roscommon went the opposite direction. It was down 9.2% in the quarter from €109,000 to €99,000. This contributed to a decline of 1% on this time last year when prices stood at €100,000.
The number of properties for sale in Roscommon on MyHome.ie was down 10.4% in the last quarter but up by 9.4% from this time last year.
In Dublin, prices in the first three months of 2019 were 4% higher than a year previously, compared to a rise of 8% seen a year ago. The average house price is now €383,000, 74% above its lowest point. Prices reached their lowest point in the second quarter of 2012 and have risen by an average of 74% — or €163,000 — since that time.