The Daft.ie House Price Report â 2013 Q3

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Year-on-year change in asking prices, Q3 2013 Mayo €120,327 | Change: -9.3% Roscommon €94,378 | Change: -11.7% Galway City €158,634 | Change: -3.1% Clare €133,129 | Change: -8.5% Kerry €146,783 | Change: -7.0% Sligo €117,249 | Change: -10.7% Galway Limerick City €131,364 | Change: -10.3% Donegal €118,172 | Change: -9.8% €130,153 | Change: -10.4% Limerick €143,669 | Change: -6.7% Leitrim €88,874 | Change: -12.1% Longford €109,845 | Change: -5.7% €128,549 | Change: -9.9% Offaly €123,864 | Change: -7.2% Tipperary Westmeath €133,596 | Change: -7.0% Waterford €154,551 | Change: -5.9% Cavan €110,340 | Change: -11.9% Laois €86,225 | Change: -19.5% Kilkenny €139,751 | Change: -3.9% Monaghan €128,282 | Change: -9.9% Meath €165,933 | Change: -3.9% Waterford City €108,475 | Change: -4.9% Louth €152,513 | Change: -5.4% Kildare €174,975 | Change: -3.4% Wicklow €221,631 | Change: -3.5% Carlow €117,966 | Change: -15.6% Wexford €127,111 | Change: -6.9% Cork €154,774 | Change: -5.3% Cork City €165,884 | Change: -4.5% Dublin Close-up North Dublin County €210,765 | Change: 1.4% North Dublin City €225,256 | Change: 5.2% West Dublin County €170,148 | Change: 3.4% Dublin City Centre €195,777 | Change: 9.5% 4 | The Daft.ie House Price Report – 2013 Q3 South Dublin County €370,650 | Change: 12.7% South Dublin City €251,228 | Change: 8.7%
Daft.ie Asking Price Index -1.5% Asking prices were 1.5% lower in the third quarter of 2013 than a year previously, the closest to stable asking prices since since 2007. The average asking price nationwide is now €170,400, compared to €378,000 at the peak in 2007. Asking Prices, Residential Sales (2012 average = 100) January February March April May June July August September October November December 2006 183.7 198.6 196.5 201.8 204.1 205.3 207.6 208.7 212.1 212.9 211.2 213.4 2007 212.7 214.6 212.9 213.5 214.8 214.2 214.4 213.1 211.3 210.6 208.9 209.7 2008 209.0 208.1 205.6 204.2 202.1 199.3 197.6 194.8 193.1 189.5 183.5 182.3 2009 180.2 176.6 172.8 171.4 167.9 164.6 162.4 158.5 156.5 154.2 150.5 148.6 2010 149.3 148.0 144.7 144.4 142.7 139.9 136.7 136.6 135.2 132.2 129.2 128.4 2011 127.2 127.1 124.5 121.4 119.9 115.8 115.4 113.6 113.5 108.3 106.0 105.4 2012 105.3 104.2 102.4 101.8 102.3 99.6 98.0 99.0 97.1 98.4 96.0 95.9 2013 97.3 96.8 97.2 96.7 97.2 97.7 96.3 96.9 96.6 Dublin asking prices rise 7.7% in 12 months This is the third quarter in a row that Dublin asking prices has risen in year-on-year terms, with the 7.7% recorded the strongest growth since early 2007. Prices outside Dublin down 6.7% in year-on-year terms Outside the capital, asking prices continued to fall, although the decline of 6.7% was the smallest since mid-2008. Stock sitting on the market down 19% in a year The total number of properties sitting on the market fell from just under 50,000 in mid-2012 to just over 40,000 in mid-2013, the second successive year where it’s fallen by 10,000. 70000 60000 50000 Stock of properties on Daft.ie (start of month) and flow of properties, 2007-2013 14000 12000 10000 Nearly one half of properties sell within four months The proportion of properties finding a buyer within four months has risen from 37% a year ago to 45% now. 40000 8000 30000 6000 20000 4000 10000 0 2007 II III IV 2008 II III IV 2009 II III IV 2010 II III IV 2011 II III IV 2012 II III IV 2013 II ■ Stock ■ Flow 2000 0 The Daft.ie Asking Price Index is based on asking prices for properties posted for sale on Daft.ie. An index based on asking price, as opposed to closing price, is a measure of sellers’ expectations. Figures are calculated from econometric regressions, which calculate changes in price that are independent of changes in observable measures of quality, such as location, or bedroom number. 65 | The Daft.ie House Price Report – 2013 Q3
Page 1 and 2: The Daft.ie House Price Report An a
Page 3: Introduction Ronan Lyons, Economist
Page 7 and 8: Daft.ie Snapshot of Asking Prices N
Page 9 and 10: Leinster Trends An analysis of rece
Page 11 and 12: Connacht & Ulster Trends An analysi
Page 13: Disclaimer The Daft.ie Report is pr

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The Daft.ie House Price Report â 2013 Q3