Sales of homes in Donegal on the decrease

written by Rachel McLaughlin September 11, 2017

Property sales in Donegal have fallen by up to 100 this year, according to a new analysis of the Property Price Register.

568 homes were sold in Donegal in the first six months of 2017, which is a 14.5% decrease on 664 sold this time last year.

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Residential sales in Donegal reached a total of €67,785,830 in the first six months of 2017, down 7.4% from €73,213,397 in 2016.

These figures have emerged from a new study based on an analysis of the Property Price Register by property website MyHome.ie.

MyHome.ie found that there were 23,148 homes sold nationwide in the first half of 2017. A total of €5.8 billion was spent, up 15% on the €5.1 billion in the first half of 2016.

Donegal and Clare were the only counties where residential property prices did not increase. The amount spent on homes in Donegal fell by 7%.

Sales figures rose in 20 counties and fell in six, but the amount spent in each county was up in all with the exception of Donegal and Clare.

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Sales in Dublin rose by 11% to 7,455 in the surveyed time span. Over €3billion of the national spend was in the capital.

 


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