Kirrane reports increase in property prices and demand across Galway

APP Kirrane auctioneering has seen an increase of up to 15 per cent in property prices in Galway city and county in the first half of 2017, with houses in the more sought after areas of Salthill, Taylor’s Hill, The Claddagh, College Road, The Green, and the city centre achieving even greater increases.

The dearth of supply, coupled with an upsurge in demand, and the positive impact of the help to buy scheme has driven prices upwards. Galway has seen the strongest price growth at 15.7 per cent compared with the same period in 2016 followed by Limerick at 14.4 per cent, Cork at 10.7 per cent, and Dublin at 9.2 per cent.

It is also worth noting that there has been a substantial decline in the number of properties for sale nationwide with 21,500 homes on the market in May of this year compared with 24,700 a year ago.

Gerry Conway of APP Kirrane auctioneering points out that Galway is a vibrant city poised for further economic growth and has many festivals and cultural events throughout the year to cater for every taste. The city has many fine hotels and restaurants, and Salthill Promenade and the Wild Atlantic Way which caters for thousands of holidaymakers every year. It is easy to see why there is such demand for property in this wonderful city.

Gerry Conway has a list of clients looking for property in all parts of Galway city and county, particularly in Salthill, Barna, the city centre, and Renmore.

APP Kirrane auctioneering provides a free appraisal of your property, free advertising on Daft.ie and Myhome.ie, and consultations at times to suit each client including evenings and weekends.

To arrange a free appraisal of your property or to discuss any property related issue call Gerry Conway, APP Kirrane auctioneering, on 091 705555/089 2548533.

 

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