Latest Sales Report
IPW Report # 49 - Price Drops 5,473 & 211 Price Increases

This report is over the period, from the 20th of April to the 7th of June 2009.

The drops per day was 116 up from 103 last report.

There were 5,473 drops and the average drop was €44,394.
Over the same period there were 211 increases and the average increase was €40,785

The 5,473 properties reduced the price by just over €242.9 million in total.

The 211 properties raised their price by just under €8.6 million in total.

Time on the Market

more than 3 months 81%
more than 6 months 70%
more than 9 months 58%
more than 12 months 45%
more than 15 months 22%
more than 18 months 8%

The average number of days properties have been listed is 337 days (11 months) up from 325 days since the last report
You can See the Report by clicking here

Posted by:IPW
Latest Rentals Report
Rental Report # 35 - 2,399 reductions, 230 increases

Rental Report # 35 - 2,399 reductions, 230 increases

Over the period 15th of March to the 12th of June there were 2,399 rent reductions.

The average reduction was €140 per month.

The average rent for all properties listed was €934 down 27% from €1,286 in May 2008.

There were 230 rent increases over the same period, the average increase was €160.

The number of properties for rent in Ireland increased to 23,869 from 21,359.

Please click here for the full report.

Time on the Market

The average time on the market for a rental property in Ireland is 71 days up from 64 days

0 to 3 months 17,557 - Average Rent = €901

3 to 6 months 3,340 - Average Rent = €902

6 to 9 months 1,663 - Average Rent = €919

9 to 12 months 661 - Average Rent = €944

12 to 15 months 648 - Average Rent = €1,059

Posted by:IPW