This report is over the 1 week period of the 27th of July to the 3rd of August 2008.

The drops per day on Daft was 127 down from 154 last week.

The stock of unsold properties on Daft is currently equal to 10 months supply.  Based on the removals over the last month and assuming no new properties are listed.

The drops per day from all sites is just over 173 down from 212 last week.

There were 1,213 drops and the average drop was €30,590.
Over the same period there were 66 increases and the average increase was €27,652..

The 1,213 properties reduced the price by just over €37.1 million in total.

The 66 properties raised their price by just under €1.8 million in total.

19% (11,799) of properties for sale have been on the market for over a year.

46% (28,776) of properties for sale have been on the market for over 6 months.

The average number of days properties have been listed is 200 days.

1,578 properties were removed from Daft during the last week while 1,474 new properties were added.
You can See the Report by clicking here

From the 23rd to the 30th of July 2008 there were 1,006 rent reductions. The average reduction was €100 per month.
There were 121 rent increases over the same period, the average increase was €110.

The number of properties for rent in Ireland increased to 15,941 from 15,847 the previous week

Please click here for the full report.

Time on the Market

• 4 Months+ 1,603 Properties, Average Rent = €1,363
• 2-3 Months 1,021 Properties, Average Rent = €1,239
• 1-2 months 1,468 Properties, Average Rent= €1,214
• 0-1 Months 8,985 Properties, Average Rent= €1,204

2,810 properties were rented in the last week and the average rent was €1,106.