The price of the average three-bed semi in Donegal rose by 5.3 per-cent to €100,000 in the past year.
That is according to a national survey carried out by Real Estate Alliance.
Prices in the county remained static in the first three months of 2020, with properties taking six weeks to sell, the REA Average House Price Survey found.
The Quarter One REA Average House Price Survey concentrates on the actual sale price of Ireland’s typical stock home, the three-bed semi.
It gives an accurate picture of the second-hand property market in towns and cities countrywide to the start of the current Covid-19 crisis, which has seen a sudden slowdown in activity according to REA.
Average house prices nationally returned to growth with an increase in activity in the first three months of the year up the outbreak of Covid-19. The price of a three-bedroomed semi-detached house across the country rose by 0.14 per-cent over the past three months to €235,028, after an annual decline of 0.63 per-cent in 2019.
“We are suddenly in a time of uncertainty and a pause button has been pressed on activity, but the fundamental issue of a lack of supply remains,” said REA spokesperson Barry McDonald.
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