Scale of house price increases in Waterford revealed
A recently published report outlines how much house prices across the city and county have increased in first three months of 2025.
The price of the average second-hand three-bed semi in County Waterford has increased to €275,000, up 3.2 per cent from €266,500 in the last three months.
This is according to a national survey by Real Estate Alliance, who also revealed that the average price in Waterford city increased to €321,000 this quarter, up 2.9 per cent.
Across the county, the average time taken to sell is currently eight weeks.
The survey showed that across the Déíse county, 40 per cent of purchasers were first-time buyers, while a total of 25 per cent of sales in the county this quarter were attributed to landlords leaving the market.
Commenting on the report, Eamonn Spratt of REA Spratt, Dungarvan said: 'A major impact on price during Q1 2025 is the low level of stock coming to market, which is resulting in demand outstripping supply.'
The actual selling price of a three-bed, semi-detached house across the country rose by 2.5 per cent in the past three months to €338,847.
Three-bed semis in Dublin’s suburbs are reaching sale agreed in mere days, as a wave of mortgage approved buyers turn their focus from apartments to family homes, the survey has found.
Actual selling prices in Dublin city rose by 3 per cent in the last three months.
The average three-bed semi in the capital is now selling at €558,250, which equates to a rise of almost €50,000 in the past year.
Prices in the major cities outside the capital rose by an average of 3 per cent to €355,250 in the last three months.
Homes in the country’s large towns continue to show the biggest annual growth nationwide, 2.9 per cent this quarter and 13 per cent on last March to an average of €256,576.
The absence of new home building, and historically low supply has seen three bed semi-detached homes in parts of Donegal, Kerry, Mayo, Offaly and Roscommon increase by over 23 per cent in the past year.
