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Is Now a Good Time to Sell a House in Ireland?

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If you’re a homeowner in Ireland, you might be wondering whether now is a good time to sell your house. The Irish housing market has seen significant growth in recent years, but the rate of growth has slowed down, and there are other factors to consider. In this comprehensive article, we’ll explore the current state of the market and offer some advice on whether it’s a good time to sell your house

What’s happening with the Irish housing market

The Irish housing market is still strong, largely due to low supply. While the rate at which prices are rising is slowing, prices are still increasing. Ireland has seen double-digit growth in house prices over the past few years, but it looks to continue growing at a slower pace, in single digits. Our analysis of the current state of the Irish housing market suggests that it’s a good time to sell your house.

What matters the most when selling a house in Ireland?

There are several factors to consider when selling a house in Ireland. Firstly, with summer being a popular time for house hunting, good weather can make your property look its best and help you achieve premium prices. Secondly, with low stock levels, there is less competition for your property, which can also help you achieve a higher price. However, it’s important to bear in mind that demand can also be affected by economic factors, such as changes in interest rates. Keeping an eye on market trends can help you make an informed decision about when to sell.

What costs are involved in selling a house in Ireland?

  • Estate agents fees
  • Solicitors fees
  • Any outstanding LPT or other taxes
  • BER certificate (if necessary)
  • Architects fees for any developments to your home since you purchased it (even if exempted development)
  • First registration mappers fee (if your house is an unregistered title)

Average time to sell a house in Ireland?

According to industry data, the average time it takes to sell a house in Ireland is between three to six months. However, this can vary depending on a variety of factors.

Is now a good time to sell a house in Ireland?

In conclusion, the current state of the Irish housing market suggests that now is a good time to sell your house. With low stock levels and good weather, there is less competition, and your property is likely to achieve premium prices. Ultimately, the decision to sell your house is a personal one and should be based on a range of factors, including market conditions, personal circumstances, and your own financial goals

Selling your house in Bandon, Kinsale, Clonakilty, Cork, or West Cork?

If you’re thinking of selling your house in Bandon, Kinsale, Clonakilty, Cork, or West Cork, get in touch with DNG Galvin Auctioneers. With over 40 years of experience servicing the property market, we’re here to help you every step of the way. Our team of experts can provide you with professional advice, assist you with the sales process, and help you achieve the best possible price for your property. Don’t hesitate to contact us today and take the first step towards selling your house in Ireland.

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