ASKING PRICES FOR GALWAY HOMES DROP SIGNIFICANTLY

Date Published: 09-Jul-2008

Asking prices for homes in Galway city have taken a 9 percent drop in the past year.That's according to the latest report, published by property website, Daft dot ie.The average asking price for a house in the city is now 319 thousand 700 euro, a drop of 9 point 4 percent on last year's asking prices.Meanwhile, asking prices in the county have also taken a downward slant, with a 5 percent decrease on last year's prices.The average price of a home in the county is now 292 thousand euro.The decrease in asking prices in Galway mirrors the national trend which sees an average decrease of 8 percent across all counties.