Westmeath house premiums remain unchanged despite COVID-19 crisis – Mayo Advertiser

Despite fears of a downturn in the market during the COVID-19 crisis, the price of a three-bedroomed semi-detached house in Westmeath remained unchanged over the past three months, according to a national survey carried out by Real Estate Alliance.

The price of the average three-bed semi in the county rose by 2.6 percent to €195,000 in the past year, the REA Average House Price Survey found.

“We are extremely busy, with no negative effect from COVID-19,” said Donna Hynes of REA Hynes, Athlone, where the average time taken to sell increased by a fortnight this quarter to seven weeks.

“We are seeing that all ends of the residential sector are strong, with excellent sales on new homes.”

The REA Average House Price Survey concentrates on the actual sale price of Ireland’s typical stock home, the three-bed semi, giving an accurate picture of the second-hand property market in towns and cities

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