THE AVERAGE PRICE of a home in North Wall is now close to €390,000, according to the latest figures from Daft.ie.
Analysis of all properties advertised in the area in the second quarter of 2018 puts the average list price at €387,856. This is an increase of almost 10 per cent year-on-year.
Across East Wall and North Strand, the average asking price is significantly lower at €303,114. (Daft doesn’t track prices for East Wall alone.) However, it is rising even more quickly with a year-on-year increase of 12 per cent.
Both areas have seen prices rocket since the recession. East Wall and North Strand are among the areas that have seen the average asking price more than double – with an increase of 118 per cent since 2013, when it hit a low of €139,060.
In North Wall, meanwhile, the average asking price has risen by 91.6 per cent since 2012, when it reached its low point of €202,383.
Current prices in North Wall are just 12 per cent lower than the peak they reached during the Celtic Tiger, when the average spiked at more than €441,000 in 2007.
The peak price in East Wall and North Strand was €413,020, also in 2007.
To embed this post, copy the code below on your site
have your say