Property prices in Cavan have bucked the national trend by staying flat during the last three months of 2022, according to the latest MyHome.ie Property Price Report.
While Property prices in Monaghan have fallen by €17,500 during the same period.
The report for Q4 2022, in association with Davy, shows that the median asking price for a property in Cavan is still €199,000 and in Monaghan the median price is now €177,500.
This means prices in Cavan have risen by €20,000 compared with this time last year and in Monaghan prices rose by €2,500 compared with this time last year.
Asking prices for a 3-bed semi-detached house in Cavan also stayed flat over the quarter at €185,000. €28,000 more expensive compared to this time last year.
There were 279 properties for sale in Cavan at the end of Q4 2022 - an increase of 5.2% over the quarter.
Asking prices for a 3-bed semi-detached house in Monaghan fell by €5,000 over the quarter to €170,000. This means that prices in the segment are flat compared to this time last year.
There were 118 properties for sale in Monaghan at the end of Q4 2022 - a decrease of 4.1% over the quarter.
The average time for a property to go sale agreed in Cavan and Monaghan after being placed up for sale now stands at nearly two and a half months.
