Carndonagh House Prices slump 36% in a year
Jan09
on January 9, 2014
at 3:45 pm
Posted In: Buncrana, Carndonagh, Derry, Donegal, Greencastle, L/Derry, Letterkenny, Moville, Redcastle
Carndonagh
Whilst house prices were recovering in Dublin, house prices took a real dive in Carndonagh last year.
In 2012 12 houses sold for an average of €105,000 in Carndonagh.
In 2013 15 houses sold for an average of €67,000.
That’s a massive fall of 36% in just a year.
Tallies
Of course, the numbers are too small to be definitive.
However, it tallies up with what happened elsewhere with Moville house prices dropping 27%, Greencastle’s falling 30% and Redcastle’s falling 44%.
I think we can safely say that house prices are still falling in the area and the falls may be even accelerating.