Craic On

Tailspin

House prices were in a tailspin in Redcastle last year.

In 2012 there were 5 houses sold for an average price of €134,000.

In 2013 there were 4 houses sold for an average value of €51,500.

Adjustment

In 2012 one house in Tullyally was sold for €300,000 in 2012.

That perhaps skews things a bit so let’s take that out.

That still gives an average house price for 4 houses in 2012 of €92,000.

That’s a fall of 44% last year from the previous year.

That compares with a fall of 27% in Moville and 30% in Greencastle last year.