We are all aware of the dramatic downturn in house sales in recent years. If we are to go by the media it appears that there is a rather large surge recently in house value. However the local statistics tell a very different story!
House sales fell from 14 in 2012 to 3 in 2013 in Muff. What a dramatic downturn in house sales in the local area! Average prices fell from €105,500 to €58,000 in a year. That’s a fall of 45%.
This compares with Moville, down 27%, Greencastle, down 30%, Carndonagh down 36% and Redcastle down 44%.
Anyone with some extra cash flow at the present time should definitely check out some local property. It will surely increase in the coming years so a good investment is there to be made.
Click on Muff property Prices
Perhaps I should go check me purse!!