Homes In Dublin- Is It Good To Invest Right Now?
The situation at Dublin, Ohio Real Estate has been quite a changed scene in the past one year. This year has seen a levelling out of Dublin house price growth levelling following 3 years of price inflation according to a report from DNG. Prices of homes for sale in dublin increased by a modest 0.5% in the last two to three months versus 4.8% for the same three months last year and 24% for the first nine months of 2014. Which means, after three sets of quarterly results this year, the average price of a resale Real Estate in Dublin remains more or less the same as at it was at the end of 2014.
The property market in Dublin Real Estate has now reached the 50:50 point where prices are still about 50% lower than at their peak prices but have risen by over 50% since the market low point in 2012. So it’s quite a mind boggling situation in the market right now.
In the third quarter of this year West Dublin saw the strongest growth in the average value of a home, with prices increasing by greater than the overall Dublin average at 1.1%. Both south and north Dublin saw prices increase more in line with the Dublin average at 0.4% and 0.7% each.
Over the last one year it has been the entry level to the market that has seen the strongest growth with prices rising by 5.5 percent on average, year after year. Prices at the upper end of the market performed more in line with the overall Dublin average of 0.5 percent in the third quarter and 2.3 percent in the year to September. So, it seems like a pretty good time to invest right now!