€10.5m made in house sales in Limerick in February

Anne Sheridan

Reporter:

Anne Sheridan

The latest figures entered with the Property Price Register show that 98 properties in Limerick sold in February
OVER €10.5m worth of homes sold across Limerick city and county last month.

OVER €10.5m worth of homes sold across Limerick city and county last month.

The latest figures entered with the Property Price Register show that 98 properties in Limerick sold in February – the highest figure of sales for the month of February since the records began in 2010.

To date this year, 226 houses in Limerick have sold, including 116 in January, and the sales of 12 houses have been entered to date for March.

However, the figures for February, and March are by no means final figures, and are likely to rise as more sales are added.

Just five properties sold for in excess of €200,000 in Limerick in February, and nearly 50 houses or apartments sold for under €100,000, and 16 of those sold for under €50,000.

As seen from the compilation of house sales below, the most expensive property to sell in Limerick in February was 11 Friarstown Close, Ballycummin Village, Raheen for €337,000.

Currently, on the property website Daft.ie there are 2,023 properties available to buy in Limerick.

New to the market is Marillac on O’Connell Avenue, a five-bed terraced property built in 1906, for €400,000, through Rooney auctioneers.

Less than 60 properties in Limerick are currently valued at over €400,000.

Four properties are priced at over €1m – Shamrockville on the North Circular Road for €1.5m, 6 The Demense in Adare Manor for €2.1m, Ballyneale House in Ballingarry for €3m, and Ballinamona House in Hospital for €1.7m.

The next Allsop Space auction of properties will be on April 22, however a small number of properties in Limerick and Clare currently feature in their 70-lot online auction, with bids to close this week.

Lot 54 is a semi-detached two-bed house, No 23 Castle Court in Kilmallock. Subject to a tenancy, with a current rental income of €3,600, it is for sale for €40,000. Bids will close on Thursday afternoon.

Lot 40 features a first-floor two bedroom apartment - No. 9 Bruach na Sionna, just over the Limerick border in O’Briens Bridge, for €35,000.