Longford house prices rise by almost 20% in a year

House prices in Longford showed the greatest single year on year increase last year anywhere according to a new survey.

Figures released by property website daft.ie show an average 19.5 per cent increase in house prices in the last 12 months.

In Leitrim the increase was 1.8 per cent while in Roscommon the rise was just 3.3 percent.

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The average asking price for a home in Longford is now €128,671 and in Roscommon it’s just over €129,000 and in Leitrim it’s just over €120,000.

Nationally, the average asking price reached its lowest point in the third quarter of 2013 and has risen 46.6% – or just over €76,500 – since then.

There were just over 21,000 properties on the market on December 1st.

That’s 2-point-6 per cent lower than the same date last year.