Shannonside region still remains cheapest place to buy a home – Daft.ie

Leitrim, Longford, and Roscommon are the least expensive counties in which to buy residential property, according to the latest Daft.ie House Price Report.

Meanwhile, Cavan and Monaghan has also seen year-on-year decreases in house prices.

Daft.ie has released its House Price Index for the first quarter of 2020, and it reveals that Leitrim, Longford, and Roscommon are the least expensive counties.

Leitrim is the least expensive in the country, with an average house price of 132 thousand euro – a 3.4 percent year-on-year decrease.

Longford comes next, with an average house price of just under 136 thousand euro – a 4.7 percent decrease when compared to last year.

Meanwhile, Roscommon has an average house price of just over 140 thousand euro – a 2.9 percent decrease on last year.

However, Westmeath has seen an increase in house prices, with the average residential property costing 208 thousand euro, a 2.1 percent year-on-year increase.

In the Northern Sound Region, prices have fallen 2.6 percent in Cavan, with an average asking price of 157 thousand euro, and Monaghan has seen a 0.2 percent yearly decrease, with an average asking price of 177 thousand euro.

However, these first quarter figures are largely unaffected by the COVID-19 economic crisis, which Daft.ie says is an “extraordinary shock” that will result in a significant fall in housing prices as the economic effects unwind.]