Monaghan is the only county in the Shannonside Northern Sound Region to see a decrease in the average house price during Quarter 4 of 2020.
MyHome.ie has today published its property report for the end of last year, which shows that the annual asking price inflation rose by 6.3% nationally.
House price inflation increased at its fastest pace in almost three years during Quarter 4 of last year.
The trend confounds warnings made early in 2020 that Ireland’s housing market could suffer ‘double-digit’ price declines.
Locally, Monaghan was the only county to see a decrease in asking price down 3.39% on 2019 to €235,000.
Leitrim’s housing costs remained unchanged at €110,000.
However, Cavan saw an increase of 3.45%, with an average cost of €150,000 for a property, and Roscommon had the second highest inflation locally of 4.5% to €104,500.
Longford recorded the greatest annual increase in the region at 5.26%, with the median asking price in the county coming in at €100,000.
The national average is reported to be over €257,000, meaning each county in the region still comes in below it.
