Does anyone know the figures for the same areas 1 year ago? Don't think its accurate to compare June's inventory with September.
In addition it should be considered that these are two of Dublins fastest growing areas. How many extra apartments/houses have been built in the intervening months?
Oh dear, there are 200 properties for sale now in Lucan 79 min price of 400k and 121 with 400k max price.Well April is busy season when you would expect high levels of inventory but inventory has more than doubled in Lucan since then.
Developers don't list each house for sale individually so the comparison is accurate.
Oh dear, there are 200 properties for sale now in Lucan 79 min price of 400k and 121 with 400k max price.
PS there were around 45-50 around late Jan early Feb 2006.
it's actually 190 today - there are 10 at 400k
...since the total has gone over the myhome area limit of 150, it's best to split them by bedrooms - max 3 bed and then min 4 bed.
So from 45-50 in Jan (start of last selling season) to 190 now (start of this selling season) is a massive jump in inventory in one area
Can you check again. This is what I'm getting with no other filters (Lucan only)
Min price 400k = 79
Max price 400k = 121
NopeThere are 10 at 400k - you're counting them twice.
...best not to use price, use number of bedrooms.
Well April is busy season when you would expect high levels of inventory but inventory has more than doubled in Lucan since then.
Developers don't list each house for sale individually so the comparison is accurate.
Nope
Select min 400k then no max.
Then select 400k max no min
Shhh, not soo loudYou are counting 10 houses at 400k twice.
Min 400k includes 10 at 400k
....and Max 400k includes 10 at 400k.
I agree that April is a busy season. Don't disput that. I was referring to the figures you gave for Swords when you compared inventory for June versus September.
I just had a quick look at myhome.ie and there are only 150 houses advertised for sale in Lucan - not 185! A drop of 35 in 1 day. When you consider the number of extra houses advertised for sale on myhome.ie (now 64!) compared to the total number of houses in the sprawling suburb of Lucan its very little.
I was referring to the figures you gave for Swords when you compared inventory for June versus September.
As Room305 says, he's already putting his money where his mouth is.
FTB's who've compromised on location in the mad scramble to get onto the bottom rung of the ladder could well see themselves stuck in their poorly-serviced areas for a long time to come with no hope of 'trading up' to the promised land of the 2nd-from-bottom-rung.
If you're in the happy position of living in your 'final home' in your preferred location then whatever the market does won't affect you much either way (except on paper).
If you're not, then selling up, investing the proceeds and renting in your desired area makes perfect sense. Once the mortgage/rent premium has corrected itself you can then think about buying in again. If it doesn't, then the money saved on mortgage interest over the years should be adequate compensation.
There is a lot of people now attempting to trade-up from the Lucan area.Nope - myhome has a limit of 150 per area so you have to split the result. Hard to believe but the real total is 190!
There are so many houses for sale that it has reached the max result count for one area - I had never seen that before until it happened a few weeks ago.
Houses completed over the past few months will not have been listed individually. Anything else is likely to be from flippers and there's no way that flippers will double the number of houses for sale in an area.
There is a lot of people now attempting to trade-up from the Lucan area.
I think Lucan is a lovely area, lots of 3 bed semi's with gardens...lower density than newer builds.
Personally I detest Lucan - it's like legoland :-/
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