Asking prices for homes in Mayo and the West climbing
Asking prices in the region are increasing.
House prices in Mayo have jumped by more than 7% in the last year.
The latest sales report from property website Daft.ie reveals that while the selling price of homes in Dulin have begun to drop the picture outside of the capital is very different.
Asking price inflation remains particularly strong in the Connact-Ulster region at 8.8%.
The research suggests average asking prices for homes in rural areas are rising at a considerably faster rate than in cities creating a "two-speed market".
"Really that comes back to the supply picture," said Professor Ronan Lyons, who authored the report. "Second-hand supply in the cities is up significantly - 10, 15, 20% depending on the market compared to this time a year ago. Whereas in parts of Munster and Connacht and Ulster, there's been no change from very low levels of supply a year ago."
Professor Lyons said the supply figure was "probably the single best predictor of what's happening and what's going to happen" in the months ahead.
According to the Daft.ie List Price Index, prices in Connacht-Ulster (outside Galway city) were 2.8% higher in June than three months earlier.
The increase seen in the year to June 8.8% – is broadly in line with the 9.0% seen a year previously.
In the second quarter, the average list price in Connacht-Ulster for a three bedroom semi-detached house was €262,000. List prices in the region are now on average 73% above their pre-covid levels and only 0.9% below their Celtic Tiger peak.
In Mayo, the average asking price for a three-bed semi-detached property is now €270,000, that’s a 7.9% year-on-year increase.
A semi-detached four-bed home in the county has risen in price by 9% to €303,000.
Asking prices for detached three-bed and five-bed homes in Mayo have dropped by 1% and 3.8% respectively.
The asking price for apartments in the county saw the biggest surge with the price of two-bed apartments spiking by 26% to €226,000.
Elsewhere in the West, the asking price for a three-bed semi-detached home in Co Sligo climbed by 3.9% to €253,000. A four-bed semi-detached home in the Yeats County is going for an average of €312,000, a massive 14.1% rise.
The same properties in Co Galway (excluding the city) have asking prices of €338,000 and €380,000, a 10.2% increase on both house types. Asking prices in Co Roscommon are also rising. A three-bed semi-detached residence is going to market with an average price-tag of €248,000, up 7.8%.
Overall on a national basis, Daft said selling prices rose by 3.2% in the year to June (compared with the first half of 2025) - the slowest rate of increase since 2023.
The research also found that the typical gap between the initial asking price and the ultimate selling price of a home has narrowed to 5.5% nationally, down from 6.8% in June 2025.
