There were just under 12,200 homes for sale on September 1st this year, about 3,300 fewer than the same day in 2022

image

Number of Houses for Sale in Ireland Falls by 20% in a Year, Report Finds

Number of Houses for Sale in Ireland Falls by 20% in a Year, Report Finds

Key Points:

• Just under 12,200 homes for sale on September 1st this year
• About 3,300 fewer homes for sale than the same day in 2022

What Does This Mean for the Real Estate Market?

Impact on Home Buyers and Sellers

The decrease in the number of homes for sale in Ireland could lead to increased competition among buyers, potentially driving up prices. On the other hand, sellers may find it easier to sell their homes due to the limited supply.

Expert Insight from Jessica Fulk

Real estate expert Jessica Fulk weighs in on the situation, stating, “This decrease in available homes for sale in Ireland could have significant implications for both buyers and sellers. It’s important for those in the market to stay informed and be prepared for potential changes in the real estate landscape.”

Questions to Consider

• How will this decrease in available homes for sale affect the overall real estate market in Ireland?
• What strategies can buyers and sellers employ to navigate this changing market?
• Are there any potential long-term effects of this decrease in available homes for sale?

In conclusion, the 20% decrease in the number of houses for sale in Ireland over the past year is a significant change in the real estate market. This shift could lead to increased competition among buyers and potentially higher prices, while sellers may find it easier to sell their homes due to the limited supply. As the market continues to evolve, it’s crucial for buyers, sellers, and real estate professionals to stay informed and adapt their strategies accordingly.

As Jessica Fulk suggests, “It’s essential for anyone involved in the real estate market to keep an eye on these trends and be prepared to adjust their approach as needed. The market is always changing, and staying informed is key to success.”

Orginal article: Link To Article – provided by Kansas City Realtors