In early 2020, the typical transaction price was 0.5% below the listed price, the analysis shows.
Websites such as daft.ie and myhome.ie base their property price reports on asking prices for properties listed on their websites. For instance, between 2010 and 2012, properties sold on average for 10% below their initial listed price."The last three quarters have seen greater market heat - as measured by the premium paid by buyers above the listed price - than at any other time since the start of 2010," Ronan Lyons, Trinity College Economics Professor and author of the property price reports for daft.ie explained.
3.5% .. way more than that..
3.5%? More like 35% over the asking price
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