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Significant increases in property prices

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By Ted Healy of DNG TED HEALY

The latest house price report from property website daft.ie turns up some interesting, if not unsurprising, facts on the market.

It looks at the first quarter of 2022 (Jan – Mar) which shows significant price increases and continued supply issues.

Housing prices rose by 2.4% on average during the first three months with the average listed price nationwide in Q1 now €299,093, up 8.4% on the same period in 2021 and just 19% below the Celtic Tiger peak.

The increase in Munster (outside the cities) was 13.3%.
Just 10,000 homes were listed for sale on March 1, during 2019, the average number of homes for sale on the market at any one time was just over 17,500.

Inflation in housing prices remains high – as has been the case consistently over the last decade, increasing prices reflect a combination of strong demand and very weak supply. Significant increases in the cost of construction have simply added to this.

Some interesting key points to note were that almost half of those looking to buy, but not straight away, cited the need to save for a deposit as a key factor in delaying home purchase.

DELAYS

Roughly four in five respondents cite the lack of homes as a factor in delaying home purchase.

The number of homes on the market continues to fall. The total number of properties available to buy nationally on March 1 was just 10,047, down by almost 2,000 from the same period last year and the lowest on record in a series dating back to January 2007.

In the Munster region, listed prices increased by an average of 2.7% between January and March, up 13.3% year-on-year.

Annual price inflation in Munster is above 10% again after a record level of annual inflation in Q1 of 2021.
Supply of properties in the Munster region is at a new low, with just over 2,800 properties on the market in Munster on March 1, down from 3,618 on the same date a year ago.

"On a local level, supply of properties in the Killarney area remains at an all time low," Ted Healy said.

"As a result we are experiencing a sharp rise in prices being paid for well located second hand properties. With limited new construction expected in the short term this trend is unlikely to change. We have a list of buyers eager to purchase property in the Killarney area but unfortunately the properties simply are not available. We would be delighted to speak to anyone considering selling their property and can be contacted on 064 6639000 or killarney@dng.ie."

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Killarney National Park Autumn Talks up and running

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Killarney National Park Autumn Talks up and running


Following a successful opening presentation by award-winning photographer James Crombie on the mesmerising starling murmuration’s of Lough Ennell, the 38th annual Killarney National Park Autumn Talks Series continues next week with a focus on Irish biodiversity.


The lineup for Thursday, October 15, features guest speaker Professor Grace McCormack of University College Galway, who will present a talk on “The Importance of Native Honeybees and Other Pollinators and Current Threats to Their Survival”.
Prof. McCormack’s address will explore the vital role native bees play in local ecosystems, the environmental pressures threatening their populations, and the conservation efforts required to ensure their survival.
Last night’s (October 8) opening talk, saw Inpho Sports Photography staff photographer James Crombie kick off the six-week series.
Crombie, named Irish Press Photographer of the Year in 2021, 2022, and 2025, shared the story behind his famous images documenting Westmeath’s starling displays, which reached millions of viewers worldwide.
The Autumn Talks Series runs weekly for six weeks in the Killarney House Auditorium (V93 HE3C) at 8.00pm. Admission is free, though seating is limited. All presentations are also live streamed via the Killarney National Park Facebook page.


MESMERISING NATURE: Multi-award-winning photographer James Crombie, who opened the 38th annual Killarney National Park Autumn Talks Series with a presentation on his famous starling murmuration photographs.

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Missing Killarney chef located dead in UK

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Missing Killarney chef located dead in UK


A 34-year search for missing former Killarney chef Patrick (Patsy) O’Sullivan ended following confirmation that he was located deceased in the UK.


Patsy was 35 years old when last seen by relatives in Lombardstown, County Cork, during the Easter Bank Holiday weekend in April 1992. At the time of his disappearance, he was working as a chef in Waterville, having previously worked across several Killarney hotels. He was scheduled to attend a family Christening shortly after returning from Kerry, but never arrived.
Despite decades of public appeals, including features on RTÉ’s Crimecall, his location remained unknown.
Investigations revealed that Patsy moved to the UK and changed his name to Patrick Aldridge in 1995, adopting the surname of his partner who passed away in 2022. He passed away from natural causes on July 5, 2024, living just over an hour away from his brother who also passed away in the UK last year.
Speaking on Cork’s 96FM, his brother Jerry O’Sullivan confirmed the family finally received closure following renewed efforts led by Garda PJ Roche and investigating officers. He noted that while unanswered questions remain about why Patsy started over fresh, the family is grateful for the work that brought final answers.
An Garda Síochána confirmed the missing person case is closed and thanked the public for their assistance over the years.


IN MEMORY: Patrick (Patsy) O’Sullivan, a native of North Cork who worked as a chef in Killarney and Waterville, went missing in April 1992 and was located deceased in the UK. Photo: Garda Press Office.

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