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Is now a good time to sell?

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By Ted Healy of DNG TED HEALY 

The most recently published property outlooks are all telling us that national property prices are set to continue their upward trajectory in 2022.

But before we look forward let us consider what has happened in 2021.

After a subdued start due to the ongoing pandemic, the housing market took off with a bang in 2021, leading to double-digit price growth. A mix of soaring demand, restricted supply, historically low interest rates – and an increased focus on lifestyle thanks to the move to remote working – turned up the temperature on property prices right across the country. To a degree it has proved the perfect storm.

Unsurprisingly, the lack of supply of new and second-hand properties remains the dominant issue and this will continue to be the main market driver going forward. Construction levels are not where they should be, due largely to a hangover from pandemic lockdowns closing the sector. The other obvious concern here is the rising cost of construction, labour, materials and utilities.

Given the demand/supply imbalance, further price increases are inevitable this year.
Locally, the supply of new homes to the market is not expected to match demand levels which in turn is putting pressure on the second hand market. This market has proved particularly strong in recent months, and has strengthened even further since the turn of the year with multiple competitive bidding on most properties and guide prices being generally exceeded.

The detached family home end of the market is particularly strong with increased competition for a limited number of available well located family homes. The pandemic has also focused people’s minds and speeded up their buying decisions to “right size” their living arrangements.

The ‘work from home’ phenomenon, a direct result of the pandemic, has led to returning homebuyers fuelling this market. Those lucky enough to have sold in one of the major cities are directly benefiting from recent price inflation and are therefore in a particularly strong buying position.

So, what lies ahead and is it a good time to sell your property?

The answer is further likely price increases (albeit at perhaps a reduced rate) and now is most definitely a good time to sell.

If selling now you will benefit greatly from a lack of supply of available homes (therefore less competition) and likely achieve a bonus price for the right property (marketed correctly of course!)

We are currently experiencing homes selling in record time with strong prices across all sectors. The number of available homes for sale in the local market are at record low levels at present which is a major factor in projected further price inflation.

For anyone considering placing their property on the market, contact DNG Ted Healy for the best honest advice on how to achieve the best possible price for your home. 

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Pedal for Grace returns to Firies for fifth year

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The fifth annual Pedal for Grace community fundraiser will take place in Firies on Saturday, September 5, with organisers aiming to push total funds raised past the €90,000 milestone.


Held in honour of local girl Grace O’Sullivan, who lives with Stargardt disease, the event brings together cyclists, walkers, and supporters from across the local community to raise vital funds for Vision Ireland. Over the past four years, the initiative has raised almost €90,000 for the national sight loss charity.
This year’s event offers options for all fitness levels, including a 60km route, shorter spins, and a walking course, with tandem options also available. Following the physical challenges, the day will feature a community barbecue, family fun activities, a raffle, and an evening of music and entertainment.
Grace was diagnosed with Stargardt disease, a genetic eye condition that affects central vision and causes progressive sight loss. The annual event was established by her family to raise awareness and support Vision Ireland’s work, which provides practical and emotional support, rehabilitation services, and assistive technology to help people living with visual impairments maintain independence.
Members of the public are invited to register in advance or support the event in Firies on the day. Full details and registration information are available on the Vision Ireland website.

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Top golf scores at Mahony’s Point

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Top golf scores at Mahony’s Point


Ivan Tagney and Aoife Twomey secured top honours at Killarney Golf and Fishing Club as members turned out in large numbers to compete for Captain Tomás Kelliher’s Prize on Mahony’s Point.


In the men’s event, Ivan Tagney claimed the Captain’s Prize with an impressive 42 points. Conor Dillon carded 48 points, returning the lowest score of the weekend, though he was ineligible for the main trophy without an established handicap.
Despite wet weather, the ladies section produced remarkable scoring on Sunday. Aoife Twomey took first place playing off 28 handicap, recording a nett 63. June O’Brien finished runner-up with a 67 nett, followed by Kay O’Connor in third with a 69 nett.
Captain Tomás Kelliher extended his thanks to the committee, staff, and volunteers for organising the flagship competition, praising the course condition and strong turnout across both events.

Results
Men’s Captain’s Prize 1st: Ivan Tagney (42 pts) Best Score: Conor Dillon (48 pts) 3rd: Joseph Sheahan (41 pts) 4th: Michael Cotter (41 pts) 5th: Emmet Scanlon (41 pts) 6th: Ian Sherlock (41 pts) 7th: Cathal O’Connor (40 pts) 8th: Aaron McCann (40 pts) 9th: Dan Quirke (40 pts) 10th: Mark Tuite (40 pts) 11th: Alan O’Meara (40 pts) 12th: Donal Begley (40 pts) Best Gross: Donal Considine (72) Category 1: 1st Kevin Leacy (39 pts), 2nd Ian Cronin (39 pts) Category 2: 1st Adam Carey (40 pts), 2nd Jack Crehan (40 pts) Category 3: 1st John McEnery (40 pts), 2nd Thomas Coleman (39 pts) Category 4: 1st Mike Dreelan (38 pts), 2nd Jason Reen (38 pts) Front Nine: Aaron Coffey (24 pts) Back Nine: Chris Myers (24 pts) Past Captain: Pat Cussen (38 pts) Over 70: Joe Geaney (39 pts) Committee Prize: Shane Horgan (38 pts) Guest Prize: Jack Kelliher
Ladies Captain’s Prize 1st: Aoife Twomey – 63 (28) 2nd: June O’Brien – 67 (20) 3rd: Kay O’Connor – 69 (13) 4th: Louise Langan – 70 (19) 5th: Mary Tobin – 71 (20) 6th: Geraldine Tarrant – 71 (26) 7th: Kathleen O’Keefe – 71 (19) 8th: Noreen O’Callaghan – 72 (18) 9th: Anne Moynihan – 72 (2) 10th: Breda Duggan – 72 (29) Best Gross: Kelly O’Donoghue (76) Front Nine: Kate O’Leary Back Nine: Sarah O’Brien 13-Hole Competition: Maud Malone – 24 pts (28)

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