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THE AVERAGE ASKING price of a home in Knocknacarra, Co Galway is just over €307,000, according to the latest data from Daft.ie.
While prices here are cheaper than nearby Salthill – which has an average house price of €344,654 – Knocknacarra is still in the top tier of neighbourhoods around Galway city and county in terms of prices.
With Salthill the most expensive area, Knocknacarra and Galway city centre both come a close second. Analysis of all properties advertised in the area in the first three months of 2018 puts the average list prices for both areas at €307,014 and €307,105 respectively.
The average asking price across Galway city and county is roughly €235,000.
Knocknacarra’s average property price for the first few months of 2018 represents a 5.6% rise on the same period in 2017, a trend which looks set to continue.
In fact, prices in Knocknacarra have risen by a massive 41% since their lowest level in 2012, when the average hovered around €180,000.
However, they most definitely have a long way to go still before approaching their Celtic Tiger peak of €429,000.
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