MyHome Report #13 – 27/08/07 – 723 Price Drops / 61 Price Increases Detected

723 Price Drops and 61 Price Increases have been detected on MyHome.ie over the past 2 weeks.

The number of drops & increases seems remarkably consistent over the past couple of fortnights.

Analysis Data

As a new addition to IPW we will publish the details of all properties that are still listed on myhome and have dropped the price at least once since we started collecting data.

The location, bedrooms, property type fields are gathered using a process that is still a work in progress so there may be some errors in these fields. We would appreciate all feedback on this.

The data is available in html and excel format

MyHome Report #12 – 13/08/07 – 740 Price Drops Detected

740 Price drops and 41 price increases have been detected on www.myhome.ie in the past two weeks.

Of note is a €2.25 million reduction (30%) in the asking price of a 4-bed detached house at the K-Club/Straffan. The original €7.5 million price tag can be seen here.

Analysis

Analysis added to include the latest IPW report.

Of note from the latest report is the first property to have reduced the price on 5 occasions. To view click here.

300,000 to 290,000 to 280,000 to 275,000 to 270,000 to 265,000

Analysis

Sorry for the delay but I have finally got around to completing the analysis of the 11 previous myhome reports.

Please see the summary statistics

I was also asked in a previous post to include stats for analysis for Swords and Malahide

Swords

109 properties dropped price.

2 dropped the price 3 times

28 dropped the price twice

Initial Listing Value =€45,953,000

Final Listed Value =€43,926,000

Total Drop= 4.4%

Malahide

45 properties dropped the price

3 dropped the price 3 times.

8 dropped the price twice.

Initial Listing Value =€41,336,500

Final Listed Value =€38,448,000

Total Drop= 7%