Daft Report #7 – 2,009 Drops – Record Number of Drops

January 27, 2008

This is the highest number of drops recorded since we started producing the Daft report, with 1 in 25 properties on the market dropping their price in the last 3 weeks alone.

Over the period from the 4th of January to the 26th of January there were 2,009 price drops and the average drops was 6.2%.

The report is also available in excel and html formats
9,069 properties listed in Daft have now dropped the price at least once.

This report is only available in excel format

Analysis is provided by

- Number of Drops

- County

Time on the Market

On average properties have been on the market for is now 146 days are remain unsold

Sligo remains at the top of the list but is now joined by Mayo where properties on now on the market for an average of 174 days.

Time on the Market Report is available in html.

40% of properties listed on Daft have now been for sale for more than 6 months while 20% have been on the market for 10 months or more.


Daft Report #6 – 324 Drops

January 5, 2008
Over the period from the 15th of December to the 4th of January there were 324 price drops and the average drops was 6.7%.

8,867 properties listed in Daft have now dropped the price at least once.

This report is only available in excel format

Analysis is provided by

-Number of Drops

-County

Time on the Market

The length of time properties remain on the market has increase significantly over the last 3 weeks.

On average properties have been on the market for is now 143 days are remain unsold

Sligo remains at the top of the list where properties on now on the market for an average of 165 days.

Time on the Market Report is available in html.

Almost 35% of properties listed on Daft have now been for sale for more than 6 months.