Monaghan House Prices Drop More Than 50%

The average house price in Monaghan has dropped a huge 50% since the 2007 peak.

According to the latest report from DAFT.ie, house prices in Monaghan have fallen 50.9 percent.

According to the report 2011 in review from Daft.ie, the average price of a property in Monaghan is 160 thousand 563.

The final three months of last year saw the sharpest quarterly falls in asking prices yet, at 7.7 percent nationally.

The quarterly drop was recorded at in Monaghan  was 13 percent.

The Daft report also says it takes about 7 months for a third of properties to sell across Connaught/Ulster, compared to three months or shorter elsewhere.

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