Variances in demand across the price brackets?

ThisRegard

Have the Central Bank rules created a difference in demand for say properties below €300/250k than for those say guided above €400k?

I've a passing interest at the moment but it appears that sub €250/200k properties are moving relatively quickly and may often sell for above their guide price after a bit of competitive bidding.

Whereas those in the the higher brackets are selling slower and may even had their guide prices reduced after a period of time?

I know a such a difference in demand will always naturally be there simply for financial reasons, but just wondering if the recovery, for want of a better word, in the property market is more pronounced in a subset of the market.

Alkers

From my observations it would appear that things sub 500k in Dublin are selling with no difficulty and often in excess of the guide. I have hardly seen any asking prices reduced unless you up the budget substantially.

Rew

Watching 500+ I see many not make the asking and a few go crazy above.

BondiJen

We are looking in the €550k-€600k bracket in Dublin 14 and all the houses we have viewed (15-20) have sold in excess of the asking price (some by more than €80k).

ThisRegard

Might differ across the regions. The ones I noticed the drops were in I suppose what have been called commuter towns.

Dublin 14 has always been in demand though.

Rew

Yeah lots of variation area to area, really cat believe what people are will to pay for some places