This report is over the 1 week period, the 17th to the 25th of August 2008.

The drops per day on Daft was 175 up from 119 last week.

The stock of unsold properties on Daft is currently equal to 11.4 months supply, up from 10 last week.  Based on the removals over the last 2 weeks and assuming no new properties are listed.

The drops per day from all sites is just over 219 up from 163 last week.

There were 1,535 drops and the average drop was €30,392
Over the same period there were 75 increases and the average increase was €22,009

The 1,535 properties reduced the price by just over €46.7 million in total.

The 75 properties raised their price by just under €1.7 million in total.

20% (12,590) of properties for sale have been on the market for over a year.

47% (28,947) of properties for sale have been on the market for over 6 months.

The average number of days properties have been listed is 211 days.

1,708 properties were removed from Daft during the last week while 1,341 new properties were added.
You can See the Report by clicking here

From the 20th to the 27th of August 2008 there were 990 rent reductions. The average reduction was €85 per month.
There were 123 rent increases over the same period, the average increase was €123.

The number of properties for rent in Ireland dropped to 15,678 from 15,728 the previous week

Please click here for the full report.

Time on the Market

• 5 Months+ 1,281 Properties, Average Rent = €1,371
• 4-5 Months 543 Properties, Average Rent = €1,245
• 3-4 Months 996 Properties, Average Rent = €1,297
• 2-3 Months 1,388 Properties, Average Rent= €1,254
• 1-2 months 2,796 Properties, Average Rent=€1,257
  
• 0-1 Months 8,674 Properties, Average Rent= €1,126

3,326 properties were rented in the last week and the average rent was €1,138.

Try the new advanced search for rental properties Link

For example - Dublin City properties for rent longer than 5 months. Click Here