by Gauk
Thu, Sep 24, 2020 11:05 PM
Our Auction Catalogue Closes this Friday 25th September.
Contact us today to include your property in our Nationwide Property Auction.

Auction taking place at 12 noon on Friday 30th October. 

Catalogue Launching Thursday 1st October.

Last month we achieved many sales in excess of pre-lockdown results, indicating that the housing market is bouncing back:
 

80% Success Rate
Total Sales in Excess of €3.0 million

Average Sale Prices:
2.9 x Higher than Reserve across our entire catalogue
9% Higher than guide prices across Galway City & Suburbs


 

Auctioneer Colm O'Donnellan experienced multiple bidding wars while on the podium combining phone, internet and proxy bidders while over 3,500 spectators tuned in to watch the live video stream. The layout of the auction room was very different to that of a pre-covid auction but the energy remained and bids were received fast from the pool of over 200 pre-registered bidders. There was a high level of international interest with a number of properties selling to non-resident purchasers. 

Noteworthy sales included Lot 1 - A former Garda Station & Residence in Leenane, Co. Galway. This ideally located detached house is situated on an elevated site and overlooks the tranquil Killary Fjord. Benefitting from additional outhouses and a self contained office unit (former Garda Station), the property attracted great interest and almost 40 bidders despite the level of repair and renovation work that was required. The final sale price was €325,000 - over 4 times the guide price of €70,000.

Additional noteworthy sales included a site at New Inn, Co. Galway which reached a sale price of €38,000 when guided at just €5,00. In Galway City, a two bedroom apartment at Bridgewater Court near the Claddagh sold for €12,000 over the asking price of €168,000. On the east side of the city, a Riverside home achieved a sale price of €255,000 while a semi-detached Tuam home sold for 13% above the AMV at €153,000. 

O'Donnellan & Joyce are delighted to offer a free property valuation service for those thinking of selling a property. 

Sell now while the market is strong!

Call us on 091 564 212
or
Email info@odj.ie
To arrange your free 'Thinking of Selling' valuation today!

 
View the September Auction Video

From all at O'Donnellan & Joyce, I thank you for your time and I look forward to doing business with you soon!

Kind Regards,



_____________________
Colm O'Donnellan

Senior Partner at O’Donnellan & Joyce Auctioneers
Phone: (091) 564212 | PRSA: 001955
Website: 
www.odonnjoyce.com | 5 Mary Street, Galway | DX:4517 

 
published by Gauk

 

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