Renvyle Letterfrack one of five seaside locations to record largest property price hikes since pandemic

Galway Bay fm newsroom – The Renvyle Letterfrack area in Connemara has been listed as one of the top five seaside locations with the biggest house price increases since the pandemic took hold.

A new report from Daft.ie reveals the price of a home by the coast has risen by an average of 23% since the pandemic began – with Renvyle Letterfrack recorded as having the fourth highest coastal house prices.

Homes in Kilmore Quay in Wexford experienced a jump of over 52% in price, while properties in Dunmore East in Waterford saw a price rise of over 51%.

Residential units in Lahinch in Clare and in Renvyle Letterfrack in Connemara recorded a price hike of over 39%.

Dr. Tom Gillespie, Environmental Economist with NUIG and author of the report, says there’s a clear trend emerging at such seaside locations.