Flurry of sales as final residences in Mount Oval scheme woo buyers

THERE’s very little overhang of built houses in the Cork city market for when market sentiment and buying picks up — it is virtually all apartments. That’s according to new homes estate agent Trish Stokes, who reckons the tally of built houses in the city environs is in the realm of low hundreds — just a few months normal market supply.

Flurry of sales as final residences in Mount Oval scheme woo buyers

And, she adds, stock in the pipeline is also fairly in short supply in many areas “if you want a new, three-bed semi, you could be waiting eight months for it to be built.”

She made her comments as pre-Christmas price-drops on remaining built houses at the Mount Oval scheme have seen a flurry of early 2010 sales. Now, just 41 out of 900-plus houses remain to complete what is probably Munster’s most comprehensive new homes development.

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