Returning locals are driving up house prices in Tralee 15%

Property Focus: A profile of the housing market in the North Kerry town

The Mall in Tralee. An influx of buyers puts pressure on housing stock, already in short supply in a town. Picture: Domnick Walsh

Tralee auctioneers, like those in many parts of the country, are reporting increased levels of activity and dramatic changes in buyer behaviour since the start of the pandemic.

As a result of an influx of returning locals, they say they are seeing multiple bidders on properties, which are selling more quickly and often for higher prices than were achieved before the pandemic. As the influx of buyers puts pressure on housing stock, already in short supply in a town that has seen little new development in recent years, they say prices are rising.