Property Focus: The perfect storm that's hitting Killarney's housing market

Returning ex pats combined with supply shortage are distorting the market

Househunters are seeking out Killarney to improve their quality of life. File Picture Dan Linehan

The dynamic of the Killarney property market has been fundamentally changed by the influx of returning locals who have been prompted by the Covid-19 epidemic to seek an improved quality of life on and around the shores of Lough Leane.

That’s according to Michael Coghlan of Sherry FitzGerald Coghlan who says that in 30 years of auctioneering this is the biggest change he has seen. “It’s a perfect storm — you have pent up demand and a supply shortage and then you have people returning to the area with big equity looking to buy property.”