REA Munster Auction 12th November Results

16 November 2015

150 people registered for the REA Munster Auction at the Limerick Strand Hotel including telephone/proxy bidders. 94% of properties were sold at auction with the remaining properties presently under negotiation. Average prices exceeded 35% above the minimum reserves, in particular there was considerable interest in one commercial property at Barrington Street that had a minimum reserve of €200,000 and sold for €337,000. There were multiple bidders on each of the properties indicating strong demand in the Munster region. We have six auctions planned for next year with the first one to be held in February 2016, details to be posted online in December.

Message from REA Director

Liam Browne  REA Paddy Browne

REA is Ireland’s leading property group of Chartered Surveyors with 55 branches nationwide. If you need sales, service and quality advice that you can trust, contact our Team in our central office or our offices nationwide 

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Maggie Walshe REA