The average cost of a house price in Kerry has dropped by 8.4% in the last year to €191,074 according to a new report by Daft.ie.
The report found that the the biggest drops of 16% were in 4 and 5 bedroom houses which dropped to averages of €233,000 and €245,000 respectively.
One bedroom apartments in Kerry were averaging at €75,000 down 13%, and two bedroom terraced houses at €86,000 down 15%, and 3 bed semi's at €122,000 down 9%.
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Average rents in Munster are down less than 1%.
In Dublin the figure for available properties has risen by 63 percent, with short term lets which are usually used by tourists moving into the wider market.
