There has been a three-fold increase in the number of 'sale agreed' second-hand homes in January compared to the same time last year, according to new research.

Property website Myhome.ie says it has seen a consistent month-on-month increase in the number of 'sale agreed' second-hand homes since last September.

Myhome.ie says December saw the highest number of ‘sale agreed’ properties per month in the whole of 2009 in what is normally a quiet time for the property market.

Last month, ‘sale agreed’ properties in Dublin rose three-fold with 658 properties reaching ‘sale agreed’ status last month compared with just over 200 in January 2009.

Similar trends were seen in Kildare, Wicklow and Meath.

Myhome.ie also says that to date, the month of February is showing twice as many ‘sale agreed’ homes in Dublin compared with the same month last year.