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  • Property prices continue to rise but there is once again a fall in Dublin
Market Trends
Nov 15, 2023 - 11:42

Property prices continue to rise but there is once again a fall in Dublin

MyHome Content Studio
By MyHome Content Studio
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Property prices continue to rise but there is once again a fall in Dublin

Property prices continued to rise across the country in September but there was once again a slight fall Dublin, according to the latest figures from the Central Statistics Office (CSO).

The latest national Residential Property Price Index showed that prices were up 1.4% in the 12 months to September, with prices in the capital falling by 1.9% - the same level as August – and prices outside Dublin up by 4%.

In September prices were up 0.8% compared with the previous month across the State.

In the 12 months to September 2023, house prices in Dublin fell by 2.5% while apartment prices were up by 0.7%. Within Dublin, there was a fall in house prices of 0.1% in Fingal, while Dublin City saw a decline of 4%.

Outside Dublin, house prices were up by 3.9% and apartment prices rose by 4.5%. The region outside of Dublin that saw the largest rise in house prices was the South-West (Cork, Kerry) at 5.4%, while at the other end of the scale, the Midlands region (Laois, Longford, Offaly, Westmeath) saw a 2.3% rise.

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In September 2023, 4,255 dwelling purchases by households at market prices were filed with the Revenue Commissioners, down by 7.2% when compared with the 4,583 purchases in September 2022.

The median price of a dwelling purchased in the 12 months to September 2023 was €320,000.

The lowest median price for a house in the 12 months to September 2023 was €160,000 in Longford, while the highest median price was €635,000 in Dún Laoghaire-Rathdown.

The most expensive Eircode area over the 12 months to September 2023 was A94 'Blackrock' with a median price of €735,000, while F45 'Castlerea' had the least expensive price of €130,000."

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MyHome Content Studio
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