Residential property prices picked up again in the 12 months to May with prices increasing by 7.9% in the month, up from 7.6% in the year to April.
That’s according to the latest figures from the Central Statistics Office (CSO), which show that house prices were rising faster outside the capital where they were up by 8.7%, compared to 6.9% in Dublin.
In the 12 months to May 2025, house prices in Dublin rose by 6.8% while apartment prices increased by 7.2%. The highest house price growth in Dublin was in Fingal at 9.3% while Dún Laoghaire-Rathdown saw a rise of 5.1%.
Outside Dublin, house prices were up by 8.9% and apartment prices rose by 6.7%. The region outside of Dublin that saw the largest growth in house prices was the Border (Cavan, Donegal, Leitrim, Monaghan, and Sligo) at 11.1%, while at the other end of the scale, the South-East (Carlow, Kilkenny, Waterford, and Wexford) saw a 7.7% rise.
Households paid a median or mid-point price of €370,000 for a residential property in the 12 months to May 2025. The highest median price paid for a dwelling was €670,000 in Dún Laoghaire-Rathdown, while the lowest was €186,000 in Leitrim.
The most expensive Eircode area over the 12 months to May 2025 was A94 (Blackrock, Dublin) with a median price of €770,000, while F45 (Castlerea, Roscommon) had the least expensive price of €150,000.
In May 2025, 3,824 dwelling purchases by households at market prices were filed with the Revenue Commissioners, a decrease of 4.3% when compared with the 3,997 purchases in May 2024. The total value of transactions filed in May 2025 was €1.6 billion. This was made up of 2,913 existing dwellings with a value of €1.2 billion, and 911 new dwellings with a value of €443.8 million.
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