Property prices continued to grow across Ireland in November albeit at a slower pace than the previous month, according to the latest residential property price index from the Central Statistics Office (CSO).
Their latest report found that property prices increased by 9.4% in the 12 months to November 2024, with prices in Dublin rising by 9.6% and prices outside Dublin up by 9.2%.
While this was down from 9.7% in the year to October 2024, it shows that prices are continuing to grow across Ireland with this the 15th consecutive month of increases.
In the 12 months to November 2024, house prices in Dublin rose by 9.9% while apartment prices increased by 8.3%.
The highest house price growth in Dublin was in Dublin City at 11.7% while Dún Laoghaire-Rathdown saw a rise of 6.9%.
Outside Dublin, house prices were up by 9.5% and apartment prices increased by 5.8%. The region outside of Dublin that saw the largest rise in house prices was the Border (Cavan, Donegal, Leitrim, Monaghan, and Sligo) at 13.8%, while at the other end of the scale, the Mid-East (Kildare, Louth, Meath, and Wicklow) saw a 6.5% rise.
In November 2024, 4,443 dwelling purchases by households at market prices were filed with the Revenue Commissioners, a decrease of 3.8% when compared with the 4,618 purchases in November 2023.
Households paid a median or mid-point price of €350,000 for a residential property in the 12 months to November 2024. The lowest median price paid for a dwelling was €180,000 in both Leitrim and Longford, while the highest was €654,999 in Dún Laoghaire-Rathdown. The most expensive Eircode area over the 12 months to November 2024 was D06 'Dublin 6' with a median price of €725,000, while H23 'Clones' had the least expensive price of €127,000.
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