Property Prices in Ireland Rise


Residential property prices in Ireland increased by 8.1% in the year to December 2016 with the growth led by the housing market outside of Dublin, the latest index figures show.

The annual increase was down slightly from the 8.2% recorded in the 12 months to November but much higher than the 4.6% in the year to December 2015, the data from the Central Statistics Office also shows.

In Dublin prices were up 5.7% year on year with house prices rising 5.8% and apartments up by 7.9%. The highest house price growth was in South Dublin at 9.7% and the lowest growth was in Fingal with house prices rising just 3.2%.

But in the rest of Ireland prices increased by 12% year on year with house prices up 12.1% and apartments up 9.5%. The biggest increase was in the West with growth of 17.8% while the lowest was in the Mid-East with a rise of 7.6%.

Overall, the national index is 32.1% lower than its highest level in 2007. Dublin residential property prices are 32.8% lower than their February 2007 peak, while residential property prices in the rest of Ireland are 36.3% lower than their May 2007 peak.

In the 12 months to December, the average market price paid by households for a dwelling was €240,947 while the highest prices were in Dublin with an average of €392,233.

The most expensive homes in Dublin are in Dún Laoghaire-Rathdown with an average price of €549,697 while the smallest average prices is €311,556 in South Dublin.

In the rest of the country the next most expensive was the Mid-East with an average of €241,940 and within the Mid-East region County Wicklow was most expensive with an average price of €312,621, making it the second most expensive county after Dublin.

The least expensive region for household purchases over the last 12 months was the Border region with an average price of €113,049 and the least expensive was County Longford in the Midland region with an average price of €87,003.

From the trough in the housing market early 2013, prices nationally have increased by 49.1%. In the same period, Dublin residential property prices have increased 64.3% whilst residential property prices in the Rest of Ireland are 46.6% higher.


Abode Affiliates

  • Alleyne Real Estate
  • Blevins Franks
  • Coldwell Banker
  • Crane Resorts
  • The Hideaways Club
  • Monaco Real Estates
  • RDO
  • Rosemont Consulting
  • St Francis Links
  • Unique Home Stays
  • Yoo
  • Worldwide Dream Villas
  • Cyan International Properties
  • Enigma Yachts Limited
  • Cornerstone Tax Advisors
  • Lida Cucina
  • Pedini London
  • Alexander James
  • Wings
  • Moore Stephen
  • Ibiza Transit Express
  • Oyster Yachts
  • Jumeirah
  • Wall Street Luxury
  • Heron Real Estate
  • Edenhurst
  • MG&AG
  • Gama Property
  • Touch Design Group
  • St Edward
  • Ultra Villa
  • Luxury Italian Living
  • Habitat First Group
  • BDO
  • 7Storeys
  • Smart Currency Exchange
  • Strutt and Parker
  • Prestige Architects
  • Worldwide Property
  • Panorama
  • Dimora
  • Dominic McKenzie Architects
  • The Coastal House
  • Chamonix Ski Chalet
  • Luxe Caribbean Properties
  • Harry Manning
  • Smart Living
  • Isle Blue
  • MAS Marbella
  • London Fractions
  • QTD
  • Page Architects
  • Millgate
  • Jersey Finance
  • guernsey-relocations-logo
  • viberts-logo
  • b-williams-management
  • kpmg-logo
  • author-interiors
  • Wilkinson Beven
  • BoConcept
  • Ante Vrban
  • Experience Invest
  • Move 2 Gozo
  • Deborah Garth
  • Extex
  • You home
  • Ra Shaw Designs
  • Caudwell Collection
  • eastwood private client
  • accanto-interiors
  • Fritz Hansen
  • capital-rise
  • jarrods-staircase
  • neil-davies-logo
  • Tina Shone Group
  • Taplow riverside
  • Aimo
  • ns-ceramics-logo
  • Rusk
  • Consilium Expert Group
  • Ben Krupinski Builder

Enter your dream destination