Property prices in Dublin rose by 7.5% and prices outside Dublin were up by 8.6% compared with January 2024 (PA)
Property prices in Dublin rose by 7.5% and prices outside Dublin were up by 8.6% compared with January 2024 (PA)
Property prices jumped by 8.1% in the 12 months to January this year, according to figures released by the Central Statistics Office (CSO).
Property prices in Dublin rose by 7.5% and prices outside Dublin were up by 8.6% compared with January 2024.
The median price of a dwelling purchased in the 12 months to January this year was 359,999 euro, figures showed.
The highest median price for a dwelling was 662,349 euro in Dun Laoghaire-Rathdown, while the lowest was 180,000 euro in Leitrim.
We need your consent to load this Social Media content. We use a number of different Social Media outlets to manage extra content that can set cookies on your device and collect data about your activity.
The most expensive Eircode area over the 12 months to January 2025 was Blackrock with a median price of 743,500 euro, while Clones in Co Monaghan had the least expensive price of 133,000 euro.
In January this year, 3,801 dwelling purchases by households at market prices, with a value of 1.6 billion euro, were filed with the Revenue Commissioners, an increase of 5% when compared with the 3,621 purchases in January 2024.
These purchases were made up of 2,824 existing dwellings with a value of 1.2 billion euro, and 977 new dwellings with a value of 459 million euro.
Revenue data shows that there were 1,504 first-time buyer purchases in January 2025.
Outside of the capital, house prices were up by 8.9% and apartment prices rose by 5%.
In Dublin, residential property prices saw an increase of 7.5%, while property prices outside Dublin were 8.6% higher in January 2025 when compared with a year earlier
The region outside of Dublin that saw the largest growth in house prices was the border – which includes Cavan, Donegal, Leitrim, Monaghan, and Sligo – at 12.7%, while at the other end of the scale, the mid-east – Kildare, Louth, Meath, and Wicklow – saw a 5.8% rise.
Niall Corkery, statistician in the CSO prices division, said: “Residential property prices rose by 8.1% in the 12 months to January 2025, down from 8.8% in the year to December 2024.
“In Dublin, residential property prices saw an increase of 7.5%, while property prices outside Dublin were 8.6% higher in January 2025 when compared with a year earlier.”
Property prices nationally have increased by 160.7% from early 2013.
Dublin residential property prices have risen by 158.3% from their February 2012 low, whilst residential property prices in the rest of Ireland are 171.8% higher than May 2013.