In a recent report from the Central Statistics Office (CSO), Ireland’s housing market exhibits robustness, marking a 2.3% year-over-year surge in prices. However, Dublin, home to a diverse population, including expatriates, experienced a slight dip of 0.6%. The CSO’s October figures reveal 4,604 houses sold, showcasing a noteworthy 7.2% uptick from the previous year. The average house price settled at €323,000, and first-time homebuyers increased by 2.8%.
Notably, the lowest-priced house, a modest €160,000 abode, changed hands in Longford, while the highest-priced residence, at €630,000, was sold in Dún Laoghaire-Rathdown, Dublin. Outside Dublin, Wicklow leads with an average house price of €427,000, followed closely by Kildare at €390,000.
Aircode A94 Blackrock emerges as the area with the country’s highest selling prices, averaging €730,000 over the past 12 months. In stark contrast, aircode F45 Castlerea boasts the most affordable houses, with an average price of just €135,000, showcasing the diverse landscape of Ireland’s real estate market.