Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Shutterstock

Home prices rise by almost 15% around the country in the space of a year

The median price nationally of a home bought in the 12 months up to January this year was €280,000.

RESIDENTIAL PROPERTY PRICES across Ireland have risen by 14.8% in the 12 months up to January this year, latest figures from the Central Statistics Office (CSO) show. 

Prices in Dublin increased by 13.3% and prices outside Dublin rose by 16%. 

The median price nationally of a home bought in the 12 months up to January this year was €280,000.

The lowest median property price in this time period was €130,000 in Longford. The highest median price was €595,000 in Dún Laoghaire-Rathdown. 

The region outside Dublin that saw the biggest price increase was the border area where prices increased by 24.7%. 

The mid-west had the lowest rise of 13.8%. 

The number of home purchases at market prices filed with Revenue increased by 0.9% between January 2021 and 2022. The number rose from 3,484 in the first month of last year to 3,517 in January this year. 

Just over 17% of home purchases filed with Revenue were new builds. Around 82% were existing dwellings.  

Close
11 Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel