Residential property prices show 2.4% annual increase – CSO

Prices in the capital fell by 0.2 per cent in the 12 months to May
Residential property prices show 2.4% annual increase – CSO

Muireann Duffy

The average price of residential properties nationally increased by 2.4 per cent in the year to May, according to the latest figures from the Central Statistics Office (CSO).

The Residential Property Price Index was up by 4.5 per cent outside of Dublin, while prices in the capital fell by 0.2 per cent.

May noted the smallest annual increase of the year so far, falling steadily from the 6.2 per cent increase recorded in January's figures.

In May, 4,435 dwelling purchases by households at market prices were recorded, up 18.9 per cent on the same month last year.

Nationally, the median price paid for a residential property in the 12-month period was €315,000.

Dún Laoghaire-Rathdown continued to have the highest median price of any area in the country at €630,000, while Longford's median price of €160,000 was the lowest in the State.

Houses in the west of the country saw the biggest jump in prices over the period, rising by 5.7 per cent, followed by similar properties in the mid-east (up 5.6 per cent) and those in the Midlands (up 5.1 per cent).

In addition to the overall price decline in Dublin, three further categories in the capital saw reductions; houses in Dublin city (down 2.8 per cent), houses in Dún Laoighaire-Rathdown (down 1.6 per cent), and houses in Dublin overall (down 0.4 per cent).

more CSO articles

Tourism In Dublin Over 528,000 foreign visitors came to Ireland in April 2025, down by 4%
Child boy playing games on a smartphone,kids education technology,addiction Ireland will need dedicated clinic to deal with phone addiction, says professor
Cost of living crisis Cost of living in Ireland: How quickly are prices rising?

More in this section

Bloom festival 2025 Micheál Martin to attend major North-South business conference
Ballymena Protest Fire at leisure centre on third night of disorder in Northern Ireland
Tributes paid to ‘absolute gentleman’ (81) killed in Kerry cycle accident Tributes paid to ‘absolute gentleman’ (81) killed in Kerry cycle accident

Sponsored Content

Digital advertising in focus at Irish Examiner’s Lunch & Learn event  Digital advertising in focus at Irish Examiner’s Lunch & Learn event 
Experience a burst of culture with Cork Midsummer Festival  Experience a burst of culture with Cork Midsummer Festival 
How to get involved in Bike Week 2025 How to get involved in Bike Week 2025
Us Cookie Policy and Conditions

© Examiner Echo Group Limited

Add Echolive.ie to your home screen - easy access to Cork news, views, sport and more