Michael Bolton
Figures from the Central Statistics Office (CSO) show house prices have increased annually by 6.1 per cent in 12 months to February 2024.
Prices in Dublin increased by 5.6 per cent, with prices outside of Dublin increasing by 6.5 per cent.
The region outside of Dublin that saw the largest rise in house prices was the Mid-West (Clare, Limerick, and Tipperary) at 10.8 per cent.
The highest house price growth in Dublin was in Dublin City at 7.7 per cent, while Fingal saw a rise of 4.5 per cent.
In February 2024, 3,327 purchases were made, a 0.7 per cent drop on the 3,351 purchases made 12 months earlier.
The average price of a house was €330,000. The most expensive area to purchase a property was Dún Laoghaire-Rathdown, with the average price in the area €620,000.
The lowest price can be found in Leitrim, with the average price in the county €165,000.
The most expensive Eircode area over the 12 months to February 2024 was A94 ‘Blackrock’ with a median price of €715,025, while F45 ‘Castlerea’ had the least expensive price of €135,000.
Property prices have increased by 142 per cent since early 2013, with prices in Dublin increasing by 141.2 per cent since February 2012.
