Residential property prices jump 8.1% in January – CSO

In January 2025, Ireland’s residential property market experienced an 8.1% annual increase in prices. Dublin saw a 7.5% rise, while areas outside the capital reported an 8.6% uptick. The national median dwelling price reached €359,999, with Dún Laoghaire-Rathdown recording the highest median at €662,349, and Leitrim the lowest at €180,000.

The Border region, encompassing counties like Cavan, Donegal, Leitrim, Monaghan, and Sligo, led with a 12.7% price surge. Conversely, the Mid-East region, including Kildare, Louth, Meath, and Wicklow, experienced a 5.8% increase.

Despite a deceleration from the 10.1% growth observed up to August of the previous year, property prices now stand 16.9% above their 2007 peak. Since early 2013, there has been a cumulative price increase of 160.7%. Factors such as limited housing supply and robust demand continue to drive price growth. Estate agents anticipate a 6% national price increase over the next year, reflecting ongoing supply constraints.