The national Residential Property Price Index (RPPI) increased by 1.5% in the 12 months to July 2023, with prices in Dublin decreasing by 1.4% and prices outside Dublin up by 3.8%.

In July 2023, 4,174 dwelling purchases by households at market prices were filed with the Revenue Commissioners, down by 6.1% when compared with the 4,443 purchases in July 2022, CSO data shows.

The median price of a dwelling purchased in the 12 months to July 2023 was €320,000.

The lowest median price for a house in the 12 months to July 2023 was €160,000 in Longford, while the highest median price was €630,000 in Dún Laoghaire-Rathdown.

Statistician Niall Corkery said: “Residential property prices rose by 1.5% in the 12 months to July 2023, down from 2.1% in the year to June 2023.”

Regional changes

In the 12 months to July, house prices in Dublin fell by 1.8% while apartment prices were up by 0.1%.

The highest house price growth in Dublin was in Fingal at 1.4%, while Dublin city saw a decline of 4.5%.

Outside Dublin, house prices were up by 3.9% and apartment prices rose by 2%. The region outside of Dublin that saw the largest rise in house prices was the south-east (Carlow, Kilkenny, Waterford, Wexford) at 4.8%, while the border region (Cavan, Donegal, Leitrim, Monaghan, Sligo) saw a 2.2% rise. 

In July 2023, 4,174 dwelling purchases by households at market prices were filed with the Revenue Commissioners, a decrease of 6.1% compared with the 4,443 purchases in July 2022.

Households paid a median or mid-point price of €320,000 for a residential property in the 12 months to July 2023.

The lowest median price paid for a dwelling was €160,000 in Longford, while the highest was €630,000 in Dún Laoghaire-Rathdown.

The most expensive Eircode area over the 12 months to July 2023 was A94 'Blackrock' with a median price of €735,000, while F35 'Ballyhaunis' had the least expensive price of €127,500.