We use cookies to collect and analyse information on site performance and usage to improve and customise your experience, where applicable. View our Cookies Policy. Click Accept and continue to use our website or Manage to review and update your preferences.


Strictly necessary cookies

Cookie name Duration Cookie purpose
ASP.NET_SessionId Session This cookie holds the current session id (OPPassessment only)
.ASPXANONYMOUS 2 Months Authentication to the site
LSI 1 Year To remember cookie preference for Law Society websites (www.lawsociety.ie, www.legalvacancies.ie, www.gazette.ie)
FTGServer 1 Hour Website content ( /CSS , /JS, /img )
_ga 2 Years Google Analytics
_gat Session Google Analytics
_git 1 Day Google Analytics
AptifyCSRFCookie Session Aptify CSRF Cookie
CSRFDefenseInDepthToken Session Aptify defence cookie
EB5Cookie Session Aptify eb5 login cookie

Functional cookies

Cookie name Duration Cookie purpose
Zendesk Local Storage Online Support
platform.twitter.com Local Storage Integrated Twitter feed

Marketing cookies

Cookie name Duration Cookie purpose
fr 3 Months Facebook Advertising - Used for Facebook Marketing
_fbp 3 months Used for facebook Marketing
Property prices outside Dublin rose by 9% in July
Pic: Shutterstock

15 Sep 2021 / property Print

Property prices outside Dublin rose by 9% in July

The Residential Property Price Index (RPPI) increased by 8.6% nationally in the year to July.

Prices in Dublin rose by 8.1% and prices outside Dublin rose by 9.1%.

In July 2021, a total of 3,822 dwelling purchases, by households at market prices, were filed with Revenue – an increase of 49.2% compared to July 2020, CSO data shows.

The median price of a dwelling purchased in the 12 months to July 2021 was €267,000.

In the 12 months to July 2021, the lowest median price for a house was €120,000 in Longford, while the highest median price was €560,00 in Dún Laoghaire-Rathdown.

Statistician Viacheslav Voronovich said: “In the period before COVID-19, the annual growth in residential property prices fell gradually, from 13.4% in April 2018 to 0.9% in March 2020.

“While price growth remained subdued throughout most of 2020, a trend of accelerating growth emerged in the latter part of the year, and into 2021.

Residential property prices increased by 2.2% annually in December 2020, before price growth rose to 8.6% in July 2021.”

COVID-19 restrictions impacted on the ability to buy. Households purchased 2,351 dwellings in April 2020, a reduction of 28.9% compared with the same month in 2019.

In May 2020, households purchased 1,937 dwellings, a fall of 46.2% – and the lowest monthly number of purchases since February 2014. 

Since the latter part of 2020, purchases by households have returned to pre-COVID-19 levels.

Pre-COVID levels

In the first seven months of 2021, there were 24,280 dwellings purchased by households at market prices. This compares with 24,416 for the first seven months of pre-pandemic 2019.

Existing dwellings accounted for 3,221 (84.3%) of the purchases filed with the Revenue Commissioners in July 2021 – the balance of 601 (15.7%) were new properties.

The highest median prices outside of Dublin were in Wicklow (€370,000) and Kildare (€330,000).

Gazette Desk
Gazette.ie is the daily legal news site of the Law Society of Ireland