Residential Property prices in July have surpassed the highest level recorded at the peak of the economic boom in April 2007 by a margin of 0.8%
The latest data from the Central Statistics office shows that the national Residential property price index increased by 13.0% in the 12 months to July 2022, with prices in Dublin rising by 10.4% and prices outside Dublin up by 15.2%. The report is based on data supplied by Revenue for house sales during July.
The median price of a dwelling purchased in the 12 months to July 2022 was €295,000.
Tipperary median prices are as follows –
E34 Tipperary Town €147,000
E41 Thurles €176,750
E25 Cashel €178,000
E32 Carrick on Suir €180,000
E21 Cahir €182,000
E91 Clonmel €200,000
E45 Nenagh €215,000
The lowest median price for a house in the 12 months to July 2022 was €145,000 in Longford, while the highest median price was €610,000 in Dún Laoghaire-Rathdown.
Outside Dublin, house prices were up by 15.3% and apartment prices rose by 13.4%. The region outside of Dublin that saw the largest rise in house prices was the West (Galway, Mayo, Roscommon) at 19.1%, while at the other end of the scale, the Mid-West (Clare, Limerick, Tipperary) saw a 12% rise.
Households paid a median or mid-point price of €295,000 for a residential property in the 12 months to July 2022. The most expensive Eircode area over the last twelve months was A94 ‘Blackrock’, with a median price of €720,000, while H23 ‘Clones’ was the least expensive at €117,500.”
