Updated / Thursday, 19 Jun 2025 13:28
New figures from the Central Statistics Office show that residential property prices grew by 7.5% in the year to April, slightly below the 7.6% rise seen the previous month.
The CSO said that Dublin residential property prices increased by 6.2%, while property prices outside Dublin were 8.6% higher in April compared to the same time last year.
In the 12 months to April, house prices in Dublin rose by 6.1% while apartment prices increased by 6.5%.
According to the CSO, the highest house price growth in Dublin was in Fingal at 9.2% while Dún Laoghaire-Rathdown saw a rise of 4.3%.
Outside Dublin, house prices were up by 8.8% and apartment prices rose by 5.7% in April.
The region outside of Dublin that saw the largest growth in house prices was the Border (Cavan, Donegal, Leitrim, Monaghan, and Sligo) at 11.8%. At the other end of the scale, the South-East (Carlow, Kilkenny, Waterford, and Wexford) saw a 7.2% rise.
Today’s figures show that the median price of a home in April was €365,000.
The highest median price was €670,000 in Dún Laoghaire-Rathdown, while the lowest median price was €185,000 in Leitrim.
Meanwhile, the most expensive Eircode area in the year to April was A94 (Blackrock, Dublin) with a median price of €750,000. F45 (Castlerea, Roscommon) had the least expensive price of €148,000.
The CSO said a total of 3,748 home were filed with Revenue in April, up 4.9% when compared with the 3,572 purchases in April of last year.
The total value of transactions filed in April 2025 was €1.6 billion. This comprised 2,908 existing homes with a value of €1.2 billion, and 840 new homes with a value of €398.1m.
The CSO said that property prices nationally have now increased by 162.7% from their trough in early 2013.
Dublin residential property prices have risen by 158.1% from their February 2012 low, while residential property prices in the rest of Ireland are 175.8% higher than their low point in May 2013.
Commenting on today’s figures, IPAV, the Institute of Professional Auctioneers & Valuers, said it is in all interests that the Government’s new housing plan due next month delivers “transformative” change that will stimulate supply.
“It is now widely accepted that it will be next year at the earliest before any real impact can be made to advance supply, at any meaningful level,” said Pat Davitt, IPAV’s Chief Executive.
He said today’s figures were notable in that only 840 of the 3,748 dwellings purchased in April were new homes.
“If that pattern were to continue for the remainder of the year we could see less than 15,000 new homes this year,” he said.
“Equally, in terms of first-time buyers, with just 1,458 in April the yearly figure is likely be under 20,000.”
