Q3 2024 Dublin Residential Market Report
It’s very much a seller’s market with low supply and falling interest rates. Our average selling prices were 9% over asking prices, the highest variance we have ever recorded. 68% of our listings were agreed above asking compared to 53% for the same period last year. Rental activity in Q3 was notably stronger in the…
Q2 Dublin Residential Market Report 2024
Our Q2 transaction report on the Dublin residential market confirms it is very much a seller’s market. Values in our key markets are up 4% this year the supply of properties for sale down 18% on the same period last year. Our average selling prices were 6% over asking prices. 78% of our listings were…
Q1 2024 Dublin Residential Market Report
The main trend in quarter one was the lack of supply of properties for sale. According to MyHome.ie there were 3,006 properties listed for sale in Dublin. This is 27% lower when compared with Q1 2023 when 3,842 were listed for sale. In short, supply is not near enough to meet demand and has created…
Dublin 4 residential market update 2024
The main trend in the Dublin 4 residential property market right now, and for the last 12 months, has been the mismatch between supply and demand especially for houses in turn-key condition. A key reason for the low supply of properties for sale was the reluctance to sell on the part of many older couples…
Dublin 8 residential sales market 2024
The Dublin 8 residential market was the strongest performer in our key markets in 2023. Average selling prices were 9% over asking prices. This performance was underpinned by a lack of supply of properties for sale in Dublin 8, down 23% when compared with 2022. Of course property type, condition and price range were big…
The Owen Reilly Report 2024
2023 was a very interesting year for the Dublin residential property market and despite numerous challenges the market performed very well. After falling at the start of the year, property values are up 1 to 2 per cent in our core markets despite ten consecutive interest rate hikes by the ECB. Overall, property prices have increased because the…
Dublin 6 Residential Sales Market 2023
In 2023, the residential market performed very strongly in Dublin 6 underpinned by low stock, especially for houses in turn-key condition. Our average selling prices were 5.5% over asking prices. It was not unusual for us to see open viewing figures on launch weekends with 30 to 40 parties attending for houses and 20 plus…