October sales and rental market update
Despite a general consensus that the Dublin property market has cooled due to increased supply and rising interest rates, October was another very active month with strong demand from motivated buyers. Surprisingly our average selling prices were 8.5% above average asking prices compared to +4.7% in September. Our average selling price was €695,714 and 86%…
September Sales and Rental market update
September is when the autumn season gets into full swing and it was very active with a pick-up in supply and robust demand. Our average selling prices were +4.7% above average asking prices compared to +2.9% in August. 83% of our sales were agreed above asking. Average selling times were very fast at 6.5 weeks…
Q3 2022 Dublin Residential market report
Q3 was a very active quarter with no let-up in buyer demand in July and August, traditionally quieter months. In September there was a notable increase in the supply of properties coming to market which combined with raising interest rates saw price inflation cool. Demand is strongest for properties priced up to €450,000 where first time…
August sales and rental market update
August is traditionally a quiet month for the Dublin residential market. However, this year strong activity continued right into August from July as more sellers came to market and motivated buyers continued to be active. Our average selling prices were +2.9% above average asking prices compared to +4.4% in July. 70% of our sales were…
July sales and rental market update
July was an extremely busy month, the busiest July in our 15 year history. We listed 40% more properties than the same period last year and agreed 30% more sales. Given demand didn’t stop, many vendors brought forward the sale of their property that were earmarked for September. Our transactional data shows no signs of…
Q2 2022 Dublin Residential Market Report
Our Q2 transaction report on the prime Dublin residential market is out. These are the main trends we are seeing: Our average selling prices were +5.2% above asking prices, up on Q1 which was +3.7%. 37% of our buyers were first time buyers with an average selling price of €658,998. Average selling prices per sq.…
June sales and rental market update
June was a very active month in our key markets and our transactional data shows no signs of the market cooling. Selling prices were 5.4% above asking prices with fast selling times at 4.6 weeks. However there was a 30% increase in new listings so it will be interesting to see what results we see…