Housing prices in Carlow were 9% higher than the year previous
Prices rose for the fourth consecutive quarter in Dublin, where the increase of 9% during 2024 matched the national average and marked the highest rate of inflation seen in the city since late 2017.
In Carlow, prices in the final three months of 2024 were 9% higher than a year previously, compared to a rise of 1% seen during 2023. The average price of a home is now €268,000, 44% above the level seen at the start of the covid19 pandemic.
Housing prices nationally rose by an average of 9% during 2024, according to the latest Daft.ie House Price Report released today by Ireland’s largest property website, Daft.ie. The typical listed price nationwide in the final quarter of 2024 was €332,109, 1.4% higher than in the third quarter of the year and 30% higher than at the onset of the covid19 pandemic.
Prices rose for the fourth consecutive quarter in Dublin, where the increase of 9% during 2024 matched the national average and marked the highest rate of inflation seen in the city since late 2017. Galway city saw a similar increase during the year, while in Limerick city, prices rose by 8.2%. In Cork and Waterford cities, average prices rose by 6.3% during 2024. Outside the five main cities, inflation ranged from 11.1% in Leinster to 5.3% in Connacht-Ulster.
The number of second-hand homes available to buy nationwide on December 1st stood at less than 10,500, down 15% year-on-year and the lowest total ever recorded in a series extending back to January 2007.