Dublin House Transaction Prices Fell 2.3% March-June; National Slowdown Evident

Dublin house transaction prices fell by 2.3 per cent between March and June compared to last year, according to Daft.ie. This preliminary figure from the property price register may be revised. List prices for Dublin homes, however, were up 3 per cent annually, a decrease from 5.5 per cent a year prior. The average listing price for a three-bedroom semidetached house was €580,000.

Nationally, asking prices increased at a slower rate over the past 12 months. A «two-speed» market is emerging: prices in cities are stable or falling, while rural Irish prices continue to accelerate. National house prices were 3.8 per cent higher in the past three months year-on-year, with an annual inflation rate of 6.8 per cent in Q2 2025.

In Munster, house prices rose 6.3 per cent annually in Q2, and in Connacht by 8.8 per cent, largely unchanged from last year. Supply levels remain tight in these markets, supporting prices. Nationally, listed house prices are 44 per cent above pre-Covid levels but 8 per cent below the Celtic Tiger-era peak.

National transaction prices rose by only 0.6 per cent between March and June, easing the annual inflation rate to 3.2 per cent, the slowest since 2023. Second-hand property listings increased by 6 per cent year-on-year to 13,118 on June 1st, but availability outside Dublin remains weak. Sales of newly-built homes rose 17 per cent in the year to June.