Residential Property Price Index July 2025

Residential Property Price Index - Overview

Residential property prices rose by 7.5% in the 12 months to July 2025, down from 7.9% in the year to June 2025. In Dublin, residential property prices saw an increase of 6.0%, down from 6.8% in the 12 months to June 2025. Property prices outside Dublin were 8.7% higher in July 2025 when compared with a year earlier, a decrease, from 8.8% in the year to June 2025 (See Figure 1 and Table 1).

Residential Property Price Index by Region

In the 12 months to July 2025, house prices nationally rose by 7.7% while apartment prices increased by 6.0%. In Dublin, house prices grew by 6.2%, and apartment prices were up by 5.3%. Outside Dublin, house prices were up by 8.7% while apartment prices rose by 7.5%.

In Dublin, the highest house price growth was in Dublin City at 7.7% while Dún Laoghaire-Rathdown saw a rise of 4.7%. The regions outside of Dublin that saw the largest growth in house prices were the Midlands (Laois, Longford, Offaly, and Westmeath) at 10.9%, and the Mid-West (Clare, Limerick, and Tipperary) at 10.3%. At the other end of the scale, the South-East (Carlow, Kilkenny, Waterford, and Wexford) and the South-West (Cork and Kerry) both saw an 8.1% rise in house prices (See Figure 2).

Historical Trends

The national index has now reached the value of 197.7, which is 20.9% above its highest level at the peak of the property boom in April 2007. Dublin residential property prices are 6.8% higher than their February 2007 peak, while residential property prices in the Rest of Ireland are 23.0% higher than their May 2007 peak.

Property prices nationally have increased by 169.4% from their trough in early 2013. Dublin residential property prices have risen by 164.4% from their February 2012 low, while residential property prices in the Rest of Ireland are 183.1% higher than at the trough, which was in May 2013 (See Figure 3).

Median Property Prices by Region

Households paid a median price of €374,999 for a dwelling on the residential property market in the 12 months to July 2025.

The region with the highest median price in the year to July was Dublin, with a median price of €490,000. Within Dublin, the most expensive region was Dún Laoghaire-Rathdown, where the median price was €675,000. The least expensive region within Dublin was Fingal, which had a median price of €460,000.

Outside of Dublin, the most expensive region over the last 12 months was Wicklow, with a median price of €451,000. The second most expensive region was Kildare, which had a median price of €429,325.

The least expensive regions over the last 12 months were both Donegal and Leitrim, where the median price paid for a dwelling was €195,000 (See Map 1).

Median Property Prices by Eircode Area

In the year to July, the Eircode area with the highest median price for household dwelling purchases was A94 (Blackrock, Dublin), with a median price of €795,000. The five most expensive Eircode areas by median price were in Dublin. The second most expensive Eircode area was D14 (Dublin 14), where the median price was €749,895. The third most expensive Eircode area was D6W (Dublin 6W), which had a median price of €708,000.

The Eircode area with the least expensive median price within Dublin was D10 (Dublin 10), where the median price was €314,000.

Outside of Dublin, the most expensive Eircode area over the last 12 months was A98 (Bray, Wicklow), with a median price of €549,999. The second most expensive Eircode area was A63 (Greystones, Wicklow), which had a median price of €525,000.

The least expensive Eircode area over the last 12 months was F45 (Castlerea, Roscommon), with a median price of €150,000. The second least expensive Eircode area was F35 (Ballyhaunis, Mayo), where the median price was €160,000. The third least expensive Eircode area was H23 (Clones, Monaghan), which had a median price of €170,000 (See Map 2).

Volume of Purchases by Households

In July 2025, 4,712 dwelling purchases by households at market prices were filed with Revenue. This represents a 0.2% decrease compared with the 4,723 purchases in July 2024 and a 17.0% increase compared with the 4,029 purchases in June 2025.

Existing dwellings accounted for 3,567 (75.7%) of the dwelling purchases filed in July, a decrease of 0.4% compared with July 2024. The balance of 1,145 (24.3%) were new dwellings, which was an increase of 0.2% compared with July 2024 (See Figure 4).

Value of Purchases by Households

The total value of dwelling purchases by households at market prices filed with Revenue was €2.1 billion in July 2025. This represents a 6.6% increase compared with the €1.9 billion worth of purchases in July 2024 and a 20.8% increase compared with the €1.7 billion worth of purchases in June 2025.

Existing dwellings accounted for €1.5 billion (73.3%) of the dwelling purchases filed in July, an increase of 7.6% compared with July 2024. The balance of €550.7 million (26.7%) were new dwellings, a rise of 3.8% compared with July 2024 (See Figure 5).

Buyer Type

In the year to July, 49,634 dwelling purchases by households at market prices were filed with Revenue. Of these, 18,529 (37.3%) were purchased by first time buyer owner-occupiers, while former owner-occupiers purchased 25,882 (52.1%). The balance of 5,223 (10.5%) were acquired by non-occupiers (See Figure 6).

Revenue data shows there were 1,876 first-time buyer purchases in July 2025, an increase of 7.5% on the 1,745 recorded in July 2024. These purchases were made up of 696 new dwellings and 1,180 existing dwellings (See Table 2).

New and Existing Property Price Indices

The price indices for new and existing dwellings are produced on a quarterly basis and at the national level only. This is due to the low transaction numbers for new dwellings, which would result in a highly volatile monthly index. Pooling the transactions over a quarter, rather than a month, allows for the calculation of more robust estimates of price change.

The most recent figures were published on 20 August 2025, as part of the Residential Property Price Index June 2025.