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 factors in performance.

The demand was led by first-time buyers who accounted for 93% of our owner occupiers. Investor demand was lower in Dublin 8 compared to the rest of Dublin, at just 12% of our overall buyers. 69% of our properties were agreed over asking with an average selling price of €557,938.

Overall demand and selling prices remained robust across Dublin 8, particularly for houses in turn-key condition in sought-after neighbourhoods including Portobello, Kilmainham, and areas close to South Circular Road. We had a record sale at 13 Raymond Street, which sold for 27% above asking and within 4 weeks.

Key highlights from our 2023 transactional data: 

  • 31% of buyers required no mortgage funding.
  • Investors accounted for only 12% of buyers.
  • Our average selling price was €557,938 or €645 per sq. ft.
  • Average selling prices were 9% over asking prices.
  • The average age of our buyers was 35.
  • Average selling times were fast at 5.5 weeks.

If you are looking to sell your property in Dublin 8, please reach out for best advice and to arrange a complimentary valuation.  Connect with us.