November Dublin sales market update

We have released our Dublin residential key stats for November and include some interesting trends the team have experienced on the Dublin residential market over the last number of weeks.

  • Technology executives living in Dublin a number of years now consider it home and are starting to buy instead of rent, and this has huge potential for the Dublin residential market.
  • The rental market has now turned a corner and rents have stabilised, however not all tenants who left earlier in the year are coming back to Dublin.
  • There has been a huge build up in demand for rentals from January 2021.
  • Buyers are looking for space ahead of location in a lot of cases now, opposite to the pre-covid market.
  • There has been an increase in demand from UK investors across our Dublin sales market.
  • Supply of properties coming to market did slow significantly during November.
  • As a result, properties on the market months were agreed at strong prices.
  • One-bedroom apartments are temporarily not in demand.
  • Overall, selling prices across Dublin residential market were +3.08% above asking prices in November.

Link to data.