Docklands residential market H1 2023
It was a very active six months in the Dublin Docklands residential property market with a 15% increase in transactions compared to the same period in 2022. Average selling prices were 2.5% over asking prices. 40% of our properties were agreed above asking with an average price of €498,000. 22% were agreed below asking. There…
H1 2023 Dublin residential market report
Our transactional data confirms trends we saw in the prime Dublin residential market last year continued into the first six months of 2023 despite the continued rise in interest rates. The supply of properties for sale has not met demand, especially on turn-key houses. 73% of our sellers are landlords as the number leaving the market has again accelerated, further…
May Sales and Rental Market Update
In May our average selling prices were 8% over asking, the highest figure we have recorded since April last year. Just over half of our properties were agreed above asking, 8% below. This performance is driven by a chronic shortage of properties for sale in our key markets, and our total number of sales were…
April Sales and Rental market update
April is always a busy month in the Dublin residential market and our transactional data confirms it is still a seller’s market in most areas of Dublin underpinned by low supply and strong demand from owner occupiers and investors. Our average selling price was €584,639/€640 per sq. ft. Average selling prices were 5% over asking…
Q1 2023 Dublin residential market report
Our transactional data confirms quarter one was a surprisingly positive period for sellers, with strong demand from owner occupiers, especially first-time buyers in the <€500,000 price range and an acute lack of properties for sale. As always, different property types in different locations performed very differently. Our average selling price was 4.5% above asking prices…
March sales and rental market update
March was an active month as one would expect for this time of year, with strong enquiries and viewing numbers from first-time buyers, who accounted for 100% of our owner occupier buyers, confirming they are the most motivated buyer we are dealing with. Our average selling price was €474,925 / €602 per sq. ft. Average…
February sales and rental market update
The positive start to 2023 continued into February with strong enquiries and viewing numbers though the expected pick up in new properties coming to market has not materialised yet. Our average selling price was €497,082 / €661 per sq. ft. First-time buyers continued to be our most active buyer accounting for 67% of our owner…