Dundalk sees fall in number of homes sold
CSO Residential Property Price Index June 2023
Dundalk saw a significant fall in the number of homes sold and legally transferred (termed executions) in June of this year compared to the same period last year, according to Residential Property Price Index figures released today by the Central Statistics Office.
21 dwellings were sold and legally transferred in the A91 eircode area (Dundalk) in June 2023, compared with 62 in June 2022. Of this three were new dwellings and 18 were existing dwellings. Of the 62 in June of last year, 21 were new dwellings and 41 were existing dwellings.
June 2023's figures are also down on May 2023's figures, when 47 dwellings were sold and legally transferred, with six new dwellings and 41 existing dwellings sold.
Of the 21 dwellings sold and legally transferred in June, 13 were to former owner-occupiers, four to non-occupiers and four to first time buyers.
The median price of houses sold and legally transferred in June 2023 in Dundalk was €260,000, up from €240,000 in May.
Nationally, the Residential Property Price Index (RPPI) increased by 2.2% in the 12 months to June 2023, with prices in Dublin decreasing by 0.9% and prices outside Dublin up by 4.5%.
In June 2023, 4,025 dwelling purchases by households at market prices were filed with the Revenue Commissioners, down by 1.7% when compared with the 4,094 purchases in June 2022.
The median price of a dwelling purchased in the 12 months to June 2023 was €318,000. The lowest median price for a house in the 12 months to June 2023 was €160,000 in Leitrim and Longford, while the highest median price was €630,000 in Dún Laoghaire-Rathdown.