In February, 3,351 dwelling purchases by households at market prices were filed with Revenue. This represents a 6.5% decrease compared with the 3,584 purchases in February 2022 and a 8.8% decrease compared with the 3,675 purchases in January 2023. The total value of transactions filed in February was €1.2 billion.
Existing dwellings accounted for 2,782 (83.0%) of the dwelling purchases filed in February, a decrease of 8.4% compared with February 2022. The balance of 569 (17.0%) were new dwellings, an increase of 3.8% compared with February 2022. See Figure 3.1.
In the year to February, 49,948 dwelling purchases by households at market prices were filed with Revenue. Of these, 16,686 (33.4%) were purchased by first time buyer owner-occupiers, while former owner-occupiers purchased 26,878 (53.8%). The balance of 6,384 (12.8%) were acquired by non-occupiers. See Figure 3.2.
Revenue data shows that there were 1,166 first-time buyer purchases in February 2023, an increase of 1% on the 1,154 recorded in February 2022. These purchases were made up of 313 new dwellings and 853 existing dwellings.
| Buyer Type | |
| 33.4%First-Time Buyer | 16686 |
| 53.8%Former Owner-Occupier | 26878 |
| 12.8%Non-Occupier | 6384 |
Households paid a median price of €310,000 for a dwelling on the residential property market in the 12 months to February 2023.
The Dublin region had the highest median price (€432,000) in the year to February. Within the Dublin region, Dún Laoghaire-Rathdown had the highest median price (€630,000), while South Dublin had the lowest (€402,000).
The highest median prices outside of Dublin were in Wicklow (€420,000) and Kildare (€370,000), while the lowest price was €152,000 in Longford. See Figure 3.3.
In the year to February, the Eircode areas with the highest median price for household dwelling purchases was A94 'Blackrock’ (€755,000). The five most expensive Eircode areas by median price were in Dublin. The second most expensive Eircode area was D06 ‘Dublin 6’ where the median price was €682,500. The third most expensive area was D14 ‘Dublin 14’ which had a median price of €675,000.
The Eircode areas with the least expensive median price within Dublin were D10 ‘Dublin 10’ and D17 ‘Dublin 17’, both with a median price of €285,000.
Outside of Dublin the most expensive Eircode area over the last twelve months was A63 'Greystones', with a median price of €534,999. The second most expensive Eircode area was A98 'Bray', where the median price was €466,000. The third most expensive was W23 ‘Celbridge’ with a median price of €434,999.
The least expensive Eircode areas over the last 12 months were F45 'Castlerea' and F35 'Ballyhaunis', both with a median price of €130,000. The third least expensive Eircode area was H23 'Clones', which had a median price of €136,500. See Figure 3.4.
The House Prices by Eircode interactive tool can be accessed here House Prices by Eircode
Neither median nor mean prices are appropriate for measuring the evolution of property prices as the mix of dwellings sold in different periods can change over time. The Residential Property Price Index is the definitive measure of property price trends.
Explore the average property price, breakdown of buyers and trend of sales over time
Learn about our data and confidentiality safeguards, and the steps we take to produce statistics that can be trusted by all.