PROPERTY PRICES HAVE dropped in Dublin but have increased in the rest of the country, according to new figures from the CSO.

House prices in Dublin went down by 0.9% in the 12 months to June 2023, while prices outside Dublin went up by 4.5%.

The national 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%.

Some 4,045 properties were purchased for dwelling in June of this year, a decrease of 1.7% compared to June 2022.

The median price of a residential property 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.

In Dublin, house prices fell by 1.1% and apartment prices were down by 0.2%. The highest house price growth in Dublin was in South Dublin at 2.8%, while Dublin City saw a decline of 3.8%.

Outside Dublin, house prices rose by 4.7% and apartment prices by 2.3%.

The South East – Carlow, Kilkenny, Waterford and Wexford – saw the largest increase in prices at 5.5%.

The Border region – Cavan, Donegal, Leitrim, Monaghan and Sligo – saw the lowest increase, at 3%.

The most expensive Eircode area over the 12 months to June 2023 was A94 (Blackrock, Co Dublin) with a median price of €735,000, while F35 (Ballyhaunis, Co Mayo) had the least expensive price of €127,500.