Midwest Radio

Biggest increase in house prices in the past 12 months was in the West of Ireland, with a 20% jump in the cost of a home

New figures from the Central Statistics Office show that residential property prices rose by almost 11% in the year to February – and prices increased more outside Dublin, with a 13% rise in that 12-month period.

The figures are based on sales over the last 12 months and show the biggest increase was in houses in the West of the country - with a 20% jump in the cost of a home.

House prices in Dublin rose by 8.3 per cent - but it remains the most expensive place to buy a home.

The average dwelling in Dublin cost almost 400,000 euro - compared to a national average of 245 thousand euro.

The least expensive Eircode area over the last 12 months was Castlerea, with an average price of €69,808.

House prices in Mayo average from 84,700 in Ballyhaunis to 112,000 in Ballina, 126,400 in Castlebar and almost 164,000 in Westport.

 

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