House prices rise by 3% in Co Carlow

HOUSE prices in Co Carlow in the third quarter of 2024 were 3% higher than a year previously. The average price of a home is now €275,000, 46% above the level seen at the start of the Covid-19 pandemic.

Housing prices nationally rose by an average of 3.1% in the third quarter of 2024, according to the latest Daft.ie House Price Report released today by Ireland’s largest property website, Daft.ie. The typical listed price nationwide in the third quarter of 2024 was €344,848, 6.2% higher than in the same period a year earlier and 37% higher than at the onset of the pandemic.

The increase in prices in the third quarter was broadly based, but the percentage gains were greatest in Dublin, where prices rose by 4.1% between June and September. This is the largest three-month increase in the capital since early 2017 and means that prices there are on average more than 6% higher than year ago. This means that annual inflation in Dublin is higher than the average of the other four cities for the first time since 2020 – in Cork, Galway and Waterford, prices in the third quarter were roughly 4% higher than a year ago. However, inflation in Limerick city remains higher, at 9.7%, while the average increase outside the cities in the year to Q3 was 6.3%.