CSO

Average house price in Dundalk in July 2018 was €53K more than July 2017

37 properties legally transferred in July 2018

Donard McCabe

Reporter:

Donard McCabe

Average price for house in Dundalk in July 2018 was €53K more than July 2017

Average price for house in Dundalk in July 2018 was €53k more than July 2017

The average house price in Dundalk in July 2018 was €53,652 more expensive than it was in July 2017. This is according to the Residential Property Price index released by the CSO yesterday.

The average house price in July 2018 was €226,149, up from €172,497 in July 2017.

37 residential properties were legally transferred in Dundalk in July in July 2018. These transactions are what are called "executions". Execution statistics are the definitive guide to residential property sales.

This compares to 57 residential properties legally transferred in July 2017 at an average price of €172,497.

It represents a 31% increase on July 2017 average prices.

The median price of homes sold was also made available. This is useful as it is the "middle" price and it allows for outlying very high priced or very low priced properties.

The median price in July 2018 was €200,000 - €34,000 higher than July 2017, 20.5% higher than July 2017.

It should be noted that execution statistics are necessarily incomplete for a period (until all the relevant stamp duty returns have been filed). Execution statistics are preliminary and subject to revision until 12 months have elapsed.