House sales in Dublin up by 23.1 per cent in first quarter of 2014

Dublin activity: There were 2,060 transactions between January 1st and March 31st. Photograph: Frank Miller

Dublin activity: There were 2,060 transactions between January 1st and March 31st. Photograph: Frank Miller


There has been plenty of talk about asking price increases in the media recently with everyone from the CSO and estate agents to websites such as and Daft declaring that prices are on the rise again. That is perhaps most notable in the capital where a stock shortage in the past year or so has helped to drive up prices for would-be buyers. Some have expressed fears about a “mini-bubble” while others have questioned the demand.

A new analysis of the Property Price Register has shown, however, that transactions in Dublin for the first quarter of the year were up significantly on the same period of last year.

A look at activity in the capital for the first quarter of this year shows there were 2,060 transactions between January 1st and March 31st. That compares with 1,673 transactions in the same period of last year, representing an increase in sales activity of 23.1 per cent.

Of Dublin’s 22 postcode areas, 15 recorded increased sales in the first quarter of 2014 compared with the same period in 2013, with the levels of transactions increasing remarkably in Dublin 8 (82.8 per cent); Dublin 3 (71.8 per cent); Dublin 2 (62.5per cent); Dublin 9 (56.9 per cent); and Dublin 18 (57.1 per cent).

Dublin county also saw sales increase by 27.2 per cent during the quarter. The biggest faller was Dublin 17 (down 50 per cent), with sales also down in Dublin 20 (down 42.85); Dublin 24 (down 19 per cent), Dublin 22 (down 17.6 per cent), Dublin 12 (down 11.3 per cent), Dublin 14 (down 10.8 per cent) and Dublin 10 (down 5.3 per cent).

The top-selling area was Dublin 3 (122 transactions), followed by Dublin 6 (107), Dublin 8 and 11 (both 106), and Dublin 15 (105). The lowest record sales were made in Dublin 20 (8), Dublin 17 (10) and Dublin 10 (18).

Demand is certainly on the up and supply is also rising, albeit slowly. It will be interesting to see what impact both have on prices for the rest of the year.

Sign In

Forgot Password?

Sign Up

The name that will appear beside your comments.

Have an account? Sign In

Forgot Password?

Please enter your email address so we can send you a link to reset your password.

Sign In or Sign Up

Thank you

You should receive instructions for resetting your password. When you have reset your password, you can Sign In.

Hello, .

Please choose a screen name. This name will appear beside any comments you post. Your screen name should follow the standards set out in our community standards.

Thank you for registering. Please check your email to verify your account.

Your Comments
We reserve the right to remove any content at any time from this Community, including without limitation if it violates the Community Standards. We ask that you report content that you in good faith believe violates the above rules by clicking the Flag link next to the offending comment or by filling out this form. New comments are only accepted for 3 days from the date of publication.