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Dundalk house prices continue to increase

Dundalk house prices continue to increase

The average price of a house in Dundalk increased by a further by 0.5% in July to their highest point this year.

The latest Residential Property Price Index from the Central Statistics Office (CSO) shows that the mean house price in the town now stands at €212,104, up from €211,140 in June when the previous highest price point this year was achieved.

Prices are also up €9,537 on July 2018 when the mean price of a house stood at €202,537. This represents a year on year increase of 4.7%.

Meanwhile prices in Louth as a whole jumped a further 1% from €217,620 to €219,891. This is also the highest prices have been this year.

The rise in the county was partially influenced by an increase in Drogheda where house prices rose by 1.5% from €247,205 to €250,922.

The median asking price in Dundalk jumped by €3,738 from €205,000 to €208,738. Meanwhile in Drogheda it was up €2,500 to €247,500 while in Louth it was up €4,000 to €214,000.

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