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Dundalk house prices now 15.5% more expensive than 12 months ago

Dundalk house prices now 15.5% more expensive than 12 months ago

The average price of a house in Dundalk continued to grow in November and is now 15.5% more expensive than the same period of 2017.

The latest Residential Property Price Index from the Central Statistics Office (CSO) shows that the mean house price in the town now stands at €213,635.

This was up 1.2% on the figure of €211,194 recorded in the year to October but was €28,620 up on the same period 12 months earlier when the median house price stood at €185,015.

Prices are also 14.4% ahead of where they were at the start of 2018 at €186,726.

Prices in Louth also jumped 0.5% in the year to November from €213,636 to €214,750.

This was helped by the increase in price in Drogheda, which rose 0.4% in November from €240,982 to €242,043.

The median asking price in Dundalk also rose by €1,415 to €211,415. Meanwhile in Drogheda it was unchanged at €240,000. In Louth it jumped €3,080 in November to €209,166.

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