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Dundalk house prices rebound to highest point so far this year in June

Dundalk house prices rebound to highest point so far this year in June
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The average price of a house in Dundalk rebounded by 1.6% in June 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 €211,140, up from €207,840 in May.

After three months of falls, prices are now at their highest point this year, having jumped above the €211,033 which they stood at in February.

Prices are also up €10,512 on June 2018 when the mean price of a house stood at €200,634. This represents a year on year increase of 5.2%.

Meanwhile prices in Louth as a whole jumped 1% from €215,531 to €217,620. This is also the highest prices have been this year, ahead of the €215,838 where it stood in February.

The rise in the county was partially influenced by an increase in Drogheda where house prices rose by 0.1% from €246,982 to €247,205.

The median asking price in Dundalk jumped by €5,000 from €200,000 to €205,000. Meanwhile in Drogheda it was unchanged at €245,000 while in Louth it fell was up €4,000 to €210,000.