Dundalk house prices up by €37,500 in last 12 months to over €200,000
The average price of a house in Dundalk has risen beyond the €200,000 mark.
The latest Residential Property Price Index from the Central Statistics Office (CSO) shows that the average house price in the town for the year to April now stands at €201,490.
This is a huge increase of 4.7% on March when the average price for a property in the town was €192,462.
Prices in March had remained unchanged from February but the first stagnation in prices since the CSO began to monitor house prices by Eircode appears to have been just a blip.
House prices in Dundalk are now almost €37,500 more expensive than this time last year when the average price stood at €164,026. Prices are also up 7.9% or by almost €15,000 since the turn of the year when the average price was €186,726.
In Co Louth as a whole the average price was up 1.9% in April to an average of €206,277 from €202,435 in March.
The average asking price in Drogheda which was also up 2.6% in April from €229,103 to €235,162.
The median price in Dundalk also jumped by €5,000 in April to €180,000, Meanwhile in Drogheda it was up €2,000 in March to €230,000. The median price for Co Louth jumped by €5,000 in April to €190,000.