Average asking price for Irish homes hits €445,000 as new eye-watering figures revealed
Asking prices remain 44% above their pre-Covid levels
The average asking price for a home in Ireland has climbed to almost €445,000, according to the latest figures from Daft.ie.
However, the new data also points to a cooling in parts of the housing market, with the rate of price growth slowing considerably over the past year and more second-hand homes now available for sale.
The latest Daft.ie Sales Report shows that the average list price across all types of residential property nationally stood at just under €445,000 during the third quarter of 2026.
Asking prices were 3% higher in September than they were a year earlier, almost half the annual growth rate of 5.8% recorded at the same point last year.
Despite the slowdown, asking prices remain 44% above their pre-Covid levels, although they are still around 7.5% below their Celtic Tiger-era peak.
There are also significant differences depending on where buyers are looking for a home.
Dublin recorded annual asking-price growth of 2.7%, while prices elsewhere in Leinster increased by 2.1%.
Much stronger increases were recorded in some of the country's other cities, with asking prices rising by just under 6% in Cork, Galway and Limerick.
Waterford recorded the sharpest increase, with asking prices up 11% compared with a year ago.
Meanwhile, there has been some improvement in the number of properties available to prospective buyers.
Just under 13,800 second-hand homes were listed for sale nationwide at the beginning of September, an increase of 12.5% compared with the same time last year.
However, the figure remains well below pre-pandemic levels, when more than 26,000 second-hand properties would typically have been available for sale.
The report also suggests homes are taking longer to sell.
The gap between a property's initial asking price and its eventual sale price narrowed to 2.6% nationally, compared with 6.8% a year ago. This was the smallest gap recorded since 2023.
Selling prices, meanwhile, increased by just 0.8% annually in September, the slowest rate of growth recorded since 2020.
Report author and Trinity College Dublin economist Professor Ronan Lyons said the latest figures suggest the easing of price pressures is being driven more by softer demand than by a major recovery in the supply of second-hand homes.
He said the flow of second-hand properties coming onto the market has remained broadly unchanged for the past three years, but homes are now leaving the market more slowly.
Prof Lyons said the fall in both new and second-hand home sales in Dublin was the clearest indication of "genuinely softer demand", adding that it would be a trend to watch in the coming quarters.