House Prices In Wicklow Drop By 2% In Final Quarter Of 2023

In Wicklow, prices in the final three months of 2023 were 2% lower than a year previously, compared to a rise of 7% seen a year ago.

In Wicklow, prices in the final three months of 2023 were 2% lower than a year previously, compared to a rise of 7% seen a year ago.

The average price of a home is now €400,000, 18% below its Celtic Tiger peak.

Nationally, housing prices during 2023 rose by an average of 3.4%, the smallest increase since 2019, according to the latest Daft.ie House Price Report released today by Ireland’s largest property website, Daft.ie.

The typical listed price nationwide in the final three months of the year was €320,046, 1.5% lower than in the third quarter and roughly 14% below the Celtic Tiger peak.

There remain significant differences in price trends across the country. Prices in Dublin rose by an average of 2% during 2023, while in the rest of Leinster, the increase was 0.8%. Cork City saw prices rise by 3.7% during the year, while Galway city saw an increase of 4.1%. Increases in Waterford and Limerick cities were larger, though, at 6.1% and 9% respectively.

Outside the cities, prices were 6.8% higher in Munster and 8.3% higher in Connacht-Ulster in the final quarter of 2023 than a year previously.

The number of homes available to buy nationwide on December 1st stood at just over 11,100. This is down 27% year-on-year and is the lowest since March 2022. It is also less than half the 2019 average of 24,200. The fall in availability, which started in the middle of the year, can be seen

in all major regions of the country, although it’s proportionately largest in Dublin (down 33% year-on-year).