PROPERTY PRICES ARE continuing to rise faster outside of Dublin than within it, though other counties are still less expensive than the capital, especially Leitrim.

New figures released by the Central Statistics Office (CSO) track the median property price in each county and how it compares to prices in previous months.

They show that property prices nationwide have increased at an average of 7.8% compared with June 2024.

Property prices in Dublin have risen by 6.6% in that period, while prices outside Dublin have increased by 8.8%.

The highest house price growth in Dublin was in Fingal at 8%.

Overall, the median price of a dwelling purchased between last June and this June was €370,000.

Looking at it on a regional basis, the most expensive place to buy a property is still the Dún Laoghaire-Rathdown area of Dublin, where the highest median price was €675,000.

In contrast, the county with the lowest median price was Leitrim at €190,000.

A total of 4,029 dwelling purchases were filed with Revenue in June of this year, consisting of 3,092 existing dwellings and 937 new ones.

They added up to a total of €1.7 billion

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Meanwhile, there were 1,531 first-time buyer purchases in June.

Responding to the figures, Brokers Ireland said the significant rise in prices is unsurprising given the lack of supply but “very worrying” nonetheless.

Deputy Chief Executive Rachel McGovern said it “will take comprehensive and very unprecedented measures to unlock the impediments, particularly in zoning, planning and infrastructure”.

She said that high prices have meant that mortgages borrowers are taking on ever-larger levels of debt.

“There is a cohort of people on high incomes who can sustain that but the reality is that for a decade at this stage housing policy has, sadly, failed those on average incomes who should be able to aspire to home ownership,” McGovern said.