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Dublin: 11 °C Wednesday 22 May, 2013

The maps that explain the state of Ireland’s property market right now

Researchers at AIRO have put together the maps which show average prices and rents for more than 1,000 areas across the country over the past five years.

IRELAND’S CRASHING PROPERTY market over the past five years has been mapped in full graphic detail as part of a project by academic researchers and a property website.

The maps show the average prices and rents for more than 1,000 areas across the country based on over 1.1 million Daft.ie records since 2007.

Researchers at AIRO, the All-Island Research Observatory, put together the maps which allow users to compare how rental prices and sales prices changed across the country over the past five years.

Economist Ronan Lyons said that the maps show “not only how volatile trends can be from neighbourhood to neighbourhood but also what structural changes are occurring in the property market, with smaller properties seeing the largest falls in prices”.

The graphics show that the typical fall in house prices – which are down around 54 per cent from their 2007 peak – is more than twice the size of the drop in rents, which have fallen by 29.4 per cent.

ireland map

(Images: AIRO/Daft)

View the maps here >

House prices still dropping around most of the country (but Dublin is levelling off) >

Disclosure: Daft Media Ltd and Journal Media Ltd, the publisher of this website, are both part of the Distilled Media group.

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Comments (26 Comments)

  • Correct me if I’m wrong but I’m guessing red isn’t good?

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    • Well done steve did you work that out all by yourself.

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    • You are wrong. Red is good, very good. It indicates a fall in prices. Maybe not good for some property owners but ultimately much better for the health of our nation if property is at a normal price. We are still some way off normal property prices in a lot of parts of the country. Semi detached houses still looking for over 200K in many commuter towns. .

      Reply
  • Are the prices quoted on the map asking prices or actual sale prices?
    Big difference

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  • Reg 02/07/12 #

    It will be interesting to see what effect the ending of mortgage interest releif and the introduction of an annual propery tax will have on prices next year. Can see further drops.

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  • Why are they using “Londonderry” in their map? These academic researchers should wear the dunce cap.

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  • It’s a strange sort of map…I hadn’t realised that the house building had been rampant enough to fill in the whole Shannon, including Loughs Allen, Ree and Derg, between them having roughly the same area as Louth.. House prices and everything else sinking in the lakes..

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  • Unbelievable how an Irish State agency uses “Londonderry” on the map…. No wonder our civil service are known for what they are: inept, incompetent, underworked, and above anything: DUMB.

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  • Journal.ie this is just asking prices! And not real sake prices. Please edit correctly as it very misleading to people. Asking prices mean very little.

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  • Serge 03/07/12 #

    Does anyone else think that Dublin looks like a very bad acne on the wonderful peach face of Ireland on this map? No contexts, I mean literally. No..? Just me that’s weird? Okay.

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  • Rubbish information. Too general.

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  • dublin is on the up,, of course,,, our politicians think dublin is a country and forget the rest of us, went to shannon airport today, fine airport empty, west of ireland seems not to exist, i have my house on market for over a year, not one bite,, oops i am in kerry not dublin, country is in so much trouble, but they throw billions out on bad debts, all other countrys that went bankrupt, greenland, brazil all back in market and no debt, we will have such a debt and defficit, and they keep signing with the euro, selling our souls and within 5 years there will be no euro, but ireland will owe germany , will keep paying back , is there anyone to see light in our government, have they been to germany lately, even germans know the euro is going, will our government be last to know as usual,, dear god we need help

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  • people want shannon airport open, and there is more to ireland than dublin, yes its the capital, but our politicians are forgetting about the rest , more famous people land in shannon , from way back, the west of ireland is fab, no intentions of leaving and i have my house on market for what is left on mortgage, which is 75,000 less than i paid and put my saving down on for down payment, am guessing you are one of the rent control people to be so hard on people trying to salvage some part of their lives, houses wont sell as banks wont give a loan, i have sold everything trying to keep it, but think i would be better to get rent allowance or a government house, its not even the mortgage thats the killer, its the house insurance , mortgage insurance, they are nearly as much, and when the tax and water comes in, no one will afford it, i work to hard for to little, to even try anymore, dublin may be the city that leads our way, but we need some thing down here to give our beautiful counties some chance

    Reply

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