The average price of a house in Ireland today is €311,514 but in Donegal it is €200,000.
That’s an increase of 17% compared to the third quarter last year in Donegal.
Overall, house prices in Donegal continue to show upward trends and the latest figure is up on a previous rise of 11% in house prices locally this time last year.
However, the average price of €200,000 for Donegal properties is still 24% lower than during the peak of the Celtic Tiger era.
The average price of a home in Dublin is now €427,000, 14 per cent below its peak in 2007.
Nationally housing prices were largely stable between June and September.
The number of homes available to buy on September 1st stood at nearly 15,500, up 22% on the same date last year and the highest total nationally in almost two years.
Ronan Lyons, economist at Trinity College Dublin, said: “Improved stock on the market over the course of 2022 has helped reduce inflationary pressures in the sales market.
“This is most notably the case in Dublin, where the total number of listings coming on to the market in the year to August was effectively in line with the pre-Covid number.
“This has helped improve the stock on the market at any one point in time, the key predictor of future price changes.”
