Imofolio

Limerick · report

Past price cycles in Limerick

Sale prices have fallen by 3% or more 6 times since 2010. The deepest began in Q2 2010.

Deepest fall
−42.5%
Recovery from the low
54 months

Prices in Limerick and in Ireland, indexed

Average sale prices, both set to 100 in Q1 2010.

  • Limerick
  • 100 = Q1 2010
Show the numbers
PeriodLimerick
Q2 2026162.6
Q1 2026152.1
Q4 2025162.8
Q3 2025158.9
Q2 2025158.3
Q1 2025154.2
Q4 2024148.2
Q3 2024145.7
Q2 2024146.3
Q1 2024135.1
Q4 2023136.3
Q3 2023129.8
Q2 2023122.3
Q1 2023125.7
Q4 2022125.3
Q3 2022125.8
Q2 2022118.0
Q1 2022118.4
Q4 2021109.9
Q3 2021118.4
Q2 2021111.2
Q1 2021103.5
Q4 2020112.4
Q3 2020102.9
Q2 2020105.1
Q1 2020101.2
Q4 201997.3
Q3 2019105.5
Q2 201998.2
Q1 201993.9
Q4 2018101.7
Q3 201897.5
Q2 201893.3
Q1 201883.7
Q4 201783.9
Q3 201785.0
Q2 201784.0
Q1 201780.0
Q4 201679.4
Q3 201675.5
Q2 201675.4
Q1 201672.1
Q4 201574.0
Q3 201568.3
Q2 201566.5
Q1 201559.6
Q4 201464.9
Q3 201463.0
Q2 201457.9
Q1 201462.0
Q4 201368.3
Q3 201373.9
Q2 201367.7
Q1 201363.7
Q4 201277.1
Q3 201278.2
Q2 201282.3
Q1 201275.2
Q4 201180.2
Q3 201188.0
Q2 201183.7
Q1 201187.2
Q4 201093.6
Q3 201097.9
Q2 2010100.7
Q1 2010100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
Q2 2010Q2 2014−42.5%4854
Q4 2018Q1 2019−7.7%36
Q3 2019Q4 2019−7.8%312
Q4 2020Q1 2021−7.9%36
Q3 2021Q4 2021−7.1%33
Q4 2025Q1 2026−6.6%3Not yet

Ireland against the EU since 2015

Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.

  • Ireland
  • EU
  • 2015 = 100
Show the numbers
PeriodIrelandEU
Q2 2026205.9168.6
Q1 2026204.9166.5
Q4 2025203.2164.6
Q3 2025199.4163.5
Q2 2025194.3161.0
Q1 2025191.8158.5
Q4 2024190.0156.2
Q3 2024185.5155.1
Q2 2024180.3152.7
Q1 2024177.7149.8
Q4 2023173.7148.9
Q3 2023168.8149.1
Q2 2023166.3148.2
Q1 2023167.2147.6
Q4 2022168.4148.7
Q3 2022166.5150.9
Q2 2022161.9149.6
Q1 2022159.1146.2
Q4 2021155.1143.2
Q3 2021148.8140.2
Q2 2021141.7136.0
Q1 2021138.3132.1
Q4 2020136.3129.8
Q3 2020134.6128.1
Q2 2020134.2126.3
Q1 2020134.3124.4
Q4 2019135.3122.7
Q3 2019135.6121.5
Q2 2019133.7119.8
Q1 2019133.0117.6
Q4 2018134.2116.8
Q3 2018133.3115.9
Q2 2018130.4114.2
Q1 2018127.3112.3
Q4 2017125.2111.2
Q3 2017122.2110.4
Q2 2017115.9108.8
Q1 2017113.4106.9
Q4 2016112.1106.1
Q3 2016109.3105.4
Q2 2016104.8103.8
Q1 2016103.7102.0
Q4 2015103.3101.1
Q3 2015101.7100.8
Q2 201598.699.8
Q1 201596.498.3

The CSO's residential property price index goes back to 2005 for Ireland and Dublin, and to 2010 for the other regions and Dublin's four councils, where it covers houses only; it is adjusted for the mix of homes bought. Other councils use the average price of homes bought, by quarter since 2010, which is not. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Limerick

At the average sale price, a home costs €343,234. With 10% down and a 30-year mortgage, the payment is €1,379 a month. Ireland sets no cap on the payment; the Central Bank limits most mortgages to four times gross income for first-time buyers and 3.5 times for others.

Payment, two incomes
17%
Payment, one income
34%

Owning the average home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average rent of the tenancies registered with the RTB in the year. Repaying the loan is saving, so it is left out.

Rent per month
€1,619
Owning per month
€1,320

40.9% more homes were granted planning permission in the last 12 months than in an average year of the past decade.

Permitted, 12 months
1,632
Per 1,000 residents
7.8

8.5% of the 85,363 homes counted in the 2022 census were unoccupied: vacant, or holiday homes.

Empty, 2022 census
8.5%
Empty homes
7,292