Imofolio

South-West · report

Past price cycles in South-West

Sale prices have fallen by 3% or more once since 2010. That fall began in January 2010.

Deepest fall
−37.6%
Recovery from the low
50 months

Prices in South-West and in Ireland, indexed

The CSO's residential property price index, both set to 100 in January 2010.

  • South-West
  • Ireland
  • 100 = January 2010
Show the numbers
PeriodSouth-WestIreland
Aug 2026188.1185.2
Jul 2026185.2184.0
Jun 2026183.6182.9
May 2026181.8181.9
Apr 2026181.8181.1
Mar 2026181.9181.0
Feb 2026183.0180.8
Jan 2026185.2181.3
Dec 2025186.0180.6
Nov 2025184.7179.4
Oct 2025183.1178.6
Sep 2025181.4177.6
Aug 2025179.4176.1
Jul 2025177.2174.6
Jun 2025176.7173.2
May 2025175.2171.4
Apr 2025175.2170.4
Mar 2025175.7169.7
Feb 2025175.2169.4
Jan 2025173.6169.3
Dec 2024172.4169.0
Nov 2024171.4167.9
Oct 2024167.8166.5
Sep 2024165.9165.2
Aug 2024163.7164.0
Jul 2024164.0162.5
Jun 2024162.5160.5
May 2024162.2159.0
Apr 2024161.7158.4
Mar 2024159.9157.8
Feb 2024158.8157.0
Jan 2024156.4156.3
Dec 2023155.5155.2
Nov 2023153.4153.3
Oct 2023153.6151.9
Sep 2023152.5150.3
Aug 2023150.0148.9
Jul 2023149.8148.1
Jun 2023148.1147.4
May 2023146.6146.6
Apr 2023148.0146.7
Mar 2023147.9146.9
Feb 2023147.9147.8
Jan 2023148.3148.3
Dec 2022149.0149.1
Nov 2022147.7148.8
Oct 2022146.7148.5
Sep 2022145.1148.1
Aug 2022143.6147.3
Jul 2022142.6145.8
Jun 2022141.8144.3
May 2022140.8142.8
Apr 2022140.5141.8
Mar 2022138.3141.3
Feb 2022137.8140.5
Jan 2022137.7139.7
Dec 2021137.0138.4
Nov 2021136.1137.2
Oct 2021134.3135.4
Sep 2021132.8133.8
Aug 2021129.7131.7
Jul 2021126.2128.8
Jun 2021123.8126.7
May 2021119.9124.8
Apr 2021119.6123.9
Mar 2021119.3122.8
Feb 2021120.3122.2
Jan 2021121.3121.7
Dec 2020119.7121.2
Nov 2020119.3120.3
Oct 2020118.6119.6
Sep 2020119.1119.1
Aug 2020119.9118.8
Jul 2020120.0118.7
Jun 2020120.2118.6
May 2020118.8118.5
Apr 2020117.2118.6
Mar 2020116.7118.6
Feb 2020116.6118.6
Jan 2020116.7118.7
Dec 2019115.5118.6
Nov 2019115.8119.9
Oct 2019115.3120.1
Sep 2019115.2120.1
Aug 2019115.1119.9
Jul 2019114.8119.5
Jun 2019114.0118.6
May 2019113.5118.0
Apr 2019113.3117.8
Mar 2019113.4117.5
Feb 2019113.2117.4
Jan 2019113.9117.6
Dec 2018113.9118.2
Nov 2018113.0118.6
Oct 2018112.7119.0
Sep 2018112.6118.7
Aug 2018112.0117.6
Jul 2018111.9117.0
Jun 2018111.4116.3
May 2018108.8115.1
Apr 2018106.8114.4
Mar 2018105.7113.3
Feb 2018105.7112.5
Jan 2018105.9111.7
Dec 2017104.5111.2
Nov 2017104.6110.7
Oct 2017102.8109.8
Sep 2017102.6109.5
Aug 2017101.4108.0
Jul 2017100.3106.4
Jun 201797.5103.8
May 201797.1102.4
Apr 201795.8100.9
Mar 201794.7100.5
Feb 201793.3100.1
Jan 201793.999.8
Dec 201693.099.1
Nov 201693.299.6
Oct 201691.498.2
Sep 201690.997.8
Aug 201689.496.6
Jul 201688.995.3
Jun 201686.793.3
May 201686.392.3
Apr 201685.392.1
Mar 201685.991.6
Feb 201685.291.3
Jan 201686.091.9
Dec 201584.191.0
Nov 201584.191.2
Oct 201583.491.4
Sep 201581.890.5
Aug 201580.690.1
Jul 201579.689.0
Jun 201579.188.3
May 201578.686.9
Apr 201577.586.0
Mar 201576.085.2
Feb 201575.685.0
Jan 201574.885.2
Dec 201474.785.0
Nov 201473.685.6
Oct 201472.885.3
Sep 201471.684.5
Aug 201470.782.7
Jul 201469.681.0
Jun 201468.078.6
May 201467.876.4
Apr 201467.974.5
Mar 201467.672.9
Feb 201467.672.4
Jan 201467.372.1
Dec 201367.272.0
Nov 201365.871.2
Oct 201365.670.8
Sep 201365.070.4
Aug 201364.069.3
Jul 201363.668.4
Jun 201363.566.8
May 201362.465.1
Apr 201363.965.1
Mar 201364.664.8
Feb 201365.865.7
Jan 201366.666.4
Dec 201266.667.7
Nov 201266.567.4
Oct 201267.067.7
Sep 201267.167.4
Aug 201266.666.9
Jul 201267.466.8
Jun 201267.466.1
May 201267.966.3
Apr 201268.966.4
Mar 201270.667.5
Feb 201271.867.1
Jan 201272.568.7
Dec 201172.969.9
Nov 201174.470.9
Oct 201175.672.2
Sep 201175.373.5
Aug 201176.375.1
Jul 201176.577.0
Jun 201177.678.7
May 201179.479.9
Apr 201179.981.3
Mar 201181.482.4
Feb 201182.984.5
Jan 201184.286.1
Dec 201085.786.8
Nov 201087.688.2
Oct 201089.190.0
Sep 201090.891.5
Aug 201093.792.7
Jul 201095.592.9
Jun 201096.393.9
May 201096.695.0
Apr 201098.096.6
Mar 201099.397.2
Feb 201099.198.4
Jan 2010100.0100.0

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
January 2010May 2013−37.6%4050

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 South-West

Sale prices have an 80% chance of landing between €379,628 and €496,925 by August 2027.

Expected, August 2027
€438,277
Chance of a rise
78%

Figures for Ireland: South-West has no reliable figures of its own.

At the average sale price, a home costs €403,515. With 10% down and a 30-year mortgage, the payment is €1,621 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
19%
Payment, one income
38%

57.0% more homes were granted planning permission in the last 12 months than in an average year of the past decade.

Permitted, 12 months
8,279
Per 1,000 residents
10.4

13.2% of the 318,247 homes counted in the 2022 census were unoccupied: vacant, or holiday homes.

Empty, 2022 census
13.2%
Empty homes
41,882

In 2025, 60% of the planning permissions granted for homes were for extensions, alterations or conversions of existing ones.

Work on existing homes, 2025
60%

Public bodies signed €42.4M of housing works here in 2025, and €201.9M since 2017.

Signed in 2025
€42.4M
Per resident, 2025
€54