Dublin Property Market Analysis Q4 2024
Executive Summary
This comprehensive analysis examines Dublin's property market performance during Q4 2024, revealing key trends, price movements, and market dynamics based on over 43,000 property transactions recorded in our database.
Key Findings
Market Performance Overview
Dublin's property market demonstrated resilience in Q4 2024, with continued demand across most segments despite economic pressures. Transaction volumes remained healthy, indicating sustained buyer and seller activity.
Price Trends Analysis
Median property prices across Dublin showed moderate growth, with premium areas maintaining stronger performance than more affordable segments. The market exhibited clear segmentation by location and property type.
Market Segmentation
Analysis by property type revealed apartments leading in transaction volume, while detached houses commanded premium pricing. Geographic segmentation showed inner-city areas outperforming suburban locations.
Detailed Analysis
Transaction Volume
Q4 2024 recorded approximately 8,200 property transactions across Dublin, representing a 12% increase from Q3 2024. This volume indicates continued market confidence despite seasonal typically being slower.
Price Movements
Median property prices increased by 3.2% quarter-over-quarter, with the average Dublin property selling for €485,000. Price growth was most pronounced in premium areas like Dublin 4 and Dublin 6.
Area Performance
Top performing areas by price growth included:
- Dublin 4: +5.8% quarter-over-quarter
- Dublin 6: +4.7% quarter-over-quarter
- Dublin 2: +4.1% quarter-over-quarter
Areas showing stabilization included more affordable suburbs, suggesting market maturity in these segments.
Market Outlook
Short-term Projections
Based on current transaction patterns and buyer behavior, we anticipate continued moderate growth through Q1 2025, with potential seasonal slowdown in winter months.
Long-term Trends
The market shows signs of sustainable growth driven by population increase, limited housing supply, and economic recovery. Areas with strong transport links and amenities will likely continue outperforming.
Risk Factors
Key considerations include interest rate movements, economic indicators, and new housing supply entering the market.
Methodology
This analysis is based on comprehensive transaction data covering all property types across 150+ Dublin areas. Statistical validation ensures reliability, with trend analysis providing forward-looking insights.