The average value of second-hand homes nationwide increased by 6.8% this year, new figures from estate agent Sherry Fitzgerald show today.
While this represents a moderation from the 7.2% growth recorded in 2024, price inflation remains resilient, the estate agent said.
Today's figures show that prices outside of Dublin increased by an average of 8%, with particularly strong growth recorded in the Border and South-East regions, where values rose by 11.1% and 9.4% respectively.
Dublin residential values rose by 5.8% over the year, compared with annual growth of 7.1% in 2024.
The figures also reveal that during the first nine months of 2025, about 35,100 housing transactions were completed, a 3.4% increase compared with the same time in 2024.
Sherry Fitzgerald said this growth was driven mainly by new home sales, which rose by 19.3%, and equated to an additional 1,271 transactions year-on-year.
In contrast, second-hand home sales remained broadly stable, with 27,256 transactions recorded, a marginal decline of 0.4% compared with 2024.
Meanwhile investor participation in the residential market continued to decline during the year and investors accounted for just 8% of Sherry FitzGerald's second-hand home sales in 2025, the lowest proportion recorded since 2011.
It also noted that investor exits remain a significant feature of the market, with 30% of vendors selling being investors.
Marian Finnegan, the CEO of Sherry FitzGerald, said the continued price growth recorded in 2025 highlights the persistent imbalance between housing supply and demand.
"The notably stronger growth outside Dublin reinforces the need for the delivery of homes across all tenures and in all regions of the country," she said.
She also said that planned changes to the rental system from March next year have once again resulted in unintended consequences.
"While the reforms provide greater clarity for tenants and larger landlords, many smaller landlords are exiting the market at pace, further exacerbating the supply shortage within the rental sector," she stated.
"2025 has seen meaningful progress by Government to improve housing delivery, particularly through the publication of new housing and infrastructure plans," the Sherry FitzGerald CEO said.
"Nevertheless, the housing emergency persists, and 2026 will be a critical year in assessing the effectiveness of recent legislative and policy reforms," she added.
