HOUSE prices across Limerick shot up by over five per cent on average in the first six months of 2025.
That’s according to the latest IPAV Residential Property Price Barometer report, which charts prices for two-bed apartments and three/four-bed homes nationwide.
In the first six months of this year, in contrast with the second half of 2024, the IPAV report showed prices in Limerick rising more than five per cent.
The price of a two-bed apartment in Limerick, on average, shot up by 5.79 per cent to €246,500, the report stated.
Prices for a three-bed semi-detached home rose by 6.47 per cent from January to June to €370,000, while a four-bed semi rose 4.5 per cent to €435,000.
This places Limerick above the average increase nationwide in the same period in most areas, with 4.68 per cent increases noted for two-bed apartments and 5.43 per cent for a three-bed semi.
The 4.5 per cent increase in four-bed homes was slightly below the 5.03 per cent national average.
IPAV noted that the overall nationwide increase of 5.05 per cent in the first six months of the year is above the 4.55 per cent increase reported between July and December 2024.
IPAV chief executive Genevieve McGuirk said that “prices have been on the up since the third quarter of 2023. It is not positive from the perspective of aspiring buyers, or indeed for the State, that increases of this magnitude would continue indefinitely.”
She said “the supply and demand balance has been seriously out of kilter for a considerable period, and latest data is not encouraging”.
