It contains details on the sale of all residential properties in the Republic in the first six months of 2013, as registered on Jul 11.
The register provides information on the date of sale, price, and address of all properties purchased over the period as declared to the Revenue Commissioners for stamp duty purposes.
The price recorded in about 6.5% of house sales in the first half of 2013 does not represent the full market price of the property concerned for a variety of reasons.
In the case of new properties, which accounted for 11.4% of all sales in the first six months of the year, the prices are shown exclusive of Vat at 13.5%.
The PSRA website states that it is important to note that the register is not intended to act as a property price index.
The register does not contain information on details of sold properties such as type, size, or number of bedrooms, which would allow for true like-for-like comparisons.
However, the register does provides data which can be used to calculate accurate information on activity levels in the property market, as well as to discern general trends in the movement of house prices.
The Irish Examiner has chosen to focus on the median price rather than the mean (average) price, as it is a more accurate figure for eliminating the distorting effect of particularly large or small sale prices.
The median is the middle value in a set of prices and indicates that 50% of house prices are above that figure and 50% are below it.
The CSO uses data on mortgage drawdowns provided by the main lending institutions to calculate its monthly residential property price index. However, the CSO excludes residential sales which are not funded by a mortgage.
* Highest price: €2,097,577 for Oakey Wood, Tullow
* Lowest price: €9,000 for 11 Dublin Rd, Carlow
As the county with the third smallest population, Carlow has one of the smallest property markets.
Just 127 properties were sold in the first half of 2013, a 35% increase on the same period last year. The value of properties sold in Carlow this year increased by an even greater margin — up 59% to just over €17m. It places the value of the property market in Carlow well above what might be expected for its size.
There was an increase in the number of new houses sold in Carlow — up seven to 21, although the value increased by 160% — up from almost €1.6m to just over €4m.
Activity in the secondhand market also grew in the actual number of properties as well as their value. However, the median price of secondhand homes fell by 2% to €98,000.
* Highest price: €459,000 for property at Carnogue, Ballyhaise
* Lowest price: €9,000 for property at Tierlahood, Stradone
Known for its propensity for large homes, the number of properties selling in Cavan in the first six months of 2013 rose 22% to 154.
It resulted in the overall value of properties sold rising 8% to €13.7m.
However, the median value of houses is the fifth lowest in the country at €75,000 — a 12% drop on prices in the same period last year.
There was a slight increase in the number of new properties sold, although their overall value fell by 17% to just over €3m.
New houses sales accounted for more than a quarter of all transactions in Cavan — more than twice the national average rate.
The value of the secondhand property market rose by 20% to almost €10.8m.
* Highest price: €1,462,500 for Tinerana House, Ogonnolloe, Killaloe
* Lowest price: €15,000 for a property at Clounlaheen West, Mullagh
Clare is one of only six counties to see a reduction in sales of property in the first half of 2013 with the number of units sold down 5% to 221.
The overall value of property sales in the county fell by 13% to €27.6m as the median house price fell by 13% to €100,000.
The market for new homes remained stable, if relatively small — down just 5% to €3m — although the median price of new homes fell by 25% to €105,728.
Activity in second-hand homes sales also fell by 9%, with the overall value of this sector declining by 13% to €24.6m.
The median price of a secondhand property in Clare is now €100,000 — down 12% or €13,250 from last year.
* Highest price: €1.5m for Raffeen, Scilly, Kinsale; and Eastgrove House, East Ferry, Cobh
* Lowest price: €6,625 for 7 Roches Terrace, Cobh
Cork remains unchallenged as the largest property market outside Dublin, although the relative activity of house sales is somewhat below what might be expected given the county’s population.
The total number of properties sold in Cork in the first half of 2013 increased by 5% to 1,086, although the overall value of such homes fell by 2% to €175.3m. The number of new properties coming on the market fell by 11% with just 89 new homes sold between January and June.
In tandem with the national trend, the number of secondhand properties sold in Cork rose by 7% to 997 units. Their overall value was worth almost €160.3m — a 1% reduction on the value of the second-hand market at the same stage in 2012.
* Highest price: €665,000 for three properties sold as one lot at Lower Main St, Buncrana
* Lowest price: €15,000 for Maryhill, Sentry Hill, Letterkenny
Donegal is one of the few counties where all segments of the property market have contracted in 2013.
The overall value of properties sold so far this year in Donegal has dropped by 20% to €25m as median prices fell by 18% — down from €97,000 last year to €80,000 now.
The total number of houses sold in Donegal recorded a small decline of 4% — down to 275 properties.
The already small market for new homes shrunk further with their overall value down by 34% to just €2.5m.
The number of second-hand homes sold in the county in the first six months of 2013 also declined slightly — down five to 250 units.
* Highest price: €60,528,634 for apartment complex at Clancy Quay, Islandbridge
* Lowest price: €7,300 for 66 Oranmore Rd, Ballyfermot
The capital accounted for almost one third of all properties sold in the first half of 2013 and for more than 52% by value.
The total number of properties sold in Dublin so far this year remained static at 3,336 units. However, their value soared by 13% to more than €1bn.
The median value of properties sold in Dublin stands at €205,000 — up from €199,500 last year.
The 19% reduction in the value of new homes sold in Dublin in 2013 reflects the continuing fall in apartment prices in particular.
The median price of new properties in Dublin is now just under €168,000 — down from €215,000 or 22% since last year.
The secondhand market median price increased by 6% to €207,950.
* Highest price: €1,312,500 for Old Church St, Athenry
* Lowest price: €10,000 for property at Corker, Gort
Galway is the country’s third biggest property market after Dublin and Cork, accounting for roughly 5% of all transactions.
There was a noticeable increase in activity in the first six months of 2013 with the number of homes sold up by 28% to 535.
The value of all properties sold also rose by 25% to just under €84m, although the median price fell by 10% to €130,000.
Despite the fact that just one less new property was sold in Galway this year, the value of such homes dropped by 11% to just below €7.7m.
It reflects the fact that the median price of new properties has fallen to just over €131,000.
The median price of secondhand homes has fallen from €145,000 to €130,000.
* Highest price: €1.6m for Parknadoon House, Oakpark, Tralee
* Lowest price: €18,000 for property at Caherulla, Ballyheigue
The median price of properties sold in Kerry in 2013 has fallen by 21% — down from almost €127,000 to just €100,000.
Business has increased in 2013 with the overall number of sales up 10% to 333, although the total value of such transactions in down 2% to €44.2m.
There has been a slight decrease in the number of new homes coming up for sale in Kerry. The value of the 42 new properties sold in the county in 2013 was just €5.4m compared to almost €9.3m over the same period last year.
In the secondhand market the number of transactions grew by 15%.
The value of secondhand properties sold in the county so far this year is 9% ahead of the corresponding period last year at €38.7m.
* Highest price: €900,000 for Spring Garden, Dunelty Turnings, Straffan
* Lowest price: €10,000 for 8 Stanhope St, Athy
The property market in Kildare is the fourth largest in the country in terms of houses sold and fifth by value. The strength of prices and sales is predominantly due to the county being part of Dublin’s commuter belt.
There was a 15% increase in the number of properties sold in the first half of this year with their value also growing by 16% to €74.7m. The median house price remained stable at €170,000. The number of new properties coming on the market rose by 62% to 84 with their value rising by 54% to €16.8m.
In contrast to most other counties, the median price of new homes remained effectively static at just under €193,000. There was a 7% increase in transactions in the secondhand market, while the value of such sales rose by 9% to €57.9m.
* Highest price: €600,000 for 3 The Waltons, Mount Juliet, Thomastown
* Lowest price: €14,000 for 35 Barrack St, Castlecomer
The first six months of 2013 have not been good for the property market in Kilkenny with all sectors contracting.
Overall the number of properties sold in Kilkenny this year fell by 19% — the biggest reduction in any county.
The value of houses sold in Kilkenny has also fallen at an even greater pace — down 28% to €19.3m — the biggest percentage decrease of any county in 2013.
The number of new houses being put up for sale was the second lowest in the country at 13.
There was a slight decrease in the market for secondhand homes with sales down 5% to 145 properties. However, their total value dropped by 15% to €17.7m.
* Highest price: €380,000 for property at Killenard, Portarlington
* Lowest price: €20,500 for property at Rathmoyle, Abbeyleix
Laois has contracted across all sectors of its property market in the first half of 2013. Activity has fallen by 17% with just 142 properties sold so far this year. The value of such transactions fell by 18% to €14.7m, while the median price dropped by 7% to €78,750.
Very few new properties came on the market with just 27 units being sold. The value of new homes fell by 41% to €2.6m compared to the same period in 2012. The median price of such properties declined by 16% to €74,500.
The secondhand market fared slightly better with the number of such homes sold down 10% to 115. There was a corresponding 10% drop in the value of such transactions to €12.1m. However, the median price of secondhand properties sold in Laois in 2013 remained unchanged at €80,000.
* Highest price: €250,000 for Inis Temple, Kinlough
* Lowest price: €15,000 for property at Corglass, Leitrim
The county with the smallest population in Ireland has often been the focus of reports on the property market given its association with a large number of “ghost estates” and vacant homes.
Business in Leitrim’s property market picked up in 2013 albeit from a relatively low base. A total of 108 homes have been sold to date — an increase of 37% on the same period in 2012.
Despite such growth, the value of all new property transactions in 2013 has declined by 12% to €7.8m.
However, the slump in house prices was even more marked in the secondhand market, falling 48% to just €55,000. The value of such transactions has fallen by 13% to €5.9m, despite a 47% rise in the number of sales.
* Highest price: €2m for Derravoher and The Coachhouse, North Circular Rd, Limerick
* Lowest price: €10,000 for Coolboy, Athlacca, Kilmallock
Although Limerick is one of the State’s largest cities and the fifth most populous county, its property market ranks just eighth in terms of activity.
Property sales so far in 2013 have remained relatively stable — down just 1% to 331 transactions. The value of such business fell by 8% to €45m with a similar percentage reduction in the median house price — down €10,000 to €115,000.
Sales of new homes at 25 in the January-June period showed no change on last year’s figures, although their value fell by 18% to €3.9m.
Surprisingly, the secondhand property market contracted in 2013 with the number of transactions down 2% and their total value down by 7% to €41.2m.
* Highest price: €360,000 for a property in Granard
* Lowest price: €10,000 for 11 Teffia Park, Longford
Although it has the second smallest population in the country after Leitrim, there was a big increase in the number of property sales in Longford in the first half of 2013.
There was a 73% rise in the number of transactions albeit from a small base figure. The 111 properties purchased since January generated total sales of €6.9m — an increase of 33%.
Only 17 new homes were sold in Longford in the first six months of the year generating sales of almost €893,000. The median price of new homes dropped by 56% — down from more than €102,000 last year to just €45,000 in 2013.
There was also increased activity in the secondhand property market in Longford with the total value of sales jumping by 35% to over €6m.
* Highest price: €1,233,480 for Carlinn Hall, Dublin Rd, Dundalk
* Lowest price: €20,000 each for 61 Oakland Park, Cox’s Demense, Dundalk; 1 St Ronan’s Villas, Dundalk, and a property at Mullacopple, Collon
Louth has the 10th biggest market for housing both in terms of number of transactions and value.
The first half of 2013 has seen a 14% increase in the number of property sales — up 38 to 301, generating total sales of over €6.9m. The median price of all properties sold in Louth so far this year fell by 4% to €106,000. Although the number of new homes sold rose by six to 58, the value of new property sales fell sharply — down 38% to €8.5m.
There was greater buoyancy in the secondhand property market in Louth with the overall number of sales up 15% to 243. They generated total sales of almost €30.9m — a 17% increase on 2012.
* Highest price: €1m for Inishturk Beg Island, Clew Bay
* Lowest price: €10,000 for 10 Tyrawley Terrace, Ballina
The property market in Mayo has run counter to the national trend during the first half of 2013 with the total number of property sales down 13%.
The decrease led to a similar drop in the value of property sales which were down 14% to €21.9m. However, average values held up better with the median price of all properties purchased in Mayo down just 2% to €88,000.
The number of new houses sold remains quite small with just 18 so far in 2013, generating sales of just under €1.6m — a decrease of 64% on the same period last year.
The secondhand market fared little better with transactions down 10% to 185. Values held up better as they generated sales of over €20.3m — just 4% down on the previous year’s performance.
* Highest price: €3.3m for Ardbraccan House, Church Lodges and Church, Navan
* Lowest price: €13,203 for Cormeen, Mullagh, Kells
Meath is one of the biggest property markets outside the main cities with overall sales up 5% to €55.7m so far in 2013. There was a 15% increase in the number of properties sold since January — up 40 to 339. The median value of all properties sold in Meath has dropped by 13% since last year — down €20,000 to €130,000.
It is the fifth joint highest median value (with Galway) in Ireland after Dublin, Wicklow, Kildare, and Cork.
New homes sales rose 17% generating almost €8.7m, although the median value declined by 9% to €145,000.
The overall number and value of secondhand homes purchased in Meath have both risen in 2013.
* Highest price: €300,000 for 9 Cloverhill, Clones Rd, Monaghan
* Lowest price: €10,000 for property at Lisnamacka, Castleblayney
Monaghan had the lowest level of business of any county in the property market this year, despite a 25% increase in the number of houses sold. Just 90 properties sales were recorded in the first half of 2013, up 18 transactions on last year.
However, the value of such sales remained static at €7.4m, while the median value fell by 9% to €72,500.
There was an increase in the number of new houses sold which resulted in a 33% rise in the value of such sales to €2m.
Although there was a small increase in the number of transactions in the secondhand property market, the value of such sales declined by 9% to €11.4m as the median value recorded a drop of 13% to just €65,000.
* Highest price: €450,000 each for two properties: one at Spollenstown, Tullamore, and also 3 Oxmantown Mall, Birr
* Lowest price: €7,500 for Canal Line, Pullough, Tullamore
Although the number of transactions rose slightly in the first half of 2013 compared to the same period last year, the value of such sales declined by 13% to €12.5m in Offaly.
Offaly also had the lowest sales figures for new homes of any county in the Republic with just nine transactions recorded to date in 2013. They generated sales worth just over €1.1m — a 38% drop on corresponding sales totals from last year.
The median value of homes has dropped 25% from almost €115,000 in 2012 to just €86,000, but the median value of new homes were significantly higher at €133,750 — up 22% on last year.
The secondhand property market performed better, with increased activity compared to 2012.
* Highest price: €640,000 for Lakeside House, Barrymore, Athlone
* Lowest price: €10,833 for property at Glenties, Ballinlough
There was a strong increase in the number of property transactions in Roscommon over the past six months — up 53% to 193. It saw overall sales generated from such deals rising by 41% to almost €16.6m.
But the median value of all property sales in Roscommon this year still dropped by 16% to €66,000.
The number of new homes sold more than doubled, albeit for a very low base, accounting for one fifth of all property sales compared to the national average of 12%.
Steady growth was also experienced in the secondhand market. However, the trend of falling values continued with the median price of secondhand homes dropping 23% to just €60,000.
* Highest price: €542,500 for Avena House, Ballisodare
* Lowest price: €10,000 for property at Curry, Ballymote
The property market in Sligo is showing signs of new life in 2013 with increased activity. The number of sales rose 10% in the first six months leading to a 2% increase in total sales to €15.3m.
Like most other counties, the fall in average values is continuing apace with the median value in 2013 down 9% to just below €82,000.
The new homes market remains at a low level, although the sector rose by 11% to generate sales worth €2.2m from 22 transactions.
However, oversupply of housing keeps a downward pressure on prices with the median value of new homes sold down 3% to just below €93,800.
The secondhand market also held up with the number of transactions up 7% to 130, generating an overall increase in sales of 1% to €13.1m.
* Highest price: €453,000 for property at Slevyre, Terryglass
* Lowest price: €18,000 for property at Lorrha
A large increase in the number of properties sold in Tipperary in 2013 has not translated into a commensurate rise in sales value.
There has been an impressive 22% increase in transactions this year — up 54 to 299. However, the overall revenue from such deals only increased by 7% to €31.7m as average house prices fell.
The demand for new homes remains relatively small at just 34 properties purchased in the first six months, though it represented a 70% increase on the number sold in the same period in 2012.
However, the discrepancy is largely explained by the sale of a large number of properties on a new housing estate in the county at relatively low prices. There was a stronger performance in the secondhand market with the volume and value of sales recording growth in excess of 20%.
* Highest price: €2,181,000 for Fortwilliam, Glencairn, Lismore
* Lowest price: €15,000 for 37 Morrison’s Rd, Waterford City
Waterford remains a relatively small player in the national property market. With 258 properties sold in the first half of 2013, it puts Waterford between Donegal and Clare in terms of activity.
In Waterford the value of sales was up 18% to €32m — a rise of almost €5m over the same period in 2012.
Sales of new homes remained at a very low level with 22 properties fetching total revenue of €2.5m — a decrease of 31% on 2012 new home sales figures in Waterford.
Official figures show the secondhand market has performed strongly in Waterford so far this year.
The number of completed deals is up 14% to 236 leading to a 26% increase in sales to €29.5m.
* Highest price: €700,000 for Jamestown Court, Castletown Geoghegan
* Lowest price: €6,500 for 122 Meadowbrook, Athlone
Once considered part of Dublin’s extensive commuter belt during the boom, Westmeath’s property market has withdrawn to more normal levels of trading in recent years. Activity has increased in the industry in the county so far this year, with the total number of properties sold up 15% to 192 leading to a 19% increase in sales of €21.9m. The median value of properties in Westmeath fell by 10% to €90,000. The sale of new homes fell below 2012 levels — down 18% in both volume and value.
Nevertheless, the median value of new homes soared by 43% to almost €97,000 from just below €68,000 last year. The secondhand market showed a greater level of activity with the number of properties exchanging hands up 22% to 169. The median value of secondhand homes fell 15% to €85,000.
* Highest price: €625,000 for Seaview Cottage, Ballinesker, Curracloe
* Lowest price: €6,000 for a property at Ballymitty, New Ross
Wexford has always had a busy property market, not least because of its location for a large number of holiday homes with easy access to Dublin.
A total of 359 properties were sold in the first six months of 2013 — a slight increase in numbers with a 2% rise in value to €44.4m.
The new home sector remained effectively static in terms of numbers sold. However, overall sales of new properties fell by 17% to just under €4.3m, with the median value slumping by 34% to just over €79,000. It was almost €121,000 for new homes in Wexford last year.
The secondhand property market in Wexford has been more stable with the number of sales up 3% to 320 and value up 4% to €40.1m. The median price also remained largely static — down just 1% to €105,250.
* Highest price: €2.5m for Fassaroe House, Bray
* Lowest price: €25,000 each for two properties at Boley, Shilleagh
Wicklow is the strongest performing county in the Republic’s property market in 2013, according to figures contained in the Residential Property Price Register.
It is the only one of 26 counties where the number of sales, combined value of sales and median values all increased in 2013.
The overall number of property sales registered in Wicklow in 2013 increased by 14% to 326 generating a 28% increase in revenue to a total sales figure of €44.4m. The demand for new housing in Wicklow remained effectively static at just 35 units.
The secondhand market in Wicklow performed the star turn with the volume up 16% to 292 purchases.