Home buyers paying 3.7% over asking price as demand remains strong

Market heat is greatest in Dublin, where the transaction price is typically 4.8% above the list price, followed by Munster at 3.9% above asking price.

Properties are selling for an average of 3.7% above already soaring asking prices in 2022, compared to less than half a percent above asking price a year ago and 0.5% below asking price in 2020, according to figures from Daft.ie.

Daft.ie reports that the premiums buyers are paying above asking price demonstrate greater market heat in the last three quarters than any other time since the start of 2010.