Second month in succession in which house prices locally have fallen

The average price of a house in Dundalk fell back by 0.5% in September.

The latest Residential Property Price Index from the Central Statistics Office (CSO) shows that the mean house price in the town now stands at €210,910, down from €211,919 in August.

This is the second consecutive month in which local house prices have fallen after the figure of €212,104 was reached in July when the the highest price for the year to date was achieved.

Prices were up €3,264 on September 2018 when the mean price of a house stood at €207,646. This represents a year on year increase of 1.6%.

Meanwhile prices in Louth as a whole fell back by 0.6% in September from €218,900 to €217,674.

Prices in Drogheda were up 0.1% in September however from €250,058 to €250,398.

The median asking price in Dundalk also fell from €207,000 to €205,000. Meanwhile in Drogheda it was unchanged at €245,000 while in Louth it was also unchanged at €210,000.