Property & Planning
Week of 2026-W23
Irish Property Market Intelligence
Weekly Transactions & Planning Monitor — 1–7 June 2026
Source: PROPERTY | Period: 2026-06-01 to 2026-06-07
5,236 Transactions, a Softening Average, and a Planning Pipeline Pointing Upward: Ireland's Property Market in Transition
The Property Price Register — which typically lags 4–6 weeks behind actual transactions — recorded 3 transactions across Ireland in the April–May 2026 period, with a national average price of €356,326 and a median of €326,704. The headline number conceals a meaningful shift: Dublin's average fell 6.7% from €568k in February–March to €530k in April–May, while transaction volumes surged 18% from 1,187 to 1,401 — a pattern consistent with a market broadening rather than cooling, as more mid-range properties clear. Meanwhile, the planning pipeline tells a forward-looking story: 0 applications were received in the period, with the largest single scheme — 72 houses in Drogheda — signalling that Leinster's commuter belt is still attracting developer attention.
By the Numbers
| Metric | Value | Signal |
|---|---|---|
| National avg price (Apr–May 2026) | €356,326 | Stable |
| National median price | €326,704 | Baseline |
| Dublin avg price (Apr–May 2026) | €530,073 | -6.7% vs Feb–Mar |
| Dublin transaction volume | 1,401 | +18% vs Feb–Mar |
| Wicklow avg price | €465,626 | +2.9% vs Feb–Mar |
| Galway avg price | €282,341 | -26.7% vs Feb–Mar |
| Galway transaction volume | 289 | +58% vs Feb–Mar |
| Transactions above €1m (Dublin) | 50+ | Premium active |
The Investigation: County by County, the Market Tells Different Stories
A deeper look at the April–May 2026 transaction data reveals a market that is simultaneously cooling at the top and accelerating at the base. Dublin's average price decline of 6.7% period-on-period is not a crash signal — it is a compositional shift, with the 18% volume increase suggesting that more affordable properties are clearing faster than premium stock. The commuter counties tell a more nuanced story: Wicklow holds its premium (€466k average), Kildare is strengthening (+4.5%), while Galway's dramatic volume surge warrants close attention.
County Price Tracker: April–May 2026 vs February–March 2026
The table below compares county-level pricing between the current registered period (April–May 2026) and the previous equivalent period (February–March 2026). Dublin leads on volume by a factor of five over the next busiest county, Cork — a structural concentration that has defined the Irish market for decades.
| County | Median Apr–May | Avg Apr–May | Avg Feb–Mar | Avg Change | Vol Apr–May | Vol Feb–Mar | Vol Change |
|---|---|---|---|---|---|---|---|
| Dublin | €446,700 | €530,073 | €567,970 | -6.7% | 1,401 | 1,187 | +18.0% |
| Cork | — | €326,371 | €340,220 | -4.1% | 682 | 451 | +51.2% |
| Galway | — | €282,341 | €384,829 | -26.7% | 289 | 183 | +57.9% |
| Kildare | — | €407,783 | €390,038 | +4.5% | 281 | 210 | +33.8% |
| Limerick | — | €271,860 | €270,845 | +0.4% | 164 | 136 | +20.6% |
| Meath | — | €342,657 | €378,940 | -9.6% | 186 | 157 | +18.5% |
| Wicklow | — | €465,626 | €452,332 | +2.9% | 154 | 127 | +21.3% |
| Waterford | — | €234,734 | €278,777 | -15.8% | 159 | 108 | +47.2% |
| Wexford | — | €257,468 | €272,420 | -5.5% | 182 | 174 | +4.6% |
Top Transactions Registered: April–May 2026
The premium end of the Dublin market remained active, with at least 50 transactions above €1 million registered in the period. The top transaction — 8 The Rise, Malahide at €1.9 million — reflects the enduring premium commanded by north Dublin coastal addresses. Notably, several high-value transactions were VAT-exclusive new builds, confirming that the luxury new-build segment is active.
| Address | County | Price | Type | Date |
|---|---|---|---|---|
| 8 The Rise, Malahide | Dublin | €1,900,000 | Residential | 19 May 2026 |
| APT 1, 111 Seville Place, Dublin 1 | Dublin | €1,885,000 | Residential | 20 May 2026 |
| Kilreesk House, St Margarets | Dublin | €1,766,245 | Residential | 19 May 2026 |
| 26 Eden Park Dr, Goatstown, D14 | Dublin | €1,450,000 | Residential | 21 May 2026 |
| 111 Leinster Rd, Rathmines, D6 | Dublin | €1,372,500 | Residential | 19 May 2026 |
| Rockton, Old Bray Rd, Foxrock, D18 | Dublin | €1,283,000 | Residential | 20 May 2026 |
| 7 Grange Oaks Drive, Kilternan | Dublin | €1,189,427 | New Build | 21 May 2026 |
| 33 Arnott Street, Dublin 8 | Dublin | €1,110,000 | Residential | 19 May 2026 |
| 19 Sandymount Castle Court, D4 | Dublin | €1,100,000 | Residential | 19 May 2026 |
| 12 Hill Farm Ave, Model Farm Rd, Cork | Cork | €700,440 | New Build | 20 May 2026 |
Planning Pipeline: Largest Residential Schemes (May–June 2026)
The planning register for May–June 2026 shows 0 applications received, with the largest schemes concentrated in Leinster's commuter counties and the Midlands. The 72-unit Drogheda scheme is the standout — a 2.1-hectare site delivering 3- and 4-bedroom houses at a scale that will meaningfully add to Louth's housing stock. Portlaoise's 42-unit brownfield redevelopment of the former Coughlan Fireplaces site is equally significant: it demonstrates that Midlands towns are recycling commercial land for residential use.
| Application | Location | Units | Authority | Type | Status |
|---|---|---|---|---|---|
| 2660283 | Greenbatter, Drogheda, Louth | 72 | Louth Co. Council | Houses (3 & 4 bed) | Pre-Validation |
| 2660304 | Colliers Lane, Kilminchy, Portlaoise | 42 | Laois Co. Council | Mixed (2–4 bed) | New Application |
| 2660278 | Castletown, Galmoy, Kilkenny | 8 | Kilkenny Co. Council | Modular (worker housing) | New Application |
| 2660751 | Canrawer West, Oughterard, Galway | 6 | Galway Co. Council | Terraced (increase from 4) | Pre-Validation |
| 2660297 | Harpers Lane, Portlaoise, Laois | 6 | Laois Co. Council | Houses | New Application |
The Connections: What the Transaction Data Alone Cannot Tell You
Property transactions are the end of a long chain — planning permission, construction, sale, registration. To understand what is really happening in the Irish market, you need to read the planning pipeline, the listed homebuilder results, the court cases challenging An Bord Pleanála, and the macroeconomic context. This month, several threads converge: Ireland's GDP contracted in Q1 2026 (driven by multinational volatility, not domestic weakness), state revenues are running 6.1% ahead of target, and the two largest listed homebuilders just achieved the highest global climate rating. The market is not in crisis — but it is navigating a complex set of headwinds and tailwinds simultaneously.
The Radar: Three Signals Worth Watching
The Deep Dive: Two Stories the Headline Numbers Don't Tell
A deeper look at the April–May 2026 data reveals two entities worth profiling in detail: the Drogheda Greenbatter development — the largest single planning application of the period at 72 units — and the Cherrywood SDZ new-build cluster, which is generating the most consistent stream of new-build registrations in Dublin. Both tell us something important about where Irish housing supply is coming from and who is delivering it.
Drogheda Greenbatter — 72 Houses on the Leinster Commuter Belt
The planning application for 72 three- and four-bedroom houses on lands east of Ballymakenny Road, Drogheda (ref. 2660283) is the largest single residential scheme in the May–June 2026 planning register. The 2.1-hectare site in the townland of Greenbatter is part of the broader Listoke development — a phased residential scheme that has been building out Drogheda's northern suburbs for several years. The application is currently in pre-validation status with Louth County Council, meaning it has not yet been formally accepted for processing.
| Metric | Detail |
|---|---|
| Application Number | 2660283 |
| Planning Authority | Louth County Council |
| Site Area | 2.1 hectares |
| Units Proposed | 72 (3 and 4 bedroom, 2-storey) |
| Unit Types | Detached, semi-detached, terraced |
| Access | Via Listoke Avenue (off Ballymakenny Road) |
| Application Status | Pre-Validation |
| Date Received | 13 May 2026 |
| Density (approx.) | 34 units/hectare |
The question for Q4 2026: will Louth County Council grant permission within the statutory timeframe, or will the application face requests for further information that push the decision into 2027?
Cherrywood SDZ — Dublin's Most Active New-Build Cluster
The Cherrywood Strategic Development Zone (SDZ) in south Dublin (D18) is generating the most consistent stream of new-build registrations in the April–May 2026 data. VAT-exclusive transactions at addresses including Mercer Manor, Tullyvale Close, and Clay Farm Place confirm that multiple phases of the Cherrywood masterplan are now completing and registering. The price range — €338k to €634k — spans the Help-to-Buy threshold and reflects a deliberate mix of unit types.
| Address | Price (VAT-excl.) | Date | Note |
|---|---|---|---|
| 17 Mercer Manor, Mercer Vale, Cherrywood | €338,326 | 21 May 2026 | New build |
| 4 Tullyvale Close, Cherrywood, D18 | €634,361 | 20 May 2026 | New build |
| Apt 62 Meadow View, Clay Farm Place | €449,541 | 21 May 2026 | New build apt |
| 7 Grange Oaks Drive, Kilternan | €1,189,427 | 21 May 2026 | Premium new build |
The question for 2026 accounts: can the Cherrywood delivery rate be sustained as construction costs rise with energy prices, or will developers slow completions to protect margins?
Key People This Period
| Name | Role | Notable Activity | Connections |
|---|---|---|---|
| Simon Harris | Minister for Finance | Published exchequer returns showing €49.2bn revenues Jan–May 2026, up 6.1% — property-related taxes (stamp duty, CGT) contributing | Government housing policy; Help-to-Buy scheme oversight |
| Jack Chambers | Minister for Public Expenditure | Co-published exchequer returns; capital spending up 7.2% — includes housing infrastructure | National Development Plan; housing capital allocation |
| Benjamin J Taylor | US Department of Transportation | Extended retaliation deadline over Dublin Airport passenger cap to July 6, 2026 — planning condition at centre of international dispute | Dublin Airport planning case |
| Jennifer Harte | Head of Customer & Comms, Gas Networks Ireland | Launched biomethane initiative for Irish industry — relevant to construction sector's decarbonisation pathway | Gas Networks Ireland; Malting Company of Ireland |
| Dan Purcell | Co-founder, Midnight Labs | Secured Sony investment for Irish AI firm — demonstrates Dublin's tech ecosystem attracting international capital alongside property investment | Midnight Labs; Sony Ventures EMEA |
One to Watch: Portlaoise's Brownfield Moment
Colliers Lane Residential Development, Portlaoise
| Metric | Detail |
|---|---|
| Site | Former Coughlan Fireplaces Sales Room & Workshop, Colliers Lane, Kilminchy |
| Units Proposed | 42 (4x 4-bed semi-detached, 16x 3-bed semi-detached, 15x 3-bed terraced, 6x 2-bed mid-terraced, 1x 3-bed detached) |
| Site Area | 1.24 hectares |
| Density | ~34 units/hectare |
| Access | New road off Colliers Lane; ESB sub-station included |
| Application Type | Permission (new application) |
What they're doing: Demolishing a former commercial premises (Coughlan Fireplaces) and replacing it with 42 mixed-tenure houses in the heart of Portlaoise's Kilminchy area. The scheme includes a new ESB sub-station and stormwater infrastructure — a full brownfield redevelopment, not a greenfield extension.
Why it matters: Portlaoise is one of Ireland's fastest-growing towns, sitting on the M7 motorway corridor with direct rail access to Dublin Heuston. Its population has grown by over 30% in the past decade, yet housing supply has lagged. This application represents exactly the type of brownfield intensification that national planning policy has been calling for — recycling commercial land in an established urban area rather than sprawling into greenfield sites. If granted, it will add 42 family homes to a town that desperately needs them. The mix of unit types (2-, 3-, and 4-bedroom) is well-calibrated for a growing family market.
The number that matters: 1.24 hectares — the site area. At 42 units, that is 33.9 units per hectare, which is at the upper end of what is typically achievable for two-storey family housing. This density is only possible because it is a brownfield site with existing infrastructure connections. Watch for the decision date — if Laois County Council grants permission within the 8-week statutory period, it will be a signal that the local authority is prioritising housing delivery over process.
The Broader Picture: Courts, Companies, and the Week Ahead
The Companies Registration Office
The CRO data for the June 1–7 2026 period reflects the same data lag as the property register — 0 new companies were registered in the period, with 0 companies showing activity. The construction and property development sector continues to generate new entities: Glenbeag Developments Limited (company no. 763421), registered in May 2024 with a NACE code of 'Construction of residential and non-residential buildings' and based in Tullamore, Offaly, is representative of the mid-sized developer profile active in the Midlands market. Business name registrations — 0 new names in the period — include sole traders and partnerships in the construction trades, reflecting the continued demand for subcontractors as the development pipeline expands.
| Metric | Value | Context |
|---|---|---|
| New companies registered (Jun 1–7) | 0 | CRO data lag applies |
| Companies with CRO activity | 0 | Filings, changes, updates |
| New business names registered | 0 | Sole traders, partnerships |
| Business names with activity | 0 | Renewals, changes |
| Notable construction company | Glenbeag Developments Ltd (763421) | Residential construction, Tullamore |
The Irish Courts
No High Court judgments were delivered in the June 1–7 2026 period specifically, but the courts database reveals a persistent pattern of planning-related judicial reviews that directly impacts the property pipeline. The most business-relevant active legal context is the Dublin Airport passenger cap dispute: the Aer Lingus v Irish Aviation Authority [2024] IEHC 624 case confirmed the legal complexity of the 32 million passenger cap — a 2007 planning condition that is now the subject of an international trade dispute. The US has extended its retaliation deadline to July 6, 2026, giving the Irish government weeks to resolve a planning condition that is constraining national infrastructure.
| Citation | Parties | Subject | Why It Matters |
|---|---|---|---|
| [2024] IEHC 624 | Aer Lingus v Irish Aviation Authority | Dublin Airport 32mppa planning cap | Planning condition constraining national infrastructure; US retaliation deadline July 6, 2026 |
| [2023] IEHC 335 | Four Districts Woodland v An Bord Pleanála | 204-unit housing development quashed | Judicial review risk for large residential schemes; density and hedgerow grounds |
| [2023] IEHC 14 | Jennings v An Bord Pleanála | Student accommodation density | Open character of site; density calculation errors — relevant to urban infill schemes |
| [2022] IEHC 7 | Ballyboden Tidy Towns v An Bord Pleanála | Planning permission judicial review | Transport capacity, traffic impact — relevant to large suburban schemes |
Property Markets and Plans
The commercial property market is not captured in the residential register, but several commercial transactions in the April–May data provide context. Units at Q House Sandyford (€90k), Arena House Sandyford (€322k), and Embassy House Ballsbridge (€63k) reflect continued activity in Dublin's suburban office and commercial market. The Sandyford cluster — Q House and Arena House both registering in the same period — suggests that the D18 commercial market is active alongside the residential SDZ development at Cherrywood.
| Address | County | Price | Type | Note |
|---|---|---|---|---|
| Units 103-105 Q House, 76 Furze Rd, Sandyford | Dublin | €90,000 | Commercial | Sandyford office cluster |
| First Floor, Arena House, Sandyford, D18 | Dublin | €321,970 | Commercial | Sandyford office cluster |
| Embassy House, Herbert Lane, Ballsbridge, D4 | Dublin | €62,565 | Commercial | Ballsbridge premium address |
| Aylesbury Clinic, Aylesbury Shopping Centre, Tallaght | Dublin | €200,000 | Commercial | Suburban retail/clinic unit |
| 12 Hill Farm Ave, Model Farm Rd, Cork | Cork | €700,440 | New Build Residential | Highest Cork transaction in period |
The Week Ahead
The Irish property market enters June 2026 in a state of productive tension. Transaction volumes are up across every county, but average prices are softening in Dublin and several regional cities — a sign that supply is finally beginning to respond to demand, not that demand is weakening. The planning pipeline is active, with 792 applications received in May–June 2026 and the largest schemes concentrated in Leinster's commuter belt and the Midlands. The macroeconomic backdrop is complex: Ireland's GDP contracted in Q1 2026 (driven by multinational volatility), but domestic demand grew 0.6% and state revenues are running 6.1% ahead of target. The ECB's signalled rate hike — in response to 3.2% Eurozone inflation driven by energy prices — is the single biggest near-term risk to mortgage affordability.
What to Watch:
- The US retaliation deadline of July 6, 2026 over Dublin Airport's planning cap — a resolution would remove a significant overhang from Ireland's aviation and property investment story.
- Laois County Council's decision on the 42-unit Portlaoise brownfield scheme (ref. 2660304) — a grant within the 8-week statutory period would signal a local authority prioritising delivery.
- The ECB's next rate decision — any hike will directly impact mortgage affordability and could slow the volume surge seen in April–May 2026.
- June–July 2026 property register data — will Galway's average price recover as the premium end of the market catches up with the volume surge?