The number of derelict properties around the country has fallen, according to the latest GeoDirectory Residential Buildings Report.
The analysis is based on a study of the stock of houses and apartments across Ireland.
The report also showed the number of new addresses added to the database was up 33,000 in the 12 months to June of this year – reflecting a 5.2% increase year-on-year in home building.
The national average vacancy rate in the second quarter of 2025 was 3.7%, with 80,328 residential properties recorded as vacant in June 2025.
Director at EY Economic Advisory Annette Hughes said: “Vacancy rates have fallen in 17 counties and there has been a 2.9% drop in derelict properties nationally, reflecting a broader trend of improved utilisation of existing stock as more homes are being brought back into use.”
Almost 20,000 residential buildings were classified as derelict in June 2025, 2.9% lower compared to June 2024.
All counties saw the number of derelict address points decline relative to Q2 2024.
It said there were 23,869 residential buildings under construction across the country in June 2025, up 9.2% compared to June 2024.
Based on CSO data, the average house price nationally was €420,469 in June 2025, an increase of 9.8% year-on-year.
CEO of GeoDirectory Dara Keogh said: “While we’ve seen an increase in new residential address points, which is a testament to ongoing construction and development, the market continues to navigate complex issues.”
He added there was a slight decrease in the number of property transactions over the past year.
Article Source – Number of derelict properties nationwide down 2.9% – report
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