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Published 09:29 18 Jul 2017 BST
The report revealed that 12 residential properties worth €1 million or more are sold in Ireland every single week and that, according to the Property Price Register, as many as 1% of properties in Ireland are worth that amount and more.
Of all the 54 different markets in the country – 22 postal districts of Dublin, North, South and West Dublin, the four other cities, and then the 25 other counties (excluding the city areas) – it is little surprise that South County Dublin is the most expensive market in the country, with an average property value of almost €550,000.
Dublin 6, Dublin 4 and Dublin 6W, meanwhile, also have average property values over €500,000, with Dublin 14 also making it into the top five.
At the other end of the scale, the cheapest five markets in the country are concentrated in the North-West.
In Longford, the average property value is €117,000, while in Leitrim, Sligo, Roscommon and Mayo, property values are also €140,000 or less.
The cheapest market in the country is Ballaghaderreen in Roscommon, where the average property value is just €58,000.
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