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December Sales: Why Year-End Completions Are Ireland's Worst-Kept Secret

Property Data Ireland7 min read
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If you've ever wondered why solicitors seem so stressed in December, here's your answer. We analysed 690,125 property sales from the Property Price Register (2012–2025) and found that December consistently dominates the calendar — accounting for 12.2% of all sales, despite being just one of twelve months.

That's 84,421 December closings over 14 years — 46% more than what you'd expect if sales were spread evenly. Year-end completions are Ireland's worst-kept secret.

The December Peak

Looking at total sales by month across 14 years, December towers above every other month. January is the quietest at 39,553 — December more than doubles it at 84,421. The ramp-up through the year is steady, but December gets a massive spike from year-end closings.

Total Sales by Month (2012–2025)

December highlighted in red. Based on 690,125 full-market-price sales, 2012–2025.

December Volume Year by Year

The December spike isn't a one-off. It shows up every single year, though its intensity varies. In 2014, December accounted for a massive 17.3% of all sales. Even in quieter years like 2022, it still hit 10.6% — always above the 8.3% you'd expect from an equal split.

December Sales Volume by Year

December closings peaked at 7,352 in 2014. The 2020 spike reflects COVID-era catch-up completions.

The December Price Premium

Do December sales cost more? Usually, yes. In 11 out of 14 years, the December median price was higher than the annual median. In 2024, December sales carried a €15,000 premium over the annual median — a 4.5% markup. This is partly driven by the higher share of new builds closing in December (more on that below).

December Median vs Annual Median (2012–2025)

Red = December median, purple = full-year median. December is higher in 11 of 14 years.

December by County

The December effect isn't uniform across the country. Kildare leads with 13.9% of its annual sales happening in December — a ratio of 1.67x the average month. Commuter counties (Kildare, Louth, Meath, Wicklow) tend to have the strongest December spikes, likely driven by new-build estates completing at year-end.

December Share of Annual Sales by County (2012–2025)
CountyDec SalesTotal SalesDec %Dec Ratio
Kildare5,11136,81213.9%1.67x
Louth2,48019,26512.9%1.55x
Meath3,77229,75312.7%1.52x
Cork9,52975,66112.6%1.51x
Galway4,23033,62412.6%1.51x
Clare1,96515,71112.5%1.5x
Leitrim7706,18212.5%1.5x
Wicklow2,93723,40312.5%1.51x
Sligo1,26710,27012.3%1.48x
Carlow9127,46012.2%1.47x
Limerick3,15125,80112.2%1.47x
Monaghan6355,18512.2%1.47x
Donegal2,19718,17412.1%1.45x
Dublin26,209217,39312.1%1.45x
Laois1,34911,22912%1.44x
Offaly1,0348,59412%1.44x
Cavan1,24810,49411.9%1.43x
Kerry2,21518,61211.9%1.43x
Tipperary2,12717,96511.8%1.42x
Kilkenny1,23710,60411.7%1.4x
Longford6675,68711.7%1.41x
Westmeath1,50313,11911.5%1.38x
Wexford2,73123,74511.5%1.38x
Waterford2,12518,71011.4%1.36x
Mayo1,90116,81011.3%1.36x
Roscommon1,1199,86211.3%1.36x

Dec Ratio = December volume divided by average monthly volume. Sorted by December %. If sales were evenly spread, every county would show 8.3%.

The New Builds Factor

A big part of the December spike comes down to new builds. Developers target year-end handovers to hit sales targets and recognise revenue. In December, 21.7% of sales are new builds, compared to just 16.7% during January–November. That's a 30% increase in the new-build share.

New Builds vs Second-Hand: December vs Rest of Year

December

New Builds21.7%
Second-Hand78.3%

18,290 new / 66,127 second-hand

Jan–Nov

New Builds16.7%
Second-Hand83.3%

100,896 new / 504,773 second-hand

Why Does This Happen?

The December rush isn't random. Several forces push completions toward year-end:

  • New-build handovers — Developers work to year-end targets. Completing homes before December 31st means recognising revenue in the current financial year and meeting targets for investors and lenders.
  • Help to Buy deadlines — Buyers using government schemes often have application windows tied to the calendar year, creating urgency to close before the deadline.
  • Mortgage approval expiry — Mortgage approvals typically last 6–12 months. Buyers who got approved in spring face a natural deadline by winter.
  • Solicitor and lender deadlines — Financial institutions and legal firms push to clear their books by year-end, creating a rush of activity in the final weeks.
  • The “new year, new home” effect — Buyers want to start the new year in their new home, particularly families planning around the school calendar.

The result? A predictable annual surge that solicitors, auctioneers, and anyone who's ever tried to close a sale in the last week of December knows all too well. If you're buying, be aware that December's higher prices partly reflect the mix of properties (more new builds) rather than purely higher valuations. But the competition for solicitor time and closing slots is very real.

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