Not Full Market Price Sales — FAQ

What does “not full market price” mean?

The PPR (Property Price Register) flags a sale as “not full market price” when the recorded price does not reflect the open market value of the property. This means the property changed hands at a price significantly different from what it would fetch in an open, competitive sale.

Why would a sale not be at market price?

Common reasons include:

• Family transfers (selling to a relative at a nominal or reduced price)
• Inheritance-related transactions
• Partial interest sales (selling a share of a property)
• Corporate restructuring
• Distressed or forced sales
• Transfers between related parties

For example, a three-bedroom house might be registered as “sold” for €16,000 — not because that’s its market value, but because it was transferred within a family.

Are these real transactions?

Yes. These are legitimate, legally recorded property transactions. The “not full market price” flag doesn’t mean anything is wrong — it simply means the price shouldn't be taken as an indication of what the property is actually worth on the open market.

How does Dublish handle these sales?

Dublish takes two steps:

• It flags not-full-market-price sales with an asterisk on property pages so you can see them clearly.
• It excludes them from all price statistics — street medians, area medians, district medians, price trends, and investment growth rate calculations.

Including non-market-price transactions would distort these statistics and give a misleading picture of actual market values.

How many sales are affected?

Approximately 4.8% of sales in the PPR are flagged as not full market price (as of Q1 2026). While this is a relatively small proportion, even a single far-below-market sale on a short street can significantly drag down the median if not filtered out.

Where does this data come from?

The Property Price Register, maintained by the Property Services Regulatory Authority (PSRA), records whether each sale was at full market price. Dublish uses this flag directly from the register.