According to the latest Daft House Price Survey, in Kildare, prices in Q3 2013 were 3% lower than a year previously, compared to a fall of 14% seen a year ago.
The average house price is now €175,000, 56% below peak levels.
Commenting on the report, economist with Daft.ie Ronan Lyons said: “With prices up over 10% year-on-year in some parts of Dublin, it is natural that people are worried about another bubble.
“However, concerns over a new Dublin bubble are probably overstated. “