Prices rose by an average of 3.1 per cent in the last quarter (August-October), DNG said.
In the same period in 2011, the average price of a resale property in the capital fell by 5.6 per cent.
Keith Lowe, managing director, DNG said it was too early to call the absolute bottom of the market for all property types in all areas of Dublin.
But he said the results “add further weight to the argument that the market in 2012 has proved flat in terms of price movement at the very worst and in some cases prices have moved away from their low point, at least for the time being.”
The west of city fared better at 5.1 per cent while the northside recorded a more modest 1.2 per cent increase.
Houses in the €250,000 to €500,000 range performed best with a year to date increase of 0.8 per cent. In the last quarter houses in the upper end of over €500,000 increased most in price with a 3.8 per cent rise.
So far in 2012 prices have remained broadly stable.
Since the peak of the market six years ago, residential property has still lost some 65% of its average value.