Auctions have been performing extremely well over the last month, with the majority of land sold under the hammer. In total, 63 holdings have been publicly auctioned since the middle of September. Of the results accounted for, over 60% of all auctions were sold under the hammer. A quarter of the farms withdrawn also sold after auction. When all is said and done, over 70% of farms brought to auction over the last month have sold, either under the hammer or privately afterwards.
While Tipperary has seen the two most substantial sales of the last month, with the massive €26,000/ac sale for 110 acres in Cahir and almost €21,000/ac for 75 acres in Thurlesbeg, there have been some impressive sales throughout the country.