A rise in the price of the average acre of farmland drove up the overall value of land traded in 2024. \ Claire Nash
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The Central Statistics Office (CSO) has reported that a total of 57,213ac of non-residential farmland was sold on the market last year and that the combined value of these transactions came to €555.9m.
The figures do not account for non-agricultural interests in the land market nor for the value associated with inheritance transfers.
The overall value of farmland sold represents a slight rise on the €554m the CSO had reported for agricultural land sales in 2023 when a higher 62,823ac was traded at a lower per acre value.
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The 2024 sales area accounts for just 0.5% of the country’s total agricultural land area.
Counties in the west accounted for 12,782ac of the land sold – the highest of any region in the CSO’s reporting – while the single county region of Dublin saw just 475ac transacted.
High volumes of land in the border region (9,223ac), the midwest (9,791ac) and the southwest (8,233ac) were also bought and sold, according to the CSO’s data.
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The Central Statistics Office (CSO) has reported that a total of 57,213ac of non-residential farmland was sold on the market last year and that the combined value of these transactions came to €555.9m.
The figures do not account for non-agricultural interests in the land market nor for the value associated with inheritance transfers.
The overall value of farmland sold represents a slight rise on the €554m the CSO had reported for agricultural land sales in 2023 when a higher 62,823ac was traded at a lower per acre value.
The 2024 sales area accounts for just 0.5% of the country’s total agricultural land area.
Counties in the west accounted for 12,782ac of the land sold – the highest of any region in the CSO’s reporting – while the single county region of Dublin saw just 475ac transacted.
High volumes of land in the border region (9,223ac), the midwest (9,791ac) and the southwest (8,233ac) were also bought and sold, according to the CSO’s data.
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