Research published by SherryFitzgerald auctioneers shows a dip in agricultural land values for the first half of 2019.
The auctioneer noted that buyers were more concerned as Brexit approached, with a particular decrease in the southwest where prices dropped 1.6%.
This was followed by the border region and the midlands, where prices fell by 1.5% and 1% respectively.
Average land values excluding Dublin:Marginal land - €6,100/ac.Prime grassland - €10,400/ac.
“The decrease in land values and sentiment is expected, due to the uncertainty around Brexit.
"Once the UK know how they are moving forward, we would hope for a more stable market,” head of Sherry FitzGerald Country Homes, Farms and Estates Roseanne De Vere Hunt said.