land prices

  • Land prices in Connacht were well below the national average last year, according  to the latest figures published in today's Farming Independent.

    The average price of land sold in 2018 was €11,745 per acre, but in the Connacht/ Ulster region, average land prices were just €7,621 - down 14% on the previous year.

    South Leinster recorded the highest land prices at over €12,700 per acre, while Munster land values increased by 25% last year to €11,417 per acre.

    The trend was driven by a series of strong sales in Cork and Tipperary.

     

     

  • Land prices in Mayo are now the lowest in the country.

    That's according to the Irish Farmers Journal Annual Land Price Report, which shows the average price for land in Mayo in 2019 was €4,809 per acre - down 14% on the previous year.

    The average price of agricultural land in Ireland last year was €8,971 per acre.

    The report shows there were just four sales with a transaction value of over €300,000 recorded in Mayo last year, while there was also a drop of about 30 farms offered to the market.

    Nationally, the report shows that land prices held steady, despite the challenges of Brexit and the beef protests.

     

  • The average price of agricultural land in Mayo is at a five year low according to the Irish Farmers Journal.

    In 2018 prices fell by 6.6% in County Mayo, which makes it the second cheapest land market in Ireland, behind Leitrim and just ahead of Roscommon and Clare.

    This is the lowest price land has been in Mayo since 2013.

    Supply was well down in Mayo last year, to the tune of 53.6%. In total 3,454 acres was offered in Mayo, down from 5,176 acres in 2017.