Press Statement

Preasráiteas

10 February 2022

Go to release: Agricultural Land Prices 2020

The Central Statistics Office (CSO) has today (10 February 2022) released Agricultural Land Prices 2020.

Commenting on the release, Anthony Dawson, Statistician, said: “Today’s publication shows that there was a noticeable decline in the volume of land sold in Ireland in 2020 with 29,031 acres of land sold at a median price of €6,992 per acre compared with 61,997 acres of land sold in 2019.

The most expensive region to purchase agricultural land was in the South-East (Wexford, Carlow, Kilkenny and Waterford) where 2,093 acres of agricultural land sold for a median price of €10,645 per acre. The West (Galway, Mayo and Roscommon) was the least expensive region to purchase land where 6,412 acres of land sold for a median price of €4,625.

The South-West (Cork, Kerry) was the region where the least volume of land was sold with only 605 acres of land sold in 2020.

Agricultural Land Prices for 2020 were compiled using an updated methodology which mean more transactions have been used in calculating the series, improving both the quality and coverage of the land price statistics. Previous year’s data have also been updated to reflect this methodological improvement.”

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