National Indicators by Year

In 2015, there was 51,544 acres of agricultural land sold in Ireland for a total value of €304.5 million at a median price¹ of €6,615.

The mean price¹ in 2015 was €5,907 per acre with an mean transaction size of 20.6 acres.

^{1 - The median price is the value directly in the middle when the transactions are sorted in order of price per acre. That is to say that half of the transactions are above the median price and half of the transactions are below it. The mean price is calculated by taking the total money spent on agricultural land in the year divided by the total area of land sold. The advantage of taking the median price over the mean price is that it is not skewed by extremely large or small values and therefore gives a better idea of the typical value.}