Farm sales bottom and are on the turn in Dublin region

THIS time last year there were no farm sales recorded in the Dublin region by estate agent, Knight Frank – the big news item of that year’s report.

This year, its news line is that land prices have reached bottom and are on the turn, on the basis of its mid-year farm sales review.

The average price paid for Irish farmland in 2009 was €9,678 per acre, according to Knight Frank, but this year, the average is at €10,131 per acre, it says.