Farmland sales increased to more than €177m in 2014.
That is according to a survey by Ganly Walters on national agricultural land and farm prices.
It found that more than 16,800 acres changed hands last year, while the average price for farmland was just over €10,500 per acre.
That is an increase of just 0.01% on the 2013 figure, but is 20% above the prices recorded during the worst year of the recession in 2010.
However it is 38.4% below the peak price of €17,081 per acre recorded in 2008.
Dublin/Kildare/Wicklow remains the most expensive area for farm land, with an average price of €14,064 per acre.
Robert Ganley explains the reason for the rise in land sales last year: