Farm sales and prices have gained ground in the latest statistics from the Real Estate Institute.
They show 349 farms were sold during the three months ending in October, 93 more than during the same period last year.
That's an increase of more than a third.
And so far this year, more than 1600 farms have been sold, the highest number in four and a half years.
And the median price has risen 23% on the same time last year, to more than $24,500 a hectare.
Grazing properties account for almost half of the farm sales in the three months.
Dairy farms make up about 10% of the sales.
