Published on Nov 16, 2016 by Peoples Company
There were 37+ tracts of land sold at auction between November 5th - 11th. During these auctions, there was a total of 3,050 +/- acres available for purchase and of those acres, 2,448 +/- were tillable acres. Overall, the sale results were “good” but there were four tracts that were “no sales”. On $/tillable CSR2 point, the price ranges from $87/tillable CSR2 point in central Iowa to $196/tillable CSR2 point in northwest Iowa.
A few of the highlights from last week:
The week of November 12th through November 18th is the busiest week of this year for land auctions. Per our records, there are 55+ tracts of land available for purchase this week with a heavy concentration in central and north-central Iowa.
Check back next week for continued conversation on the auctions we’re seeing from around the state and be sure to take a look at our October Auction Results. Please make sure and hit the “like” button on Facebook and follow us on Twitter @PeoplesCompany.
Thank You!
The Peoples Company Appraisal Team