Published on Apr 27, 2017 by Peoples Company
(Pictured is listing #13857)
PRICE/ACRE UPDATE
The volume of land auctions over the past two weeks has been rather “light”. There were 13+ tracts of land sold at auction between April 8th and April 21st. During these auctions, there was a total of 1,151 +/- acres available for purchase and of those acres, 821 +/- were tillable acres. The Price/Acre ranges from $2,250/acre for a tillable and recreational tract in Northeast Iowa to $10,850/acre for a tillable tract in Northeast Iowa. The average $/tillable CSR2 point for these two weeks is $116/point.
A few of the highlights from last week:
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 March 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