Friday, July 22, 2011

Average U.S. Farm Real Estate value, nominal and real (inflation adjusted) 1970-2010


Between 1994 and 2004, real values increased between 2 and 4 percent annually, and in 2005 and 2006 experienced sharp annual increases of 16 percent and 11 percent respectively, before slowing to 7 percent and 6 percent annual growth in 2007 and 2008.

source: usda

2 comments:

  1. A recent sale of high quality farmland in central Iowa:

    Auction Results
    Story County, IA
    July 28, 2011
    • Parcel 1 - 70.2 acres sold for $596,700 ($8,500/A)
    • Parcel 2 - 100 acres sold for $605,000 ($6,050/A)

    Parcel 1 was all tillable, CSR 84, $101/CSR point.
    Parcel 2 had only 77 acres tillable, CSR 82 on the tillable acres, $100/csr point tillable.

    Source:
    http://www.hfmgt.com/divisions/realestate/auctions.php#results

    ReplyDelete
  2. DB
    Thanks for contributing this note and for dropping by!

    ReplyDelete