Week 10, 2018 Iowa Farm Real Estate Report
Auctioneer, Land Broker, Founder
Jason is an Auctioneer and Land Broker in Iowa and the surrounding states. The DreamDirt team of auctioneers, land brokers, and realtors specialize in farmland sales primarily serving the heirs to family farms all across Iowa and some surrounding states. Today's report details the current land market in Iowa for land being sold at auctions.
Email: Jason@dreamdirt.com | Phone: (515) 537-6633
Iowa Farm Real Estate Report
Week 10 Iowa Farmland Auction Results: 80% Tillable Farms
Farmland Sales Summary
Every week in Iowa farmland auctions looks different and its easy to see this week was different from the last two weeks when quite a few high-quality tillable farms were offered for sale at auction. This week the average CSR2 of the tracts offered was 71.70, drastically different than the previous two weeks that averaged 83.29 and 84.37 and most comparable to week 5 when we saw an average of 71.40.
Average Farmland Prices In Iowa
The average price of farmland in Iowa was $7,444.30 this week while our running averages for 2018 is currently $7709.97 per acre. This weeks average on a per CSR2 point was $103.53 which is slightly ahead of the running average for 2018 of $99.91 per CSR2 point.
Farmland Sales Volume In Iowa
Sales volume was as low as we’ve seen in 2018 with 1025.15 total acres offered for sale with only 960.45 acres tillable. Our report is measuring 80% tillable farms only, other farms with less tillable farmland. So far this year 14,097 .64 acres have been offered at auction with 12,533.85 of them being tillable acres. This weeks sales volume accounts for 7.27% of the total farmland offered this year so far. This week a total of $7,625,052.50 was rounded up by Iowa auctioneers selling farmland.
Auction Price Results For Farmland By Iowa County
|County||Total Acres||Tillable Acres||Price Per Tillable||CSR2||$ per Tillable CSR2||Total Price||% Tillable|
Ensuring good results for your good quality Iowa farm real estate today really means that your exposure needs to be very thorough and across all channels of communication to ensure as much competition as possible for the farm. If you are thinking of selling a farm DreamDirt can help you find the top of the market on your farm. There are many considerations before selling a farm and we can help guide you through the process. You’ll find that our system is very simple for you and capable of reaching the right people very fast. We know you’ll have many questions but let us help you put your mind at ease. You can contact me directly Iowa Auctioneer Jason Smith, CAI 712-592-8965 or send me a request to help you value your farm and learn more about selling Iowa farm real estate. Get a Free Farmland Market Analysis
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Whether you’re ready to start the selling process, or even remotely curious, we will gladly provide you with a FREE Market Analysis! If you are in a position to sell land in the Midwest, we want to help you achieve the top of the market on your sale.
Farmland For Sale Adair County, IowaSellers: Gary Meyer, Judith Meyer, and Diane Darling Auctioneers: Jason Smith 515-537-6633 and Rachel Tiffany 515-954-8063 Location: Bridgewater, Iowa Land Auction Details in Adair CountyThis farm is located on Highway 92 and has...
Recent Land Sales in Iowa 1,411.56 acres of farmland sold last week with an average of $13,160.33/acre or $168.88/CSR2. This seems to be the trend for the past month. We write farmland price blogs every week and you can check out our July Farmland Price Report blog...
Iowa Farmland Prices July 23rd - 31st Before we discuss monthly results for farmland prices, we need to cover the last week of July's data and top-selling farms. From the table below, you will see that there are 13 auction results and a total of 1,904 acres of...