Wow Just Wow....... Land Prices

[Trapshooter1]

All tillable tracts here have come down some. Last land sale in the area 147 acres brought 9600/acre. 74 CSR2 BUT it had 43 acres of BLOW sand not so good of ground. If ya broke the 2 short 80s apart. The Poor 80 being valued at 5k, and valuing the other 80 probably worth 13ish.

A very good 100 acres just south about 15 miles brought 17,700/acre on a private auction. Would have brought 20k, if sold 1-1.5 years sooner.

Haven't really heard of any Rec land selling, so not sure on that market. I know to the east a county or 2, their still asking a lot for Rec land and it seems to be moving, but at a slower pace.

 

[IowaBowHunter1983]

Tillable has come down pulling down overall average. I've seen little to no decrease in rec farms and as of late maybe an increase.

 

[JNRBRONC]

I found a website the other day when I googled "acreages for sale in western Colorado". The site had all states listed, just pan around and click on the listing. From what I saw, the website looked to be dedicated for high end listings, most starting at a $1,000,000. Only one listing caught my eye. Even South Dakota was $$$. Guess a guy needs to contact local smaller realtors when shopping out of state.

 

[CottonwoodCanyon]

Tillable has come down pulling down overall average. I've seen little to no decrease in rec farms and as of late maybe an increase.

That's what I've been seeing too. I haven't seen many "deals" on rec or combo farms and I highly doubt there will be. The demand hasn't decreased at all and, if anything, has increased since the election.