Land Market Reports: July 2019 Rural Land Sales

Photo by Jon Nunneley

Courtesy Jared Groce

Our five county region showed a strong demand for rural properties for building a residence on during the month of July, and a very low number of ag and recreational land sales. The dog days of summer are typically slow for these categories, and this year was no different. As you can tell from the frames below, properties that are properly priced are selling in a short time frame, but the properties that are overpriced are just sitting for a long time, and then accepting a much lower offer in order to get it moved.

To read more pick up a copy of the September 2019 NTFR issue. To subscribe call 940-872-5922.