Land Market Report: 2019 Summary of Rural Land Sales

By Jared Groce

Congratulations. We all survived another rotation around the sun. If you are like me, it seems like 2019 just got started, but here we are in 2020 already. Growing up in the ‘70s, I was sure I would be driving a flying car by now or that we would all be speaking Russian due to the Cold War, but here I am with my Dodge pickup and still a free, red-blooded American.

The land market in North Central Texas is finally beginning to balance out after a five-year run of having too little inventory available to buyers. The data in this report indicates a steady increase in price and an overall increase in the number of transactions over 2018.

To read more pick up a copy of the February 2020 NTFR issue. To subscribe call 940-872-5922.