WOW! What a month for Iowa auction sales.  Iowa saw over 300 tracts go to auction, offering greater than 30,000 acres!  That’s nearly twice as many auctions as we saw in October.  The average dollar per gross acre was $11,791, with an average dollar per tillable acre of $13,528 and a dollar per CSR2 of $168.  That’s nearly $12/CSR2 more than the Q3 average of $156/CSR2.

Peoples Company stayed busy in November, with 13 auctions in Iowa and three out of state, selling more than 8,100 acres across the country.

Peoples Company Auctions:
Listing #15744 - 315.19 Acres M/L in Kossuth County, Iowa
Listing #15740 - 481.51 Acres M/L in Greene & Guthrie County, Iowa
Listing #15741 - 80 Acres M/L in Greene County, Iowa
Listing #15830 - 296.18 Acres M/L in Clinton County, Iowa
Listing #15792 - 80 Acres M/L in Clinton County, Iowa
Listing #15723 - 200 Acres M/L in Fremont County, Iowa
Listing #15791 - 903.93 Acres M/L in Dallas County, Iowa
Listing #15797 - 242.30 Acres M/L in Washington County, Iowa
Listing #15809 - 239 Acres M/L in Chickasaw County, Iowa
Listing #15773 - 476.90 Acres M/L in Monona County, Iowa
Listing #15722 - 70 Acres M/L in Marion County, Iowa
Listing #15804 - 277.11 Acres M/L in Wayne County, Iowa
Listing #15859 - 40 Acres M/L in Clinton County, Iowa
Listing #15787 - 3,186.66 Acres M/L in Kit Carson County, Colorado
Listing #15737 - 170 Acres M/L in Jackson County, Wisconsin
Listing #15758 - 138 Acres M/L in Lafayette County, Wisconsin
Listing #15813 - 975.15 Acres M/L in Finney County, Kansas

Click here to view the Iowa Land Values Update for Quarter 3.

While we expect things to slow down going forward, December is another busy month.  Keep an eye our for our weekly auction results on social media to keep up with Iowa land values.

Below are results for land auctions that occurred in November 2021. These are all agricultural real estate auctions containing greater than 35 acres. Dollar per CSR2 was calculated only for those tracts containing greater than 85% tillable with minimal improvement contribution. Data is presented on a monthly and quarterly basis, and can be found on our website: https://peoplescompany.com/

*This list includes auctions from multiple auction firms throughout the state of Iowa and are not all affiliated with Peoples Company. Peoples Company sales are marked with a blue diamond. The list also includes Peoples Company auctions from states outside of Iowa which are marked with a red circle.

Peoples Company is a leading provider of appraisal services for Agricultural Real Estate across the nation. Our appraisal team has the skill, experience, and resources to generate the most accurate valuations.  Our proprietary database guarantees a level of financial integrity that your land deserves.  Unlike most of our national competitors, Peoples Company’s appraisers are 100% dedicated to Agricultural Real Estate. Our agricultural experts regularly provide appraisal services to many of the largest lenders, private landowners, and institutional investors across the United States.

Peoples Company appraisers are involved in the Appraisal Institute and the American Society of Farm Managers and Rural Appraisers (ASFMRA) and adhere to the highest standards of the appraisal industry. Many of our appraisers have achieved the MAI and ARA designations.

Peoples Company is licensed to appraise land in Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Carolina, North Dakota, Ohio, South Dakota, Tennessee, Texas, Washington, and Wisconsin.

Please contact Peoples Company at Appraisal@PeoplesCompany.com or 855.800.LAND(8263) to inquire about appraisal services offered.  You can also visit https://peoplescompany.com/ to view our full range of professional services.