It was a strong month in Iowa auction sales with an average dollar per gross acre of $11,495. There were 80 tracts of agricultural land greater than 35 acres offered, and 71 of those sold to the highest bidder at the auction. The average dollar per CSR2 for those tracts offering greater than 85% tillable was $164, which is an increase compared to the Q1 average of $138. Iowa auctions saw a total revenue of $90,250,413 in June.
Peoples Company Auctions:
Listing #15469 - 184.78 Acres M/L in Warren County
Listing #15440 - 146.10 Acres M/L in Pottawattamie County
Listing #15541 - 116.93 Acres M/L in Clinton County
Listing #15473 - 111.89 Acres M/L in Boone County
Below are results for land auctions in Iowa that occurred in June 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.
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, Kansas, Michigan, Minnesota, Missouri, Montana, Nebraska, North Carolina, North Dakota, Ohio, South Dakota, Tennessee, Texas, Washington, Wisconsin, and Wyoming.
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.