Andrew Zellmer, ALC
January 5, 2024
Iowa Land Values Update - 2023 Quarter 4
Peoples Company tracks agricultural auctions across the state of Iowa. From this data, we calculate the average dollar per CSR2 point ($/CSR2) for sales of tracts with greater than 85% tillable land. Additionally, these tracts are largely unimproved or include minimal improvement contribution.
January 4, 2024
Land Auction Results - December 2023
The appraisal team at Peoples Company was able to track 94 tracts or 9,929.61 acres sold at public auction in Iowa during December 2023. The average dollar per acre was $12,104, the average dollar per tillable acre was $14,085, and the average dollar per CSR2 was $180.
December 7, 2023
Choosing a Certified General Appraiser or a Realtor for Your Property Appraisal: Which One is Right for You?
When it comes to determining the value of your property, whether for buying, selling, refinancing, or other purposes, it's crucial to rely on the expertise of a qualified professional. Two common choices for property appraisal are certified appraisers and real estate agents or brokers. While both can provide valuable insights, there are key differences between the two.
December 4, 2023
Land Auction Results - November 2023
The appraisal team at Peoples Company was able to track 255 tracts or 23,230 acres sold at public auction in Iowa during November 2023. The average dollar per acre was $12,018, the average dollar per tillable acre was $14,124, and the average dollar per CSR2 was $181.
November 20, 2023
Weekly Auction Results: 11/12/23-11/18/23
As harvest across the Midwest is wrapping up, the seasonal auction sales are officially in full swing. In Iowa, our appraisal team was able to track over 7,800 acres sold in 89 tracts. The average dollar per acre was $13,043, average dollar per tillable acre was $14,423 with an average dollar per CSR2 point of $178. This is down 2% from the Q3 average. Illinois had a rally, too, with 1,830 acres selling in 24 tracts at an average dollar per acre of $15,281.
November 13, 2023
Louisiana Delta Waterfowl Hunting
Louisiana is renowned for its rich culture, extensive agricultural opportunities, and diverse wildlife. Bountiful and diverse wildlife populations offer unique recreational hunting opportunities, which is the exact reason that Louisiana is referred to as the “Sportsman’s Paradise.” This article centers on Louisiana duck hunting, but waterfowl hunting is a very popular pastime across the country, particularly in the other Delta states of Arkansas, Mississippi, and Tennessee.
November 13, 2023
Weekly Auction Results: 11/5/23-11/11/23
November is historically the busiest time of year for public auctions, and 2023 is no exception. The week of November 5, 61 tracts were auctioned in Iowa, 20 in Illinois, 15 in Minnesota, and 10 in Nebraska.
November 8, 2023
Land Auction Results - October 2023
The appraisal team at Peoples Company was able to track 57 tracts or 5,552 acres sold at public auction in Iowa during October 2023. The average dollar per acre was $12,456, the average dollar per tillable acre was $13,820, and the average dollar per CSR2 was $171.
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October 11, 2023
What Should You Expect From Your Real Estate Agent?
Every real estate agent learns at the start of their licensing process that they will be dealing with two types of people: clients and customers. The real estate “Code of Ethics” demands high standards of professional conduct that protect the interests of both clients and customers and guard the rights of consumers of real estate services.
October 5, 2023
Iowa Land Values Update - 2023 Quarter 3
Peoples Company tracks agricultural auctions across the state of Iowa. From this data, we calculate the average...
October 5, 2023
Land Auction Results - September 2023
The appraisal team at Peoples Company was able to track 85 tracts or 7,993 acres sell at public auction in Iowa...
October 2, 2023
Weekly Auction Results: 9/24/23-9/30/23
Iowa had 11 tracts that were offered at public auction the week of September 24, with nine selling during active...
September 25, 2023
Weekly Auction Results: 9/17/23-9/23/23
35 tracts with a total of 3,296-acres were offered at public auction in Iowa the week of September 17. The average...
September 18, 2023
Weekly Auction Results: 9/10/23-9/16/23
36 tracts with a total of 3,506-acres were offered at public auction in Iowa the week of September 10. The average...
September 11, 2023
Weekly Auction Results: 9/3/23-9/9/23
39 tracts with a total of 3,570-acres were offered at public auction in Iowa the week of September 3. The average...
September 5, 2023
Weekly Auction Results: 8/27/23-9/2/23
26 tracts with a total of 2,402-acres were offered at public auction in Iowa the week of August 27. The average...
September 5, 2023
Land Auction Results - August 2023
The appraisal team at Peoples Company was able to track 88 tracts or 8,625 acres sell at public auction in Iowa...
August 28, 2023
Weekly Auction Results: 8/20/23-8/26/23
14 tracts with a total of 1,533.22-acres were offered at public auction in Iowa the week of August 20. The average...
August 21, 2023
Weekly Auction Results: 8/13/23-8/19/23
Iowa saw 21 tracts with a total of 2,183 acres sell at public auction the week of August 13, 2023. The average...
August 14, 2023
Weekly Auction Results: 8/6/23-8/12/23
Iowa saw 22 tracts sell at public auction August 6-12, 2023, with 1,477 acres changing hands. The average...
