Andrew Zellmer, ALC

August 7, 2023

Weekly Auction Results: 7/30/23-8/5/23

Iowa saw 19 tracts sell at public auction 7/31-8/5, 2023, with 1,927 acres changing hands. The average dollar per...
August 2, 2023

Land Auction Results - July 2023

The appraisal team at Peoples Company was able to track 45 tracts or 4,948 acres sell at public auction in Iowa...
July 31, 2023

Weekly Auction Results: 7/16/23-7/29/23

This week’s snapshot includes the weeks of July 16-22 and 23-29. These two weeks had 2,842 acres offered for...
July 17, 2023

Weekly Auction Results: 7/9/23-7/15/23

The week of July 10 saw a reduced number of farms offered at public auction. In Iowa, only nine tracts were offered...
July 11, 2023

Weekly Auction Results: 7/2/23-7/8/23

Iowa Results Tracts Sold: 10 Average $/Acre: $13,988 Average $/Tillable: $14,627 Average $/CSR2: $176 % Change from...
July 6, 2023

Iowa Land Values Update - 2023 Quarter 2

Peoples Company tracks agricultural auctions across the state of Iowa. From this data, we calculate the...
July 6, 2023

Land Auction Results - June 2023

The appraisal team at Peoples Company was able to track 93 tracts or over 8,700 acres sell at public auction in...
June 26, 2023

Weekly Auction Results 6/18/23-6/24/23

June is closing out strong, with 19 tracts selling at public auction in Iowa, two in Illinois, 9 in Minnesota, 3 in...

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June 19, 2023

Property Valuation: Asking Price vs. Sale Price

The valuation of agricultural properties relies heavily on the analysis of comparable transactional data. Prior...
June 19, 2023

Weekly Auction Results 6/11/23-6/17/23

It was another active week in auctions, with Iowa selling 19 tracts that met our 35+ acre threshold, and additional...
June 12, 2023

Weekly Auction Results 6/4/23-6/10/23

June 4 – 10, 2023 The week of June 4, 2023, had more tracts sell than any other week yet this year.  41...
June 5, 2023

Weekly Auction Results 5/28/23-6/3/23

Iowa saw seven tracts sell last week at public auction, though only four met our criteria for calculating average...
June 1, 2023

Land Auction Results - May 2023

Though there were a few very slow weeks last month, May 2023 saw 39 tracts or 3,958 acres sell at public auction in...
May 30, 2023

Weekly Auction Results 5/21/23-5/27/23

Iowa saw an uptick in auction activity the week of May 21.  22 tracts sold, and we were able to calculate an...
May 22, 2023

Weekly Auction Results 5/14/23-5/20/23

The past few weeks have remained slow regarding auction activity in Iowa.  The week of May 14 was a bit more...
May 16, 2023

Weekly Auction Results: 5/7/23-5/13/23

It was another week of slow auction activity in Iowa auctions.  There were four total auctions that meet...
May 9, 2023

Weekly Auction Results: 4/30/23-5/6/23

It was another slow week in Iowa auctions.  We saw only two tracts sell, with a total of only 271.42...
May 1, 2023

Land Auction Results - April 2023

There were 27 tracts of land that sold at auction in Iowa during April 2023. During these auctions, there was a...
May 1, 2023

Weekly Auction Results: 4/23/23-4/29/23

Four tracts of land sold in Iowa April 23-29, 2023.  Peoples Company only tracks the average dollar per acre...
April 24, 2023

Weekly Auction Results: 4/16/23-4/22/23

The week of April 16 was a slow one in Iowa auctions.  There were only four tracts that sold, with 450-acres...