1 / 28

Dr. Michael Duffy, Iowa State University Extension Economist

2013. Iowa Land Value Survey. Dr. Michael Duffy, Iowa State University Extension Economist. Statewide Average. $8,716. up 5.1% up $420. High Grade Land. $10,828. up 6.3% up $646. Medium Grade Land. $ 8,047. up 3.5% up $ 274. Low Grade Land. $ 5,298. up 3.5% up $ 179.

biana
Télécharger la présentation

Dr. Michael Duffy, Iowa State University Extension Economist

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 2013 Iowa Land Value Survey Dr. Michael Duffy, Iowa State University Extension Economist

  2. Statewide Average $8,716 up 5.1% up $420

  3. High Grade Land $10,828 up 6.3% up $646

  4. Medium Grade Land $8,047 up 3.5% up $274

  5. Low Grade Land $5,298 up 3.5% up $179

  6. Northwest $10,960 high $12,824 med $9,918 low $6,845 up 2.8% up $83 down 3.9% down $445

  7. North Central $9,818 high $11,159 med $8,824 low $6,421 up 2.7% up $258

  8. Northeast $9,161 high $11,423 med $8,573 low $5,670 up 7.5% up $638

  9. West Central $9,449 high $11,591 med $8,725 low $5,926 up 2.5% up $233

  10. Central $9,877 high $11,803 med $8,930 low $5,918 up 5.5% up $512

  11. East Central $9,327 high $11,631 med $8,567 low $5,449 up 10.8% up $906

  12. Southwest $7,531 high $9,591 med $7,137 low $4,592 up 7.4% up $517

  13. South Central $4,791 high $7,150 med $4,715 low $2,843 up 11.2% up $483

  14. Southeast $6,994 high $9,785 med $6,605 low $3,651 up 13.3% up $822

  15. AVERAGE VALUES all grades 1950−2013

  16. PERCENTAGE CHANGE from previous year, 1951−2013

  17. AVERAGE VALUES adjusted for inflation

  18. PERCENTAGE CHANGE adjusted for inflation

  19. 2013 AVERAGE VALUES

  20. PERCENTAGE CHANGE

  21. POSITIVE FACTORS affecting land values

  22. NEGATIVE FACTORS affecting land values

  23. WHO PURCHASED farmland

  24. WHO PURCHASED farmland

  25. SALES ACTIVITY relative to previous year

  26. CHANGE IN sales activity from previous year More – 9% Less – 59% Same – 33% More – 16% Less – 53% Same – 31% More – 20% Less – 43% Same – 37% More – 20% Less – 45% Same – 35% More – 18% Less – 40% Same – 41% More – 15% Less – 47% Same – 38% More – 16% Less – 48% Same – 36% More – 19% Less – 29% Same – 52% More – 8% Less – 71% Same – 20%

  27. SUMMARY • 5.1% increase is 9th out of last 10 years • Except for 2009 first single digit increase since 2003 • Rate of increase slowed throughout the year mimicking drop in crop prices • NW Iowa showed actual declines in value • Gross farm income will be the factor to watch for future directions

  28. For more information, visit www.extension.iastate.edu/topic/landvalue

More Related