March 2019 - Central Va Farms

Nelson Farms – Real Estate Market Update – Dec. 2018

Central VA Farm Real Estate Market, Farm Markets, Farm Statistics, Nelson County

Nelson Farms - Real Estate Market Update - Dec. 2018

Latest Market Information for Farms in Nelson County, Virginia

(This real estate market report includes information through 12/31/2018 for Nelson County, Virginia.)

Nelson County, VA farm listings are dispersed evenly in size, ranging from small farms under 50 acres, mid-size farms between 50 and 100 acres, and large farms over 100 acres. Small and large farms do have a few more active and sold listings than mid-size farms.

At year end, there were seven total active small farm listings with a total of seven sales in the past twelve months. There were eight active listings for large farms with four sales in the past year. Mid-size farms saw the least amount of market activity with just 3 listings and two sales in the last twelve months.

Small farms in Nelson County are mostly selling for under $1 million in price, with a few priced under $2 million. Large-sized farms are running the spectrum of sold prices from under $500K to over $2 million.

Knowing the current conditions of the local real estate market is the first step when preparing to buy or sell a farm. If you have questions about how the market conditions can impact your upcoming farm purchase or sale in Nelson County or any part of Central Virginia, I would love to answer them for you and help guide you through the process. Contact me, Gayle Harvey, at Gayle@GayleHarveyRealEstate.com or 434-220-0256.

If you’re looking for information on farms in other parts of Central Virginia, you can find that here:

Central Virginia Farms – Dec. 2018

Albemarle County Farms – Dec. 2018

Madison County Farms – Dec. 2018

Orange County Farms – Dec. 2018

Buckingham County Farms – Dec. 2018

Fluvanna County Farms – Dec. 2018

Greene County Farms – Dec. 2018

Louisa County Farms – Dec. 2018

Louisa Farms – Real Estate Market Update – Dec. 2018

Central VA Farm Real Estate Market, Farm Markets, Farm Statistics, Louisa County

Louisa Farms - Real Estate Market Update - Dec. 2018

Latest Market Information for Farms in Louisa County, Virginia

(This real estate market report includes information through 12/31/2018 for Louisa County, Virginia.)

The majority of farms listed and sold in Louisa County are small farms, between 21-50 acres. At year end, there were four active listings, two pending sales, and six sales in the past twelve months for small farms. Most of the farms of this size are listed and sold at under $500,000, with a handful reaching into the $500K to $1 million price range.

There are just a few mid-size farms, 50-100 acres, to be found in Louisa County. In the past year, there have been three sales, all for under $500,000 in price. At year end there were no active listings or pending sales for mid-size farms.

Large farms in Louisa County, over 100 acres, vary in price from $500K to over $2 million. Right now, there is only one active listing for a large farm in Louisa County, with no pending sales and four total sales in the past year.

It’s a good idea to keep an eye on the real estate market when you are planning to buy or sell a farm. If you’re wondering which key factors to pay attention to and how that impacts your decision making, I would love to talk with you and help answer any questions. Contact me, Gayle Harvey, at Gayle@GayleHarveyRealEstate.com or 434-220-0256.