(This real estate market report includes information through 12/31/2018 for the Central Virginia Counties of Albemarle, Buckingham, Fluvanna, Greene, Louisa, Madison, Nelson, and Orange.)
Small farms, 21-50 acres, are the most plentiful here in Central Virginia. Farms of this size account for the largest number of sales and active listings.
There are also a large number of active listings for farms over 100 acres. With year-to-date sales for this size of farm sitting at a mere nine total, this indicates a very slow and stagnant market right now for large sized farms.
Check back in each week as we break down the 4th quarter numbers by each individual county in Central Virginia.
In the meantime, if you have any questions about this market report and how it might impact your decisions when buying and selling a farm, please reach out to me. I would love to answer your questions and help you make the most informed decisions possible when buying or selling. Contact me, Gayle Harvey, at Gayle@GayleHarveyRealEstate.com or 434-220-0256.