Central VA Farm Real Estate Market Archive

Orange Farms – Real Estate Market Update – Dec. 2018

Orange Farms - Real Estate Market Update - Dec. 2018

Latest Market Information for Farms in Orange County, Virginia

Orange Farms - Real Estate Market Update - Dec. 2018(This real estate market report includes information through 12/31/2018 for Orange County, Virginia.)

At year end, there were a total of 22 active listings for farms for sale in Orange County, with zero pending sales and just 8 sales in total for the past 12 months. Farms priced under $500K saw the majority of the sales activity for the year. Mid-size farms, between 50 and 100 acres, and small farms of 21 to 50 acres, priced under $500K, accounted for five of the eight sales for the year.

There are currently active listings for six large farms, over 100 acres, priced over $2 million, with only one sale in the past year for this size and price range. There are also six active listings for small farms priced between $500K and $1 million, again with only one sale for the past year for this price range and size.

The market right now suggests that most buyers are looking for the lower-priced farms in Orange County. This is the time for sellers of farms to make sure they are spot-on with their pricing, strategy and marketing efforts. As a local Central Virginia real estate broker who has lived and worked on a farm, and who has the real estate knowledgeable and expertise to guide you through a successful farm sale, I would consider it a privilege to work with you as a resource and guide during the sale of your Orange County farm.

It’s important to me to go the extra mile for my clients and always keep you up-to-date about your farm sale. If you have any questions about real estate, the market or available listings, please reach out to 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

Madison Farms – Real Estate Market Update – Dec. 2018

Madison Farms - Real Estate Market Update - Dec. 2018

Up-to-Date Market Information for Farms in Madison County, Virginia

Madison Farms - Real Estate Market Update Dec 2018

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

Madison county is seeing a healthy balance of active listings and sales for farms right now. With a current total of 11 sales in the past 12 months and 14 active listings for farms of all sizes.

The total number of active listings went down in the fourth quarter from 29 at the end of October, to just 14 at the end of December. Small farms, between 21 and 50 acres, have the most active listings, with seven total. There are 3 listings for mid-size farms of 50-100 acres, and 4 active listings for large farms over 100 acres.

If you’re planning to buy or sell a farm in Madison County or another area of Central Virginia, please reach out to me. I would love to talk more and answer your questions. 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

Albemarle Farms – Real Estate Market Update – Dec. 2018

Albemarle Farms - Real Estate Market Update - Dec. 2018

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

Albemarle Farms - Real Estate Market Update Dec 2018

Small Albemarle County farms, between 21-50 acres, had the highest number of sales over the past 12 months in Albemarle County, with the majority of these farms ranging in price between $500,000 and $1 million.

While small farms are the front-runner for sales, large farms (over 100 acres) are in the lead for active listings. At year end, there were a total of 27 active listings for farms of this size. The inventory of large farms in Albemarle County is abundant, creating a buyer’s choice situation. With only a total of eleven sales in 2018 for large farms, the market is proving to be very slow for large farms right now in Albemarle County.

If you’re wondering what this means for you as a seller, or how to best leverage the current market as a buyer, I would love to answer any questions you have. Contact me, Gayle Harvey, at Gayle@GayleHarveyRealEstate.com or 434-220-0256.

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

Central Virginia Farms – December 2018