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Individuals, investors, and industry drive small land sales in Texas in 2013

Texas REALTORS® releases 2014 德克萨斯州小土地销售报告

2014年6月2日-奥斯汀

From vacation homes and ranchettes to investment properties and industrial interests, small land sales throughout Texas saw significant activity last year, 根据 2014 德克萨斯州小土地销售报告 released today by the Texas REALTORS®. 的 report summarizes data provided by the Real Estate Center at Texas A&米大学 on trends in small land sales across the state and revealed that the economic strength driving other aspects of Texas real estate is also reflected in small land sales.

根据报告, 2013特色4,189 small land sales in Texas of a median tract size of 20 acres. As the first year of the report, year-over-year comparison data is not yet available. 然而, in comparing these figures to long-term trends, it’s clear that individual buyers, investors and industry are driving an increase in sales for these types of properties.

丹哈特菲尔德, chairman of the Texas REALTORS®, commented: “的 same things driving demand for residential real estate—jobs and affordability—are driving small land sales in Texas. Texans are looking for vacation properties, industries are looking to support their operations and investors are looking for new development opportunities. Over the last decade, that has driven almost double the number of land purchases.”

根据报告, individuals are showing more interest in small land sales for recreational uses, such as ranchettes for weekend getaways and land for hunting. Industries are purchasing tracts known for timber production as well as farmland with an abundance of silage. Small land sales were also driven by investors, who are seeking irrigated land for cash crops that are beginning to stabilize in price and in the fringe counties of major cities for community development.

Charles Gilliland, economist with the Real Estate Center at Texas A&米大学, spearheaded collection of the data and commented on the importance of looking at small land sales specifically, “We’ve long suspected that trends in land sales may differ between small and large tracts and the findings in this report confirm that. Few buyers possess the resources required to purchase large tracts while many more have the capital needed to buy smaller properties. This higher demand often results in small properties exchanging for a higher price per acre than larger neighboring tracts of comparable quality.”

的 report divides the state into seven regions and reports on trends in each. Due to the significant physical variations among these regions, the definitions of “small” and “large” have been determined on a per-region basis. 一般来说, 然而, a sale is considered a small land sale if the purchase is less than 200 acres. 区域2除外, 覆盖远西德州, 其中500到8,000 acres qualifies as a small land sale.

各地区之间, Region 7(Central Texas) had the most land sales in 2013, 1,售出小块土地392块, comprising 33% of the total volume in Texas. 除了, Region 5 (Houston and surrounding areas) had the highest average price per acre in Texas at $9,195, while Region 1 (Panhandle) had the highest median tract size, 81英亩. 

About the 德克萨斯州小土地销售报告

的 德克萨斯州小土地销售报告 covers trends in land sales across seven regions of Texas through a combination of small land sales data provided by the Real Estate Center at Texas A&米大学 and insights from Texas REALTORS® with expertise in land sales in those regions. Texas REALTORS® distributes insights about the Texas housing market each month, including quarterly market statistics, trends among homebuyers and sellers, 豪宅销售, 国际趋势, 和更多的.