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MARKET SNAPSHOT OF NORTHWEST AG PROPERTY LAND VALUES

MARKET SNAPSHOT OF NORTHWEST AG PROPERTY LAND VALUES

Northwest Farm Credit Services releases a Market Snapshot of land values quarterly. Their latest issue details market trends through 2016. The decrease in number of sales in 2013 - 2015 reflects constraints in supply rather than weak demand.

Across the region, demand remains strong for working ranches and good-quality agricultural properties due to a strong demand for grass and a limited inventory of good-quality properties. As is typical in the market, properties with premier recreational features or locales with limited private ownership are in highest demand.