Review the latest real estate market information for land in Buckingham County, Virginia.
(This real estate market report includes information through 10/31/2018 for Buckingham County in Central Virginia.)
Small land parcels, between 21 and 50 acres, in Buckingham County are all priced under $500K. With eleven active listings and eight sales in the past 12 months, sellers of land parcels of this size can expect a slower time frame for sales.
There are very few land parcel listings in Buckingham County sized between 50 and 100 acres. There are only currently two active listings, one pending sale, and one sale in the past 12 months.
Buyers of large plots of land, over 100 acres, seem to be taking advantage of the lower priced listings under $500K with four sales in the past year and only two active listings. Sellers of large land parcels in Buckingham County could be looking at a very different scenario than sellers of smaller pieces of property.
With the current market trends, it can be invaluable for buyers and sellers of land to have access to a knowledgeable guide to point you in the right direction throughout the transaction. I would be happy to discuss this market report and help point you in the right direction when you’re buying and selling land in Buckingham County and other areas of Central Virginia.
Contact me, Gayle Harvey, at Gayle@GayleHarveyRealEstate.com or 434-220-0256.
Check back in each week as we break down the market information for active, pending and sold land listings by individual counties.
If you would like to see the market information for other areas of Central Virginia, you can see that here:
Central VA Land – Real Estate Market Update – Oct. 2018
Albemarle County Land – Real Estate Market Update – Oct. 2018
Madison County Land – Real Estate Market Update – Oct. 2018
Orange County Land – Real Estate Market Update – Oct. 2018