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Texas small land sales volume declines in 2019, while price per acre increases

AUSTIN– After six years of growth, Texas small land sales volume declined in 2019, while median price increased, according to the 2020 edition of the Texas Small Land Sales Report released today by Texas Realtors. The number of small land sales declined 2.8%, with 7,813 tracts sold across the state. The average price per acre grew 7.32% to $6,232 an acre. “This comparison of 2018 to 2019 would have been an invaluable trending tool just a few months ago, but given the potential market ...

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