Posted 6/13/2009 07:42 (#743437) Subject: Land prices
Glasgow, Ky
Went to a land auction recently. Couple of smaller tracts (3A and 14A) sold good (in my opinion). 50A tract (in a less desirable location, hay and pasture land) brought probably 2/3 of what it would have brought 2-3 years ago. There was definitely a lack of active bidders on the 50A tract.