December 15, 2011

These details are drawn from the Real Estate Institute monthly reports for November 2011, and focus only on farm sales - excluding lifestyle blocks.

The market recorded 123 sales, which is a about 8% less for an average November over the past four years, but almost double the same month a year ago.

The median price per hectare was up a bit at $20,445 in November 2011, up +38% on a month ago. Higher average prices were seen across most types of farms compared with those same categories in October, although there was an especially sharp rise in prices/ha for dairy units.

November sales included: 
    7 arable farms, at an average per hectare of $19,231 (October was $19,634)
  18 dairy farms, at an average per hectare of $36,766 ($29,668)
  15 finishing units, at an average per hectare of $20,445 ($18,847)
  70 grazing properties, at an average per hectare of $16,591 ($16,013)
    8 horticultural, at an average per hectare of $106,471 ($84,960)
    5 farms of other types

The number of sales is presented here, without the average price, because average prices bounce around dramatically depending on the size and type of business unit being sold.

for more perspectives, see

- Exchange rates
- Commodity prices
- Farm cost indexes
- Interest rate trends
- Rural credit aggregates
- Farm sales activity
- International dairy prices

for saleyard and processor price trend graphs, see

- lamb
- beef
- deer
- velvet