This chart shows the history of the ranch sales and the average price per acre in the Fredericksburg TX Real Estate market and includes all raw land sales in Gillespie County.
Fredericksburg TX Real Estate Market Report Average land price
Average price per acre and land values in Fredericksburg Texas
The 1st quarter of 2019 we have sold 1960.03 acres. That is a little less than in 2018 but the average price per acre saw a big jump ( see Chart above ) . The average price per acre ended 2018 at $9,594.97 and for the 1st quarter of this year the average price is at $12,098.08.
So that’s a huge 20% jump but again don’t think this paints a complete picture, we have mainly had small acreage sales so far this year and small tracts sell for a lot more per acre than large tracts , so I will wait and see where things are at the end of June before I make any judgments on where land prices will end this year but as of now it appears to be on the increase.
2018 Fredericksburg and Gillespie County acreage and ranch prices :
1 to 5 acre tracts – average price was $43,327.14 per acre.
6 to 10 acre tracts – average price was $33,188.15 per acre.
11 to 25 acre tracts – average price was $20,495.88 per acre.
26 to 50 acre tracts – average price was $10,729.24 per acre.
51 to 100 acre tracts – average price was $7,2,47.63 per acre.
101 to 250 acre tracts – Average price was $7,,230.52 per acre.
250 plus acre tracts – Average price was $6,678.41 per acre.
If you would like a complete breakdown of acreage and ranch sales for Fredericksburg please send me an email, I would be happy to share!
Fredericksburg Texas Average land and Ranch prices per acre
When you look at the chart above is easy to think you have a complete picture of the land and ranch market in Gillespie County. But just looking at the average price per acre of everything that has sold can be misleading. All land is not created equal. One must take into account where the majority of the land was sold in a certain year. West of Fredericksburg is certainly less expensive than East town. And if a ranch includes views and live water such as a river or creek it certainly brings more per acre than a flat field with no trees. So even though a lot can be gleaned from the chart above, a complete picture can not be had without looking at each property that sold individually.
Based on information from the Central Hill Country Board of REALTORS® MLS
for the period 2006 through dates indicated on charts.
If you would like a complete breakdown of the price per acre over the past 10 years feel free to email me.
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