As we head into the years final months, LandVests available inventory of properties and sales have outpaced 2023 through Q3. Our brokers are reporting bullish sentiments for buyers and sellers alike as we look ahead into 2025.
Stewart Young, a LandVest | Christie's International Real Estate Principal focusing on Cape Cod, the South Coast, and Boston's western suburbs, compiles the LandVest Index which tracks sales of high-end properties across New England and the Adirondacks.
2023 Year in Review
LandVest had another productive year in 2023, closing nearly $800 million in sales within ourInstitutional Land Group. We represented our clients across 19 states transacting almost 280,000 acres of land. The market was mixed across sectors with strong demand [...]
LandVest had another productive year in 2023, closing nearly $800 million in sales within our Institutional Land Group. We represented our clients across 19 states transacting almost 280,000 acres of land. The market was mixed in 2023 across sectors with strong demand for scaled institutional forestland portfolios, while the market for retail and mid-sized land properties softened.
Stewart Young, LandVest's Regional Director on Cape Cod and in Boston's western suburbs, compiles the LandVest Index which tracks sales of high-end properties across New England and the Adirondacks.
LandVests Timberland Marketing group, with over $1.4 billion in closed transactions, had a record year. The year witnessed growing demand for forestland investments across all US regions, continuing the trend observed over the past two years. This demand was coupled with a limited supply of available investment [...]
Stewart Young, LandVests Regional Director on Cape Cod and in Bostons western suburbs, compiles the LandVest Index. According to Young: In 2021, the COVID-driven desire for refuge and a work-at-home lifestyle, strong financial markets, wealthy millennials, and improving rural internet continued to drive the market
A year ago at this time, we were optimistic about the direction of the land markets. We predicted the continuance of a strong but slightly softening market for retail tracts and an increase in demand for institutional-grade forestland. 2021 did not [...]
Our 2020 LandVest Index reported an unprecedented explosion in sales of luxury properties across New England and the Adirondacks. The imperatives for refuge and a new sense of life and work balance continue to drive the market into the second quarter of 2021. With low inventory and high demand, buyers need brokers who have their fingers on [...]
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