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Residential, Ranch, Farm Sales Lead Lifestyle Real Estate Market in September

    
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Residential, Ranch, Farm Sales Lead Lifestyle1
Real Estate Market in September

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Country Residential Sales Dominate October

December 15, 2014 – (KANSAS CITY, Mo.) – Land sales continue to show strong growth and stability in 2014. United Country is reporting a large increase in land sales volume driven by a 77-percent rise in ranch sales during the month of September versus 2013. That said, the largest segment of United Country’s business, residential property (representing 65 percent of total sales), was an even bigger story in October with an increase of 57 percent versus the same time last year.

“These numbers reinforce the fact that lifestyle and country real estate remains – and continues to prove to be – both highly desired and a sound investment,” said Mike Duffy, president of United Country Real Estate. “Over the past several months, farms, ranches, recreational land and country homes have continued to show steady sales volume and price increases. This broad market strength across almost every segment of the non-urban real estate category is exciting. It demonstrates that  that Americans are moving to the country and investors want to put their money into tangible income-producing assets they can actually see and use. It also supports an improving economy, as spending on discretionary real estate like vacation properties, second home, prepper, recreational and conservation land continue to grow and maintain value.”

Farm sales volumes also continue its nearly 5-year record momentum, showing an 18-percent increase versus last year. Land sales overall were 8 percent higher than 2013.

“We all continue to pursue the American dream,” Duffy said. “Lifestyle property is a big part of this dream of owning truly amazing properties and enjoying the lifestyle afforded by non-urban real estate in the U.S. and resort areas of Panama, Costa Rica and Mexico, where United Country Real Estate operates over 500 offices. It’s been a good year for the category and we are forecasting continued strength in 2015.”

For more information about United Country Real Estate, call 800-999-1020 or visit their website 
at UnitedCountry.com.

About United Country

United Country Real Estate – a division of the United Real Estate Group – is the leading, fully integrated network of conventional and auction real estate professionals. The company has been an innovator in lifestyle and country real estate marketing since 1925. United Country supports nearly 600 offices and 5,000 real estate professionals across four continents, with a unique, comprehensive marketing program that includes the highest ranked and largest portfolios of specialty property marketing websites, the largest real estate marketing services company, an extensive buyer database of more than 500,000 opt-in buyers and exclusive global advertising of properties.

NATIONAL HEADQUARTERS
2820 NW Barry Road, Kansas City, MO 64154
816-420-6200  www.unitedcountry.com


Members of the media needing information on United Country or our marketplace, contact
Angela Smith, Public Relations & Social Media Manager
Phone: 816.620.6241 or Email: asmith@unitedcountry.com
 
  
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