Yesterday’s Alberta land sale brought in a total of $12.57 million. This brings the final Alberta land sale proceeds for 2015 to $294.98 million. For comparison, in 2014, Alberta earned $494.04 million which represents a decrease of 40.3% year over year. The chart below shows this sale at 10th highest overall for 2015 which puts it about the middle of the pack.
Overall, 47 companies successful completed bids on 111 separate land parcels. Total land area leased was 58,286 hectares with an average lease price of $215.72 per hectare. The largest amount spent on a single parcel was $2 million by an anonymous bidder for 6 sections in the Willesden Green area of west central Alberta.
The chart below provides a complete list of bidders.
The data for this post has been provided courtesy of CWD Inc.