Jett Land and Realty LLC maintains a database of sales of parcels over fifty acres in size in twenty two counties in Central Virginia. These sales include arms-length transactions between individuals as well as trustee’s sales. Dinwiddie County has enjoyed increasing sales for the past four years running- nearly four times the volume compared to 2010.
The number of 2013 sales under the county assessed value is also provided for additional consideration. The sale prices of over forty eight per cent of the total sales in 2013 were less than the county’s assessed value: Specifically, eighty percent parcels sold in Dinwiddie County was sold under assessed value. This is extremely noteworthy as we continue to see the land market correcting itself.