Transfers of agricultural properties, 2008

The annual number of transfers of agricultural properties in this decade has been stable. Approximately 5 per cent of a total of 187 800 agricultural properties have been transferred annually.

In 2008, a total of 8 450 transfers of agricultural properties were registered. 2 570 of the properties were sold on the free market, 5 per cent fewer than in 2007.

Average purchase price highest in Vestfold

As in 2007, average purchase price for agricultural properties sold on the free market was highest in Vestfold. For properties with building and with agriculture as purpose of use, the average purchase price per transfer was NOK 3.7 million. For the country as whole, the average purchase price for this type of properties was NOK 1.6 million.

A total of 17 per cent, or slightly more than 300 of the transferred properties had industrial activity in agriculture. For the properties sold on the free market, 12 per cent had such activity..

The purpose of use not only agriculture

The purpose of use for the transferred properties is reported on the deed of conveyance. For the transferred agricultural properties sold on the free market in 2008, 65 per cent had agriculture as the purpose of use, 20 per cent dwelling, 9 per cent holiday and 6 per cent other purposes.

Tables:

• Table 1 Registered transfer of agriculture properties, by county, size of owned agriculture area and size of productive forest area. 2008
• Table 2 Agricultural properties sold on the free market, by purchase price. 2008
• Table 3 Registered transfers of agricultural properties, by county, type of transfer and type and sex of buyer. 2008