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Purchase price up 46 per cent over 5 years
statistikk
2016-09-16T10:00:00.000Z
Agriculture, forestry, hunting and fishing;Construction, housing and property
en
laeiti, Transfers of agricultural properties, purpose of use (for example agriculture, residential, leisure), registered transfers, purchase prise, change of ownership, type of transfer (for example compulsory sale, gift, free sale), farmland, forest areaProperty, Agricultural properties , Agriculture, forestry, hunting and fishing, Construction, housing and property
false
The development over time of registered transfers of agricultural properties, type of transfers, purchase price and new owners.

Transfers of agricultural properties, 2015

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Purchase price up 46 per cent over 5 years

A total of 9 000 agricultural properties were transferred to new owners in 2015. One third of the properties were sold on the free market. The average purchase price for properties sold on the free market in the period 2010-2015 increased from NOK 1 463 000 to NOK 2 137 000.

Registered transfers of agricultural propertiesPublished 16 September 2016
Total numberSharePer cent
2014 - 20152010 - 2015
2015
Total8 984100-3.65.6
Type of transfer
Free market sale2 79231-1.27.0
Donation2 114249.112.3
Licensed and inheritance of decedent estate2 97233-9.12.1
Compulsory sale731-3.910.6
Other1 03311-14.2-0.6
Propertys with transfers
Dwelling1 88721-9.119.4
Holiday90810-6.229.9
Agriculture5 64463-0.6-2.3
Other5456-8.220.3

Source: Statistics Norway

During the period 2000-2015, approximately 5 per cent of all agricultural properties were transferred annually. In 2015, 9 000 transfers of agricultural properties were registered; a decrease of 300 from the previous year. One in three properties were transferred as licensed decedent estates or inheritance of decedent estates, almost one in three properties were sold on the free market and 2 100 properties were transferred as donations. Most of the donations were transfers within the family. The seller and buyer were related to each other in 5 500 of the transfers.

Higher prices per transfer

The average purchase price for all transferred properties sold on the free market in 2015 was NOK 2 137 000; an increase of 46 per cent from 2010. The average purchase price per transfer for properties with buildings sold on the free market and agriculture as purpose of use was NOK 2 403 000. This is an increase of 10 per cent from the year before.

Age of new owners lowest in donation transfers

The average age of new owners of agricultural properties was almost 52 years in 2015. For transfers registered as a donation, which is normal for a family transfer, the average age of the new owner was 42 years. For properties transferred as licensed decedent estates or inheritance of decedent estates, the new owners were on average 65 years old.