I like to export comps so I can chart the per acre values for a particular acreage class (e.g. 5-10 acres) in a histogram in Excel and see how values are distributed in a county.
When I did this I came up a with average and median per acre values that were way different from the "market price/acre" value. Specifically, the market price/acre value was $7,619.58 whereas the average of the 1620 comps was $40,950.49. The median was $12,056.07 (obviously the average was skewed way up by a small number of super expensive properties so I would not rely on that value).
I am curious to know how you guys generate your market price/acre. Thanks much.