Staff Reports The Huntsville Item Jul 6, 2021 14 hrs ago COLLEGE STATION â âA feverish demand for land, accompanied by a dearth of listings for sale, propelled Texas prices up a remarkable 16.29 percent in the second quarter,â says the land expert for the Texas Real Estate Research Center (TRERC) at Texas A&M University. âThe stateâs land markets today are among the most active periods in Texas history,â says Dr. Charles Gilliland, TRERC research economist whoâs been tracking land prices for 40 years. Preliminary numbers show Texas had an annualized 8,561 second quarter land sales, up nearly 43.8 percent over the same quarter last year. The statewide average price hit $3,433 per acre. Total dollar volume totaled a record $2.35 billion, 93 percent higher than second quarter 2020.