Vacant Land MLS Statistical Charts

Note: The charts below represent the last 12-months of activity on vacant land listings. Click here for the residential charts or the multi-family charts. Click here for more elaborate Tucson MLS reports.

Land Prices:

(12 Month History)
  • 75000.00,79000.00,75000.00,75000.00,74900.00,68900.00,67245.00,67500.00,69900.00,69900.00,69900.00,69900.00
  • 63500.00,45862.50,74900.00,55000.00,33000.00,54900.00,67362.00,77750.00,73950.00,75000.00,63950.00,65000.00
  • 50000.00,36250.00,66900.00,49250.00,50000.00,64500.00,59900.00,41800.00,58000.00,71125.00,55000.00,54900.00

Information is deemed to be reliable, but is not guaranteed. © 2018


Land Absorption Rate:

(12 Month History)
This number represents the number of months it would take to deplete the current inventory with no new listings.  A higher number reflects more of a buyer’s market and a lower number a seller’s market.
  • 35.67,35.4,35.07,36.34,37.73,39.88,39.85,38.77,37.4,37.11,35.77,34.58

Information is deemed to be reliable, but is not guaranteed. © 2018


Land Inventory:

(12 Month History)
  • 2666,2661,2683,2798,2921,3117,3168,3102,3082,3111,3130,3115
  • 235,244,405,344,469,349,277,227,264,286,274,281
  • 68,88,58,84,107,104,105,101,85,112,96,99

Information is deemed to be reliable, but is not guaranteed. © 2018


Average Days on Market:

(12 Month History)
This number represents the average number of days between the original list date
and the “under contract” date among the listings sold in a given month.
  • 264.8,234.1,294.2,239.6,195.0,190.1,276.2,200.5,291.8,221.0,281.1,248.6

Information is deemed to be reliable, but is not guaranteed. © 2018


Volume:

(12 Month History)
  • 406227469,412685937,404466212,423345284,434445554,451066285,452351444,444599871,442600019,455581011,470473061,465446141
  • 40262022,21885721,62411940,41235489,40578355,40613206,34723567,29384646,43827544,49041144,29247051,31931131
  • 6709600,6791828,5509580,6420050,8929990,10048395,9418358,7439398,9413299,13044033,7097950,9902409

Information is deemed to be reliable, but is not guaranteed. © 2018


Comparison of Land Sold – List Price to Sold Price:

(12 Month History)
  • 98670.59,77179.86,94992.76,76429.17,83457.85,96619.18,89698.65,73657.41,110744.69,116464.58,73936.98,100024.33
  • 86150.74,70532.95,77892.24,70259.92,70990.28,84723.32,81023.36,67131.62,89912.69,102125.63,64660.89,94560.81

Information is deemed to be reliable, but is not guaranteed. © 2018


Sale to List Price Ratio:

(12 Month History)
This ratio represents the average percentage of the list price that land sellers accepted in a given month.
  • 87.3,86.7,88.6,87.3,90.0,88.6,89.6,90.2,87.8,89.8,87.6,90.2

Information is deemed to be reliable, but is not guaranteed. © 2018