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)
  • 70000.00,70000.00,69900.00,69850.00,69800.00,69000.00,69000.00,69000.00,71200.00,70000.00,75000.00,74900.00
  • 66000.00,87000.00,65500.00,73000.00,60000.00,60000.00,61250.00,81900.00,65000.00,55000.00,75000.00,49900.00
  • 59900.00,50000.00,56000.00,40000.00,55250.00,45000.00,60000.00,39900.00,40000.00,45000.00,49800.00,42000.00

Information is deemed to be reliable, but is not guaranteed. © 2020


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.
  • 32.21,31.76,31.51,31.3,31.92,32.17,31.64,30.25,30.22,30.27,29.61,27.58

Information is deemed to be reliable, but is not guaranteed. © 2020


Land Inventory:

(12 Month History)
  • 3178,3152,3154,3104,3131,3161,3143,3048,3052,3108,3057,2878
  • 229,260,238,234,315,258,200,357,335,288,175,232
  • 109,95,102,85,104,102,107,101,106,124,116,98

Information is deemed to be reliable, but is not guaranteed. © 2020


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.
  • 314.1,220.4,440.7,303.7,257.7,232.9,224.9,251.5,248.1,254.5,304.4,332.4

Information is deemed to be reliable, but is not guaranteed. © 2020


Volume:

(12 Month History)
  • 499443100,494843258,469045382,454902465,456105604,456061682,457096773,435448188,439778353,436777620,433625695,407794117
  • 35147651,34071216,35111361,23980842,40533772,26146366,21957775,52055445,37130978,38994956,22663062,30542479
  • 11342050,7985376,32736549,7261777,10629112,8666344,12778323,7006838,9734410,11169645,9869450,8262722

Information is deemed to be reliable, but is not guaranteed. © 2020


Comparison of Land Sold – List Price to Sold Price:

(12 Month History)
  • 104055.50,84056.59,320946.56,85432.67,102203.00,84964.16,119423.58,69374.63,91834.06,90077.78,85081.47,84313.49
  • 88690.78,72588.54,76958.26,75157.52,86967.36,70462.70,104692.31,62330.69,81837.88,77231.05,76165.95,73022.35

Information is deemed to be reliable, but is not guaranteed. © 2020


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.
  • 87.1,89.2,87.2,89.1,87.4,88.3,89.4,88.3,91.0,90.4,86.9,88.0

Information is deemed to be reliable, but is not guaranteed. © 2020