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)
  • 69000.00,69000.00,70000.00,69900.00,73180.00,72000.00,69998.50,69000.00,71900.00,72000.00,75000.00,75000.00
  • 62500.00,81900.00,65000.00,52500.00,75000.00,49900.00,53500.00,64950.00,69900.00,79000.00,95500.00,75000.00
  • 60000.00,39900.00,40000.00,45000.00,49800.00,42000.00,49500.00,45000.00,39500.00,45950.00,45000.00,59000.00

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.
  • 31.2,30.03,30.2,30.39,29.82,28.27,27.87,26.77,25,24.04,22.13,20.98

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


Land Inventory:

(12 Month History)
  • 3102,3028,3050,3120,3079,2957,2922,2851,2773,2731,2652,2607
  • 200,357,335,288,175,236,231,236,251,238,294,242
  • 107,101,106,124,119,104,129,148,134,160,157,150

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.
  • 224.9,251.5,248.1,254.5,299.1,322.5,335.3,274.2,305.5,314.1,284.6,315.3

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


Volume:

(12 Month History)
  • 449884700,429919513,436173707,434567775,432426139,413652233,405263050,388850221,383968828,370648866,374177297,386257494
  • 22096275,51419552,36904903,37922257,22295051,30412387,22898327,27632265,36695342,30491080,68198837,32760179
  • 12778323,7006838,9734410,11169645,10168450,8588399,9617586,10589517,10991297,14099769,14016875,15093075

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


Comparison of Land Sold – List Price to Sold Price:

(12 Month History)
  • 119423.58,69374.63,91834.06,90077.78,85449.16,82580.76,74554.93,71550.79,82024.60,88123.56,89279.46,100620.50
  • 104692.31,62330.69,81837.88,77231.05,76682.77,71727.79,63690.99,63447.57,68717.20,78741.54,75478.56,91792.27

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.
  • 89.4,88.3,91.0,90.4,86.8,88.2,90.3,90.1,90.5,90.4,89.0,92.4

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