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)

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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.
  • 16.3,16.44,16.63,17.43,17.19,16.44,16.2,16.2,15.38,15.33,15.78,15.6

Information is deemed to be reliable, but is not guaranteed. © 2024

Land Inventory:

(12 Month History)
  • 1938,1943,1968,2026,2026,1985,2002,1985,1887,1879,1916,1875
  • 180,313,274,337,281,264,276,266,254,259,228,200
  • 95,104,97,143,161,173,136,120,121,104,96,115

Information is deemed to be reliable, but is not guaranteed. © 2024

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.
  • 192.3,151.6,174.1,191.7,129.3,151.2,186.7,152.3,154.8,131.2,147.7,173.1

Information is deemed to be reliable, but is not guaranteed. © 2024

Volume:

(12 Month History)
  • 409105028,407365872,414239336,429662797,435165702,445348561,439859979,424340543,426080390,435558866,432839776,433537429
  • 34478600,36483009,51060903,62992496,31739297,49716998,45882988,38350908,43153882,57706850,43588359,38166232
  • 13333194,13567792,8602482,11585929,16704855,16940661,15586296,12111079,12410694,7496395,10119761,12089796

Information is deemed to be reliable, but is not guaranteed. © 2024

Comparison of Land Sold – List Price to Sold Price:

(12 Month History)
  • 140349.41,130459.54,88685.38,81020.48,103756.86,97922.90,114605.12,100925.66,102567.72,72080.72,105414.18,105128.66
  • 138308.42,121435.73,80023.19,79297.40,120826.09,90492.71,100891.79,92580.25,96411.98,70034.65,94227.20,91872.17

Information is deemed to be reliable, but is not guaranteed. © 2024

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.
  • 95.7,91.6,92.2,91.3,91.6,92.7,92.7,91.7,93.0,93.9,90.8,90.8

Information is deemed to be reliable, but is not guaranteed. © 2024