As 2025 came to a close, the Tucson land market continued its gradual cooldown. December brought declines in closings and median sold price, reflecting more cautious buyer behavior. However, a 50% increase in new contracts signals that interest hasn’t disappeared, it’s simply more measured. With inventory still elevated and prices adjusting, buyers are stepping back into the market more strategically.
Market Highlights
- Active Inventory: 687 listings, down 6% from December 2024.
- Closings: 37 properties sold, a 12% decrease year-over-year.
- Year-to-Date Closings: 555, reflecting a 16% drop from this time last year.
- Months of Inventory: 18.6, up from 17.4 one year ago.
- Median Sold Price: $92,986, down 32% from December 2024.
- New Contracts: 63, representing a 50% increase from December 2024.
What It Means
The December numbers illustrate a market that continues to favor buyers, but not without signs of movement. A drop in median sold price suggests that more sales are happening in the lower price bands, and buyers are prioritizing value over speculation. Still, the notable increase in new contracts implies that well-priced, build-ready lots with location perks are drawing attention as buyers plan for 2026.
For sellers, pricing remains key. With nearly 19 months of inventory on the market, standing out means offering strong value and being ready to negotiate. For buyers, the current conditions offer leverage. However, with new contracts rising, that window may narrow as we move into the spring building season.
Download the Full Report
For a closer look at lot size trends, inventory shifts, and price band performance, download the complete December 2025 Tucson Land Market Report.
