The Tucson land market continued to show signs of seasonal slowdown in July, with declines in both closings and new contracts. However, inventory levels remain solid, and motivated buyers are still watching closely, especially in price bands below $150,000.
Market Highlights
- Active Inventory: 673 listings, down 4% from July 2024.
- Closings: 46 properties sold, a 10% decrease year-over-year.
- Year-to-Date Closings: 351, reflecting an 18% drop from this time last year.
- Median Sold Price: $121,262, down 21% from July 2024.
- Months of Inventory: 14.6, up from 13.8 one year ago.
- New Contracts: 42, representing a 19% decrease from July 2024.
What It Means
Despite the dip in activity, land that is build-ready, properly priced, and offers location perks like views or infrastructure continues to attract attention. Buyers remain selective, but the market is still moving, just more cautiously. Sellers with well-positioned parcels under $150,000 may still find traction in today’s environment.
Download the Full Report
To explore deeper insights by lot size, price segment, and inventory trends, download the complete July 2025 Tucson Land Market Report.