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July 2026 Land Report

The Tucson land market in July 2026 continued to show mixed signals, with slower closings alongside strong gains in new contract activity and sold prices. While monthly closings declined compared to last year, new contracts rose 50% year-over-year and median sold prices increased significantly. Year-to-date closings also remain slightly ahead of 2025. With inventory levels still high, buyers continue to have plenty of options, but the increase in properties going under contract suggests that demand remains active heading into the second half of the year.

Market Highlights

Active Inventory: 666 listings, down 1% from July 2025.
Closings: 36 properties sold, a 27% decrease year-over-year.
Year-to-Date Closings: 357, reflecting a 1% rise from this time last year.
Months of Inventory: 18.5, up from 13.7 one year ago.
Median Sold Price: $192,722 up 54% from July 2025.
New Contracts: 63, representing a 50% increase from July 2025.

What It Means

July’s data reflects a market that continues to favor buyers overall, even as some indicators point to stronger demand. Months of inventory climbed to 18.5, providing buyers with a broad selection of available properties and greater flexibility. At the same time, the 50% increase in new contracts and 54% rise in median sold price suggest that buyers are actively pursuing properties that meet their needs, despite the slower pace of completed sales. The full market report also classifies the Tucson land market overall as a buyer’s market.

For sellers, pricing and positioning remain especially important in a market with significant inventory. Properties with desirable locations, clear buildability, utilities or other standout features may be better positioned to capture active buyer interest. For buyers, the current market provides plenty of choices and negotiating flexibility, but the rise in new contracts shows that appealing properties are still moving when they come to market.