June brought continued signs of a cooling land market in Tucson, with transaction activity remaining slower than last year and modest declines across several key indicators. However, pricing remains relatively stable, and buyer interest continues—especially for well-located, build-ready parcels.
Market Highlights
- Active Inventory: 708 listings, a 2% decrease from June 2024.
- Closings: 47 properties sold, down 22% year-over-year.
- Year-to-Date Closings: 304, reflecting a 19% decline from the same period last year.
- Median Sold Price: $130,410, down 12% from June 2024.
- Months of Inventory: 15.1, up from 12.0 one year ago.
- New Contracts: 52, a 2% decrease from June 2024.
While the market continues to favor buyers, this month’s small dip in active inventory suggests that supply may be balancing out. Buyers are still looking, but they remain cautious and focused, often prioritizing lots under $150,000 that offer good topography, utility access, and views.
For sellers, opportunities still exist to attract interest by pricing competitively and ensuring parcels are as development-ready as possible.
Download the Full Report
To explore detailed breakdowns by price range, area, and market share trends, download the full Tucson Land Market Report – June 2025 and stay informed about the latest shifts in the local land market.
