May 2025 Land Report
The Tucson land market continued to show signs of moderation in May, with transaction volume slowing but inventory levels holding steady. Buyers remain active but are increasingly discerning, favoring value-priced, well-located parcels that are ready to build.
Market Highlights
- Active inventory reached 726, a slight 2% increase from May 2024.
- 49 closings were recorded, a 36% decrease compared to May 2024.
- Year-to-date closings totaled 256, down 19% from the same time last year.
- Median sold price was $110,857, an 11% drop year-over-year.
- Months of inventory climbed to 14.8, up from 9.4 in May 2024.
- 43 new properties went under contract, a 59% decrease from May 2024.
While these numbers reflect a continued buyer’s market, opportunities remain for sellers with build-ready, well-positioned lots. Market activity continues in certain price bands, particularly under $150,000, as buyers look for a balance of location, views, and infrastructure.
Download the Full Report
To explore a detailed breakdown by price range, inventory trends, and market share, download the complete Tucson Land Market Report – May 2025 and stay informed on local market dynamics.
