In the Tucson Lot and Land market, November 2024 active inventory was 739, virtually unchanged from November 2023. There were 49 closings in November 2024, a 9% increase from November 2023. Year-to-date 2024 there were 615 closings, a 2% decrease from year-to-date 2023. Months of Inventory was 15.1, down from 16.5 in November 2023. Median price of sold lots was $134,598 for the month of November 2024, down 25% from November 2023. The Tucson Lot and Land area had 39 new properties under contract in November 2024, down 15% from November 2023.