Blog & News

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...

In the Tucson Lot and Land market, October 2024 active inventory was 733, a 4% increase from October 2023. There were 39 closings in October 2024, a 38% decrease from October 2023. Year-to-date 2024 there were 559 closings, a 6% decrease from year-to-date 2023. Months of Inventory was 18.8, up...

In the Tucson Lot and Land market, August 2024 active inventory was 724, a 6% increase from August 2023. There were 48 closings in August 2024, a 25% decrease from August 2023. Year-to-date 2024 there were 476 closings, virtually unchanged from year-to-date 2023. Months of Inventory was 15.1, up from...

The land/lots segment of the market in Tucson continues to show signs of strength. Given ongoing inventory shortages in the resale housing sector, land to build on remains a solution for some. Land/lots inventory is up slightly over 2023 while closed sales are also higher year-to-date, at a similar rate....