The AZ LandSource Team, with Colliers in Greater Phoenix, presents a snapshot of land sales and significant transactions in April 2018 for metropolitan Phoenix.

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Land sales data ($1M+ transaction value)*:

  • Number of transactions: 39 land transactions
  • Total sales value: over $183 million
  • Land area/acres: 3,606.21 acres
  • Lots/units: 2,348 units

Significant transactions in the market:

PV/303 – Goodyear:

  • $49 million
  • 549.65 acres | $2.05 PSF
  • Planned Use: Industrial
  • Buyer: First Industrial

The Meadows - Peoria:

  • $26,073,200
  • 112.13 acres | $232,527 per acre
  • 192 planned SF lots | $135,798 per lot
  • Buyer: Toll Brothers

Eastmark - Mesa:

  • $12,942,500
  • 76.36 acres | $169,493 per acre
  • 266 P&E SF lots | $48,656 per lot
  • Buyer: TerraWest Communities

 

AZ LandSource Team Land Sales Snapshot Colliers International 

*Sources: Vizzda and CoStar