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

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

  • Number of transactions: 55 land transactions
  • Total sales value: over $245 million
  • Land area/acres: 7,570.57 acres
  • Lots/units: 4,079 units

Significant transactions in the market:

Stonehaven – Glendale:

  • $35,832,000
  • 362.10 acres | $98,956 per acre
  • 1,392 planned SF lots | $25,741 per lot
  • Buyer: Pulte Group

Benessere – Buckeye:

  • $14,767,085
  • 682.25 acres | $21,645 per acre
  • Buyer: PRP Farms

Adero Canyon – Fountain Hills:

  • $10,450,000
  • 322 acres | $32,453 per acre
  • 205 planned SF lots | $50,976 per lot
  • Buyer: Toll Brothers

AZ LandSource Team Colliers International in Greater Phoenix

*Sources: Vizzda and CoStar