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

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

  • Number of transactions: 41 land transactions
  • Total sales value: over $188.6 million
  • Land area/acres: 1,891.79 acres
  • Lots/units: 3,583 units

Significant transactions in the market:

Chandler Heights & Val Vista – Gilbert:

  • $31,648,907 (in two transactions)
  • 115.23 acres | $274,659 per acres
  • 266 planned lots (allocated) | $118,981 per lot
  • Buyer: Maracay Homes

Lakes at Annecy – Gilbert:

  • $13.25 million
  • 250 finished townhome lots
  • $53,000 per lot
  • Buyer: Maracay Homes

LivGenerations on Mayo – Scottsdale:

  • $11.5 million
  • 9.92 acres |$26.61 per square foot
  • 164 planned senior living units | $70,122 per unit
  • Buyer: Liv Communities

AZ LandSource Team Land Sales Snapshot Colliers International 

*Sources: Vizzda and CoStar