2019 May Land Sales Snapshot for Metro Phoenix from the Arizona LandSource Team

Download research report

The AZ LandSource Team with Colliers International presents a snapshot of land sales and significant transactions in May 2019 for metropolitan Phoenix.

Visit the AZ LandSource Team web page for our latest research, news and properties.

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

  • Number of transactions: 46 land transactions
  • Total sales value: over $247.8 million
  • Land area/acres: 3,910.16 acres
  • Lots/units: 3,063 units

Significant transactions in the market:

Rancho Mercado (Surprise):

  • $22,614,560
  • 235 lots | $96,232 per lot
  • Single-family improved lots
  • Buyer: William Lyon Homes

Destination at Gateway (Mesa):

  • $19.55 million
  • 174.15 acres | 709 lots
  • $112,260 per acre | $27,574 per lot
  • Single-family planned lots
  • Buyer: W Holdings

Prologis Commerce Park at Goodyear:

  • $19.2 million
  • 114.20 acres | $3.86 per square foot
  • Planned: Distribution Warehouses
  • Buyer: Prologis

AZ LandSource Team Land Sales Snapshot Colliers International

*Sources: Vizzda and CoStar


AZ LandSource Team Colliers International in Greater Phoenix

2019 May Land Sales Snapshot for Metro Phoenix from the Arizona LandSource Team

Download Report