Lennar, Richmond American, Ashton Woods purchase lots in Tucson market

(Disclosure: Rose Law Group represents Lennar, Richmond American, and Ashton Woods.)

By Karen Schutte | Real Estate Daily News

TUCSON, AZ (October 31, 2025) — In a housing market looking to find its footing, Land Advisors Organization (LAO) of Tucson continues to lead the charge in homebuilder deals in Tucson. Real Estate Daily reports that LAO Tucson has pushed its market share to over 70% heading into Q4 2025.

In October alone, LAO-Tucson reports over $48 million in lot purchases across the board, from northwest to southeast Tucson. In a strong counter to a slower market narrative, these
homebuilder purchases signal a swing to a more active Tucson market. Real Estate Daily News reports the following deals:

Rocking K: Richmond American closed on 21 platted and engineered lots for $2.1 million. The lots are 80’X125’ and located along Mountain View Way in the latest phase of the
project. The seller was Rocking K Development Co. These larger lots were the last parcel in the phase, with major new offerings at Rocking K slated for the Spring of 2026. Rocking K continues
to command the bulk of the market share in Vail.

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