REOS Software › Lot sales and builder land comps
Lot sales
What builders are actually paying for lots
REOS reads each county's sales records, sorts every lot and land sale by type and works out the price per lot, so you can compare takedowns with takedowns and single lots with single lots.
Figures as of October 5, 2026.
How sales are sorted
Each sale goes into one of five groups. A development takedown is a builder or land banker buying several lots at once, on one deed or a few weeks apart in the same subdivision. A builder lot is a builder buying a single lot. An individual lot sale is a vacant lot bought by a person or a small owner. New-home closings show what a builder sold a finished house for, and build-to-rent sales are builders selling homes to rental operators.
We never average takedown prices with single-lot prices. A builder buying forty lots pays a very different price per lot than someone buying one, and a number that mixes the two doesn't describe either.
How the price per lot is figured
When a deed covers several parcels, the total is split across the lots on it. Counties only keep each parcel's most recent sale, though, so on an older multi-lot deed some of the lots may have been built on and resold since. In that case we show the price as "up to" the deed total divided by the lots still on record. That's the most a lot could have cost, and those sales are left out of the medians.
A "vacant lot" that sold for the price of a house isn't counted as a lot, and neither is anything over ten acres, which we treat as land. Where a county's records are thin, we add MLS land sales and mark them as MLS.
Sales show the companies involved, so you can see which builder or land banker paid what. We don't name individuals. The same records feed builder-owned lots, which shows what each builder paid for the lots it holds today.
To work a lot price back into what the raw land is worth, use the free residual land value calculator.
Questions
Where do the prices come from?
County parcel and deed records and assessor sales lists. Where county records are thin, we add MLS land sales, labeled as MLS.
Why do some prices say "up to"?
Counties keep only each parcel's latest sale. When lots from an older multi-lot deed have been resold, dividing the deed by the lots still on record gives the most a lot could have cost, so we show it as "up to" and leave it out of the medians.
Do you mix takedown and single-lot prices?
No. They're sorted separately and never averaged together.
Why don't some counties have prices?
Some counties publish who owns land but not what it sold for in a source we can use. Those counties still show who holds the lots.
See it on a site you're looking at
Bring a listing or a parcel you're working on, and we'll run it on the call.