Place figs in a large Nutribullet cup or in a large food processor with water. Pulse a few times until figs are mostly smooth with a few chunks left.
Add pureed figs to a medium-sized skillet over medium-high heat with honey, coconut sugar, lemon juice, and salt. Bring mixture to a boil and cook over medium-high heat for 2 minutes, stirring constantly.
Reduce heat to medium-low and let simmer for 10-15 minutes or until figs have reduced by half.
During the last 1-2 minutes add vanilla and stir to combine.