Key Market Indicators: July 2024

  • Active Listings: 546 (↑46.3% from July 2023)
  • Closed Sales: 20 (↓21.7% from July 2023)
  • Median Sale Price: $350,000 (↓4.11% from July 2023)
  • Absorption Rate: 24.82 months (↑83.17% from July 2023)
  • Sale to List Price Ratio: 94.9% (down from 98.0% in July 2023)

Navigate this evolving home market with Mexico Life Realty

Email: Info@MexicoLife.com | WhatsApp: +52-322-109-4502

Introduction: A Market in Flux

The home market in 2024 is undergoing a significant transformation, creating a landscape of both challenges and opportunities for buyers, sellers, and investors. As we delve into the latest data from July 2024, we're observing trends that are reshaping the real estate terrain. Let's…

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Key Market Indicators: July 2024

  • Active Listings: 1,698 (↑16.8% from July 2023)
  • Closed Sales: 56 (↓27.3% from July 2023)
  • Median Sale Price: $340,000 (↓2.86% from July 2023)
  • Absorption Rate: 22.20 months (↑56.67% from July 2023)
  • Sale to List Price Ratio: 93.8% (down from 97.0% in July 2023)

Navigate this changing market with Mexico Life Realty

Email: Info@MexicoLife.com | WhatsApp: +52-322-109-4502

Introduction: A Market in Transition

The condo market in 2024 is experiencing a seismic shift, creating waves of opportunity and challenge for buyers, sellers, and investors alike. As we dive into the latest data, we're seeing trends that are reshaping the real estate landscape. Let's break down what's happening and…

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