Executive Summary

The Nuevo Vallarta West condo market showcased remarkable activity in March 2025, characterized by soaring prices and strong sales volume despite a significant increase in available inventory. The Median Sale Price experienced an extraordinary jump of over 110% compared to March 2024, indicating intense demand at certain price points. While the number of Active Listings surged by nearly 37% year-over-year, suggesting more options for buyers, the number of Sold Listings also saw a dramatic increase of 166.7%.

Despite the rise in inventory pushing the Absorption Rate up by 45.7% (indicating a slower overall market pace), properties that did sell moved significantly faster, with the Average DOM (Days on Market) dropping by…

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Executive Summary

The Zona Dorada housing market showed signs of cooling demand but increasing inventory as we closed the first quarter of 2025. March saw a significant rise in active listings compared to last year, reaching 12 homes for sale, a 71.4% year-over-year increase. However, this inventory growth was met with a slowdown in immediate activity, as there were zero new listings, pending sales, or closed sales reported for the month. This marks a distinct shift from March 2024, which saw 4 new listings and 2 pending sales, suggesting a potential pause in buyer and seller activity.

Year-to-date figures for 2025 paint a slightly different picture, with 2 homes sold compared to none in the same period last year, albeit at a lower volume…

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Executive Summary

The La Cruz de Huanacaxtle condo market displayed notable shifts in March 2025. While the average list price saw a slight decrease year-over-year (-4.62%), the market activity level, measured by the Absorption Rate, showed significant strengthening, jumping 43.23% compared to March 2024. This suggests that despite more listings coming online over the past year, demand is keeping pace, particularly evident in the Year-to-Date (YTD) absorption rate increase of 72.98%.

March saw 9 condos sold, contributing to a YTD total of 22 sales. Inventory remains significantly higher than last year, with 164 active listings compared to 59 in March 2024 (+178.0%). Pricing dynamics show some variability, with the average sale price in…

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Executive Summary

The Bucerias condo market in March 2025 showed a complex picture with increased sales activity compared to last year, but also signs of a slowing market characterized by high inventory levels and extended time on market. While 14 condos sold, a 55.6% increase year-over-year, the average time listings spent on the market (Average DOM) climbed to 352 days. Inventory remains high with 466 active listings, resulting in a substantial Absorption Rate of nearly 59 months, indicating a strong buyer's market.

Pricing signals were mixed. The Average Sale Price surged to $777,700, heavily influenced by a few high-end sales, representing a 92.3% increase YoY. However, the Median Sale Price provides a more stable view, sitting at…

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Executive Summary

The Romantic Zone condo market showed signs of stabilization mixed with increased inventory in March 2025. While the number of active listings (184) saw a significant 37.3% increase compared to March 2024, sales activity remained modest with 11 units sold, just slightly up from 10 the previous year. The Average Sale Price saw a small year-over-year gain (+3.04%), reaching $619,818, but the Median Sale Price experienced a notable drop (-10.91%) to $490,000, suggesting a shift in the types of properties selling compared to last March.

Year-to-date figures paint a slightly different picture, with total sales up 30% compared to 2024 YTD, and both Average (+10.92%) and Median (+13.89%) Sale Prices showing stronger gains.…

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Executive Summary

The Puerto Vallarta land market showed a significant increase in inventory during March 2025, alongside a complex pricing picture. While the number of active listings surged compared to last year, particularly in lower price brackets, sales activity saw only a modest increase. The average sale price rose year-over-year, but the median sale price dropped considerably, suggesting a market shift towards more affordable land parcels influencing the overall statistics.

Key indicators point towards a slower market pace, favouring buyers. The Absorption Rate remains exceptionally high, indicating a large supply relative to demand. Properties are also taking longer to sell (Average DOM increased YoY), and buyers are negotiating…

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Executive Summary

The Puerto Vallarta house market displayed mixed signals in March 2025. While active inventory continued its upward trend, reaching 674 listings (up 27.7% YoY), sales activity saw a significant slowdown, with only 12 houses sold (down 33.3% YoY). This slowdown contributed to an increase in the Absorption Rate to 28.48 months of inventory.

Pricing also showed volatility. Although the year-to-date Average Sale Price is significantly higher than last year (+21.25%), March saw a notable drop compared to March 2024, with the Average Sale Price falling to $507,199 (-12.46% YoY) and the Median Sale Price dropping sharply to $261,212 (-47.86% YoY). Properties took longer to sell, with the Average Days on Market (DOM) increasing to…

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FEB 2025 - Puerto Vallarta & Area MLS Land Market Report

Published: March 1, 2025

TL;DR

The Puerto Vallarta land market is showing a high absorption rate of 60.48 months, meaning land sales are outpacing inventory increases. The average list price stands at $1,045,834.30, while the average sale price is $622,250, suggesting that buyers are negotiating significant discounts. The sale-to-list price ratio of 89.5% shows that while sellers are adjusting, there is still room for negotiation. Additionally, the average days on market (DOM) has increased to 243 days, indicating that land is taking longer to sell.

Comprehensive Market Analysis

This analysis covers monthly trends from March 2024 to February 2025, yearly comparisons, and…

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FEB 2025 - Puerto Vallarta & Area MLS House Market Report

Published: March 1, 2025

TL;DR

The Puerto Vallarta house market is seeing a shift toward a buyer's market with a 30.0 absorption rate and an increasing number of active listings. The average sale price has risen to $898,406.42, reflecting continued demand for higher-end properties. However, the average days on market (DOM) has increased to 197.1 days, indicating that homes are taking longer to sell. Sellers are adjusting by reducing list prices, yet buyers are still paying 93.1% of asking prices, showing ongoing market activity.

  • Buyers: Increased inventory means more options, but high-end demand remains strong.
  • Sellers: Pricing adjustments are key to competing in a market…

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FEB 2025 - Puerto Vallarta & Area MLS Condo Market Report

Published: March 1, 2025

TL;DR

The Puerto Vallarta condo market is shifting to a buyer's market with a 78.82% increase in absorption rate and 55.1% rise in active listings. Strong demand in mid-to-high price ranges ($250,000-$799,999+) is driving sale prices up by 27.50% and cutting days on market by 3.21%. Sellers are reducing list prices by 5.75%, yet buyers are paying 93.6% of asking prices, signaling a competitive and dynamic market.

  • Buyers: Market shifting in your favor, but competition remains strong.
  • Sellers: Pricing strategies matter more than ever in this crowded market.
  • Investors: Potential deals emerging, but timing is crucial.

Comprehensive Market…

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