Executive Summary
In June 2025, the condo market in Marina Vallarta showed robust activity with notable year-over-year improvements in sales volume, despite a slower overall pace indicated by a higher absorption rate. Active listings rose to 123, a 24.2% increase from June 2024, providing more options for buyers. Sold listings surged dramatically to 10 from just 3 the previous year, marking a 233.3% jump, while the median sale price climbed 28.1% to $518,731, reflecting stronger demand for available properties.
However, the market remains buyer-friendly with an absorption rate of 25 months, up 32.7% year-over-year, suggesting ample inventory and less urgency. The average DOM ticked up slightly to 163 days, a 3.8% increase, indicating properties are taking a bit longer to sell on average. Year-to-date figures show positive momentum, with sold listings up 37.9% and median sale prices rising 36.7%, pointing to a recovering but still balanced market in this desirable Puerto Vallarta neighborhood.
Market at a Glance
Market Overview
The Marina Vallarta condo market in June 2025 demonstrated resilience and growth in key areas, particularly in sales activity. With 123 active listings, inventory has increased by 24.2% compared to June 2024, offering buyers a wider selection in this waterfront community. Sold listings experienced a remarkable 233.3% year-over-year surge to 10 units, signaling renewed buyer interest after a quieter period last year. Year-to-date, sold listings are up 37.9% to 40, indicating steady improvement throughout 2025.
Pricing trends reflect this positive shift, with the median sale price rising 28.1% to $518,731 and the average sale price up 31.6% to $534,903. However, the absorption rate climbed to 25 months, a 32.7% increase year-over-year and well above the 6-month threshold for a balanced market, pointing to a buyer's advantage due to higher inventory levels. Month-over-month from May 2025, active listings dipped slightly from 128 to 123, while sold listings held steady at 10, suggesting stabilization after seasonal fluctuations.
The average DOM rose modestly to 163 days, up 3.8% year-over-year but down significantly from May's 279 days, showing that desirable properties are moving faster. Overall, the market pace has slowed compared to last year, but increased sales volume and pricing gains suggest growing confidence among buyers in Marina Vallarta's condo segment. Year-to-date absorption is 30.6 months, up 14.3%, reinforcing a buyer-friendly environment with room for negotiation.
Key Market Indicators
- Active Listings: 123 (+24.2% YoY) - More homes on the market.
- Sold Listings: 10 (+233.3% YoY) - A significant jump from a low base last year.
- Median Sale Price: $518,731 (+28.1% YoY) - A dramatic increase for June, driven by high-end sales.
- Average Sale Price: $534,903 (+31.6% YoY) - Also up significantly for the month.
- New Listings: 10 (+66.7% YoY) - More new properties entered the market.
- Pended Listings: 7 (+40.0% YoY) - More properties went under contract.
- Average DOM: 163 days (+3.8% YoY) - Properties took slightly longer to sell on average.
- Absorption Rate: 25 months (+32.7% YoY) - Market pace slowed, indicating a strong buyer's advantage.
- Sale to List Price Ratio: 95.9% (On average, homes sold for 4.1% below their final asking price)
Pricing Analysis
Pricing in the Marina Vallarta condo market showed upward momentum in June 2025, with the median sale price reaching $518,731, a 28.1% year-over-year gain from $405,000. This increase was supported by a mix of sales across price ranges, including several in the $400,000-$749,999 segment. The average sale price also rose 31.6% to $534,903, though it declined month-over-month from May's $911,175, possibly due to a higher proportion of mid-range closings. Year-to-date, the median sale price is up 36.7% to $640,513, reflecting consistent appreciation amid increased sales activity.
The sale-to-list price ratio stood at 95.9%, meaning sellers received about 96% of their asking price on average, down slightly from earlier months but still indicative of reasonable negotiations in a buyer-leaning market. Compared to June 2024, this ratio improved from an implied lower figure, aligning with stronger demand. Month-over-month, prices moderated after peaks in prior months, but year-to-date averages remain elevated at $740,977, up 45.7%, suggesting sustained value growth for condos in this area.
These trends imply that while prices are rising, the ample inventory allows buyers some leverage, potentially capping further sharp increases. Sellers may need to price competitively to attract offers, especially in higher ranges where activity is mixed.
Listings Activity by Price Range
Activity in June 2025 was spread across various price ranges, with active listings concentrated in the $300,000-$799,999 brackets, accounting for about 75% of the 123 total. The $650,000-$699,999 range had 14 actives (up 55.6% YoY), while $300,000-$349,999 saw 11 (up 266.7% YoY), showing growth in both affordable and mid-luxury segments. Sold listings totaled 10, with sales in ranges like $150,000-$199,999 (2 units, N/A YoY as zero last year) and $700,000-$749,999 (2 units, N/A YoY), indicating emerging demand at lower ends not seen previously. Year-to-date, sales are strongest in $600,000-$649,999 (5 units, +150% YoY) and $1,000,000-$1,499,999 (4 units, N/A YoY), highlighting luxury appeal.
Pending listings at 7 units showed activity in $450,000-$499,999 (2 units, N/A YoY) and scattered others, up 40% overall YoY. This suggests upcoming closings may continue in mid-ranges, potentially boosting July sales. New listings numbered 10, with additions in $200,000-$349,999 (4 units total in those ranges) and one in $1,000,000-$1,499,999, up 66.7% YoY but down from higher-end focus last year. Year-to-date new listings are down 33.3% to 56, with declines in upper ranges like $750,000+ (-80% or more in some).
Strong performing ranges include $400,000-$649,999 for sales and pendings, where volume is steady or growing. Weaker areas are $900,000+ for new listings (minimal additions) and ultra-luxury ($2M+), with zero activity. This distribution points to a market favoring mid-priced condos, with potential for more affordable options to gain traction based on recent sales shifts.
Market Trends (Visualized)
Visualizing the trends over the past 12 months helps illustrate the market dynamics in Marina Vallarta for condos:
This chart displays the number of sold listings alongside the average sale price each month. Observe the fluctuations in sales volume and how the average sale price has varied, noting any significant spikes or trends.
Here we see the trend of active listings versus the average list price. Notice the changes in inventory over the past year and how the average list price has fluctuated.
This chart tracks the Absorption Rate over the last year. The trend highlights the market pace, indicating whether conditions favor buyers or sellers.
The Average Days on Market (DOM) shows how long it took for properties to sell each month. Note any significant changes in sales speed over the period.
Market Implications
For Buyers:
With an elevated absorption rate of 25 months and active listings up 24.2% to 123, buyers in Marina Vallarta have plenty of choices, creating opportunities for negotiation and finding value. The sale-to-list price ratio of 95.9% further supports this, allowing room to secure deals below asking, especially in mid-ranges where inventory is abundant.
Rising prices (median up 28.1% YoY) suggest acting sooner to avoid future increases, but the slower pace means less competition. Year-to-date trends show more affordable sales emerging, making it a good time for first-time or budget-conscious buyers to enter.
For Sellers:
Sellers face higher competition with increased inventory, requiring competitive pricing to stand out, as evidenced by the 4.1% average discount from list price. However, the 233.3% surge in sold listings offers encouragement, particularly for well-priced condos in popular $400,000-$700,000 ranges.
The average DOM of 163 days means patience is key; staging and marketing can help reduce time on market. With new listings up 66.7%, sellers should highlight unique features like marina views to attract buyers in this buyer-friendly environment.
For Investors:
Investors may find opportunities in the growing sales volume (up 37.9% YTD) and price appreciation (average sale price up 45.7% YTD), especially in mid-to-high ranges with strong rental potential in tourist-heavy Marina Vallarta. The high absorption rate allows for selective purchases at negotiated prices.
Long-term, the area's appeal could drive value, but monitor DOM trends for liquidity. Emerging activity in lower ranges ($150,000-$300,000) might offer flip or rental plays, while luxury segments show steady demand for high-return investments.
Terminology Glossary (Click to Expand)
Considering Buying or Selling?
Navigating the current Puerto Vallarta real estate market requires up-to-date information and expert guidance. Whether you're looking to buy your dream vacation home, sell your property effectively, or make a strategic investment, understanding these trends is vital. Contact Mexico Life Realty today for a personalized consultation and strategy session.
Disclaimer: This report is based on data from the local MLS for the specified period and property type. Market conditions can change rapidly. This information is intended for educational purposes and should not be considered financial or investment advice. Always consult with a Mexico Life Realty professional before making Mexico real estate decisions.
Marina Vallarta Condo Market: Sales Surge 233% YoY (June 2025 Report)marina-vallarta-condo-market-report-june-2025marina vallarta condos, puerto vallarta real estate, mexico condo market, condos market report, marina vallarta real estate, jalisco real estate, mexico property prices, real estate trends 2025, buyer's market mexico, luxury condos mexicoGet the latest on the Marina Vallarta condo market (June 2025 data). See sales up 233% YoY, median prices rising 28%, inventory levels, absorption rates, DOM, and analysis for buyers, sellers, & investors.
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