Found 2 blog entries tagged as 2024 housing market.

Comprehensive Homes Market Report: August 2024 - Puerto Vallarta and Area

Overview

The homes market in Puerto Vallarta and the surrounding area as of August 2024 shows significant changes compared to the previous year, with notable increases in inventory but decreases in sales prices. This report analyzes key metrics to provide insights into the current state of the market. All data presented here is sourced from the AMPI MLS (Asociación Mexicana de Profesionales Inmobiliarios Multiple Listing Service) and represents comprehensive information for Puerto Vallarta and the surrounding area.

Key Metrics (August 2024 vs August 2023)

Active Listings: 557 (+54.7%) New Listings: 47 (+17.5%) Pending Listings: 12 (-66.7%) Sold Listings:…

5520 Views, 0 Comments

Read Full Post

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…

2818 Views, 0 Comments

Read Full Post