Puerto Vallarta Condo Market: Prices Drop, Inventory Soars (June 2025 Report)
Posted by John and Christie Forget on
Executive Summary
The Puerto Vallarta condo market in June 2025 shows a dynamic shift, with a significant 58.7% year-over-year (YoY) increase in active listings, reaching 3,211 units. However, sold listings grew more modestly at 21.8% YoY to 95 units, indicating a slower sales pace relative to inventory growth. The median sale price dropped 16.3% YoY to $325,000, reflecting a shift toward more affordable price segments. The absorption rate rose to 36.73 months, a 41.8% YoY increase, signaling a buyer's market. Meanwhile, the average DOM surged 73.4% YoY to 385 days, highlighting longer selling times.
Year-to-date (YTD) trends reinforce a cooling market, with a 29.9% increase in sold listings compared to 2024, but a 1.8% decline in median…
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