Found 2 blog entries tagged as condos.

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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As we close the chapter on 2023 and step into the fresh beginnings of 2024, it's pivotal to look back and understand the shifts and trends in the real estate market. In this recap, we delve into the year-long journey of two distinct property types: condos and houses. The insights presented here are drawn from comprehensive market data, including active listings, sales performance, pricing trends, and more, offering a clear picture of the past year's real estate dynamics.

Condos: A Snapshot of Resilience and Growth

The condo market in 2023 showcased a remarkable resilience and an upward trajectory in pricing, despite the fluctuations in listings and sales. Starting the year with 1,254 active listings in January and peaking at 1,750 by December, the…

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