Found 2 blog entries tagged as Investment Properties.

Puerto Vallarta Land Market Report - November 2024

Where Investment Meets Opportunity

Executive Summary

The Puerto Vallarta land market presents a fascinating landscape of opportunity and transformation. With inventory levels reaching historic highs and an unprecedented absorption rate of 77.7 months, we're witnessing a market that demands strategic vision and patient capital. This dramatic shift has created unique opportunities for those with the foresight to recognize long-term value.

Month-over-Month Analysis (October vs November 2024)

Current Market Dynamics Active Listings decreased from 402 to 395 (-1.7%) New Listings increased from 19 to 27 (+42.1%) Sold Listings doubled from 3 to 6 (+100%) Median Sale Price…

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Executive Summary

If the Puerto Vallarta housing market were a Mexican film, we'd be watching an epic transformation scene. With inventory levels soaring and prices performing an intricate dance, the market has definitively shifted to favor buyers. Yet, like any great story, the plot contains numerous fascinating subplots worth exploring.

Month-over-Month Analysis (October vs November 2024)

The Latest Chapter in Our Market Saga Active Listings decreased from 572 to 565 (-1.2%) New Listings decreased from 77 to 70 (-9.1%) Sold Listings decreased from 25 to 16 (-36%) Median Sale Price increased from $285,000 to $336,250 (+18%) Absorption Rate improved from 27.79 to 26.69 months (-4%)

The most notable shift? Days on Market…

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