Puerto Vallarta Land Market Report - March 2025
Posted by John and Christie Forget on
Executive Summary
The Puerto Vallarta land market showed a significant increase in inventory during March 2025, alongside a complex pricing picture. While the number of active listings surged compared to last year, particularly in lower price brackets, sales activity saw only a modest increase. The average sale price rose year-over-year, but the median sale price dropped considerably, suggesting a market shift towards more affordable land parcels influencing the overall statistics.
Key indicators point towards a slower market pace, favouring buyers. The Absorption Rate remains exceptionally high, indicating a large supply relative to demand. Properties are also taking longer to sell (Average DOM increased YoY), and buyers are negotiating…
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