Found 2 blog entries tagged as Mexico condo market.

Executive Summary

In June 2025, the condo market in Marina Vallarta showed robust activity with notable year-over-year improvements in sales volume, despite a slower overall pace indicated by a higher absorption rate. Active listings rose to 123, a 24.2% increase from June 2024, providing more options for buyers. Sold listings surged dramatically to 10 from just 3 the previous year, marking a 233.3% jump, while the median sale price climbed 28.1% to $518,731, reflecting stronger demand for available properties.

However, the market remains buyer-friendly with an absorption rate of 25 months, up 32.7% year-over-year, suggesting ample inventory and less urgency. The average DOM ticked up slightly to 163 days, a 3.8% increase, indicating…

660 Views, 0 Comments


Key Market Indicators: July 2024

  • Active Listings: 1,698 (↑16.8% from July 2023)
  • Closed Sales: 56 (↓27.3% from July 2023)
  • Median Sale Price: $340,000 (↓2.86% from July 2023)
  • Absorption Rate: 22.20 months (↑56.67% from July 2023)
  • Sale to List Price Ratio: 93.8% (down from 97.0% in July 2023)

Navigate this changing market with Mexico Life Realty

Email: Info@MexicoLife.com | WhatsApp: +52-322-109-4502

Introduction: A Market in Transition

The condo market in 2024 is experiencing a seismic shift, creating waves of opportunity and challenge for buyers, sellers, and investors alike. As we dive into the latest data, we're seeing trends that are reshaping the real estate landscape. Let's break down what's happening and…

2159 Views, 0 Comments