Found 7 blog entries tagged as Mexico real estate.

Executive Summary

The Zona Dorada housing market showed signs of cooling demand but increasing inventory as we closed the first quarter of 2025. March saw a significant rise in active listings compared to last year, reaching 12 homes for sale, a 71.4% year-over-year increase. However, this inventory growth was met with a slowdown in immediate activity, as there were zero new listings, pending sales, or closed sales reported for the month. This marks a distinct shift from March 2024, which saw 4 new listings and 2 pending sales, suggesting a potential pause in buyer and seller activity.

Year-to-date figures for 2025 paint a slightly different picture, with 2 homes sold compared to none in the same period last year, albeit at a lower volume…

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Executive Summary

The Bucerias condo market in March 2025 showed a complex picture with increased sales activity compared to last year, but also signs of a slowing market characterized by high inventory levels and extended time on market. While 14 condos sold, a 55.6% increase year-over-year, the average time listings spent on the market (Average DOM) climbed to 352 days. Inventory remains high with 466 active listings, resulting in a substantial Absorption Rate of nearly 59 months, indicating a strong buyer's market.

Pricing signals were mixed. The Average Sale Price surged to $777,700, heavily influenced by a few high-end sales, representing a 92.3% increase YoY. However, the Median Sale Price provides a more stable view, sitting at…

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Executive Summary

The Romantic Zone condo market showed signs of stabilization mixed with increased inventory in March 2025. While the number of active listings (184) saw a significant 37.3% increase compared to March 2024, sales activity remained modest with 11 units sold, just slightly up from 10 the previous year. The Average Sale Price saw a small year-over-year gain (+3.04%), reaching $619,818, but the Median Sale Price experienced a notable drop (-10.91%) to $490,000, suggesting a shift in the types of properties selling compared to last March.

Year-to-date figures paint a slightly different picture, with total sales up 30% compared to 2024 YTD, and both Average (+10.92%) and Median (+13.89%) Sale Prices showing stronger gains.…

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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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Complete Guide to Closing Costs in Mexico's Restricted Zone: 2025 Edition

Last Updated: February 2025 | Reading Time: 15 minutes

Key Takeaway: Expect to budget 6-8% of your purchase price for closing costs when buying property in Mexico's restricted zone. These costs include the mandatory bank trust (fideicomiso), notary fees, transfer taxes, and various governmental permits.

Understanding Mexico's Restricted Zone Property Rules

Mexico's restricted zone encompasses all land within 50 kilometers (31 miles) of any coastline and 100 kilometers (62 miles) from any international border. This constitutional provision, established to protect Mexico's national sovereignty, doesn't prohibit foreign ownership—rather, it creates a special…

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Puerto Vallarta Condo Market Report - November 2024

Executive Summary

If the Puerto Vallarta condo market were a telenovela, we'd be witnessing quite the dramatic season. With inventory levels reaching new heights and prices performing their own version of a Mexican standoff, the market has decidedly shifted in favor of buyers. However, like any good drama, there are plenty of plot twists to consider.

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

The Latest Episode in Our Market Saga

The market showed notable changes from October:

Active Listings increased from 2,057 to 2,236 units (+8.7%) New Listings jumped from 231 to 285 (+23.4%) Sold Listings decreased from 70 to 46 (-34.3%) Median Sale Price increased from…

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Key Market Indicators: July 2024

  • Active Listings: 546 (↑46.3% from July 2023)
  • Closed Sales: 20 (↓21.7% from July 2023)
  • Median Sale Price: $350,000 (↓4.11% from July 2023)
  • Absorption Rate: 24.82 months (↑83.17% from July 2023)
  • Sale to List Price Ratio: 94.9% (down from 98.0% in July 2023)

Navigate this evolving home market with Mexico Life Realty

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

Introduction: A Market in Flux

The home market in 2024 is undergoing a significant transformation, creating a landscape of both challenges and opportunities for buyers, sellers, and investors. As we delve into the latest data from July 2024, we're observing trends that are reshaping the real estate terrain. Let's…

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