Puerto Vallarta Condo Market: Inventory Surges, Prices Drop (April 2025 Report)
Posted by John and Christie Forget on
Executive Summary
The Puerto Vallarta condo market in April 2025 shows a significant shift toward a buyer’s market, driven by a 57.6% year-over-year (YoY) increase in active listings, reaching 3,258. This surge in inventory provides buyers with ample choices and negotiation power. However, sold listings grew modestly by 3.4% to 92, reflecting steady but cautious demand. The median sale price fell 9.07% YoY to $353,715, indicating improved affordability but also a potential softening in high-end segments.
The absorption rate climbed to 39.37 months, up 58.24% YoY, signaling a slower market pace that strongly favors buyers. Meanwhile, the average DOM rose to 336 days, a 54.84% increase, highlighting longer selling times. These trends suggest…
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