Found 2 blog entries tagged as pricing trends.

Nuevo Vallarta West Condo Market Report - March 2025

Posted by John Forget on April 7th, 2025

Executive Summary

The Nuevo Vallarta West condo market showcased remarkable activity in March 2025, characterized by soaring prices and strong sales volume despite a significant increase in available inventory. The Median Sale Price experienced an extraordinary jump of over 110% compared to March 2024, indicating intense demand at certain price points. While the number of Active Listings surged by nearly 37% year-over-year, suggesting more options for buyers, the number of Sold Listings also saw a dramatic increase of 166.7%.

Despite the rise in inventory pushing the Absorption Rate up by 45.7% (indicating a slower overall market pace), properties that did sell moved significantly faster, with the Average DOM (Days on Market) dropping by…

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August 2024 Puerto Vallarta Condo Market Report

Posted by John Forget on September 11th, 2024

Comprehensive Condo Market Report: August 2024 - Puerto Vallarta and Area

Overview

The condo market as of August 2024 shows significant changes compared to the previous year, with notable increases in inventory and pricing, but a decrease in sales volume. This report analyzes key metrics to provide insights into the current state of the market. All data presented here is sourced from the AMPI MLS (Asociación Mexicana de Profesionales Inmobiliarios Multiple Listing Service) and represents comprehensive information for Puerto Vallarta and the surrounding area.