November 2024 - Beyond the Numbers: Puerto Vallarta's Land Market Reveals Unprecedented Investment Landscape
Posted by John Forget onWhere Investment Meets Opportunity
Executive Summary
The Puerto Vallarta land market presents a fascinating landscape of opportunity and transformation. With inventory levels reaching historic highs and an unprecedented absorption rate of 77.7 months, we're witnessing a market that demands strategic vision and patient capital. This dramatic shift has created unique opportunities for those with the foresight to recognize long-term value.
Month-over-Month Analysis (October vs November 2024)
Current Market Dynamics Active Listings decreased from 402 to 395 (-1.7%) New Listings increased from 19 to 27 (+42.1%) Sold Listings doubled from 3 to 6 (+100%) Median Sale Price decreased from $540,600 to $171,000 (-68.4%) Absorption…2080 Views, 0 Comments