Found 2 blog entries tagged as Property Statistics.

Executive Summary

If the Puerto Vallarta housing market were a Mexican film, we'd be watching an epic transformation scene. With inventory levels soaring and prices performing an intricate dance, the market has definitively shifted to favor buyers. Yet, like any great story, the plot contains numerous fascinating subplots worth exploring.

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

The Latest Chapter in Our Market Saga Active Listings decreased from 572 to 565 (-1.2%) New Listings decreased from 77 to 70 (-9.1%) Sold Listings decreased from 25 to 16 (-36%) Median Sale Price increased from $285,000 to $336,250 (+18%) Absorption Rate improved from 27.79 to 26.69 months (-4%)

The most notable shift? Days on Market…

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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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