FEB 2025 - Puerto Vallarta and Area MLS House Market Report
Posted by John and Christie Forget on
FEB 2025 - Puerto Vallarta & Area MLS House Market Report
Published: March 1, 2025
TL;DR
The Puerto Vallarta house market is seeing a shift toward a buyer's market with a 30.0 absorption rate and an increasing number of active listings. The average sale price has risen to $898,406.42, reflecting continued demand for higher-end properties. However, the average days on market (DOM) has increased to 197.1 days, indicating that homes are taking longer to sell. Sellers are adjusting by reducing list prices, yet buyers are still paying 93.1% of asking prices, showing ongoing market activity.
- Buyers: Increased inventory means more options, but high-end demand remains strong.
- Sellers: Pricing adjustments are key to competing in a market…
2822 Views, 0 Comments