Found 32 blog entries tagged as Puerto Vallarta real estate.

Executive Summary

The Puerto Vallarta land market in April 2025 is characterized by a dramatic surge in active listings, soaring 101.4% year-over-year (YoY) to 570, creating a robust supply for buyers. However, sold listings declined 42.9% to 4 from 7 in April 2024, reflecting subdued demand. The median sale price rose 19.7% to $197,500, driven by selective high-value sales despite the overall market slowdown.

The absorption rate spiked to 68.4 months, up 75.25% YoY, indicating a significantly slower market pace that strongly favors buyers. Conversely, the average DOM dropped sharply to 74 days, down 69.55%, suggesting that well-priced parcels sell quickly. These trends highlight a buyer’s market with abundant opportunities for strategic…

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Executive Summary

The Puerto Vallarta house market in April 2025 demonstrates a robust supply with active listings increasing 24.5% year-over-year (YoY) to 675, offering buyers ample choices. However, sold listings declined 16.7% to 25 from 30 in April 2024, indicating softer demand. The median sale price fell significantly by 24.59% to $368,000, reflecting affordability improvements but also a cooling in higher-end sales.

The absorption rate rose to 28.52 months, up 10.07% YoY, signaling a slower market pace that favors buyers. The average DOM decreased slightly to 210 days, down 9.87%, suggesting faster sales for competitively priced homes. These trends point to a buyer’s market with opportunities for strategic purchases, while sellers…

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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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Executive Summary

The Bucerias condo market in March 2025 showed a complex picture with increased sales activity compared to last year, but also signs of a slowing market characterized by high inventory levels and extended time on market. While 14 condos sold, a 55.6% increase year-over-year, the average time listings spent on the market (Average DOM) climbed to 352 days. Inventory remains high with 466 active listings, resulting in a substantial Absorption Rate of nearly 59 months, indicating a strong buyer's market.

Pricing signals were mixed. The Average Sale Price surged to $777,700, heavily influenced by a few high-end sales, representing a 92.3% increase YoY. However, the Median Sale Price provides a more stable view, sitting at…

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Executive Summary

The Romantic Zone condo market showed signs of stabilization mixed with increased inventory in March 2025. While the number of active listings (184) saw a significant 37.3% increase compared to March 2024, sales activity remained modest with 11 units sold, just slightly up from 10 the previous year. The Average Sale Price saw a small year-over-year gain (+3.04%), reaching $619,818, but the Median Sale Price experienced a notable drop (-10.91%) to $490,000, suggesting a shift in the types of properties selling compared to last March.

Year-to-date figures paint a slightly different picture, with total sales up 30% compared to 2024 YTD, and both Average (+10.92%) and Median (+13.89%) Sale Prices showing stronger gains.…

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Executive Summary

The Puerto Vallarta house market displayed mixed signals in March 2025. While active inventory continued its upward trend, reaching 674 listings (up 27.7% YoY), sales activity saw a significant slowdown, with only 12 houses sold (down 33.3% YoY). This slowdown contributed to an increase in the Absorption Rate to 28.48 months of inventory.

Pricing also showed volatility. Although the year-to-date Average Sale Price is significantly higher than last year (+21.25%), March saw a notable drop compared to March 2024, with the Average Sale Price falling to $507,199 (-12.46% YoY) and the Median Sale Price dropping sharply to $261,212 (-47.86% YoY). Properties took longer to sell, with the Average Days on Market (DOM) increasing to…

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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…

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FEB 2025 - Puerto Vallarta & Area MLS Condo Market Report

Published: March 1, 2025

TL;DR

The Puerto Vallarta condo market is shifting to a buyer's market with a 78.82% increase in absorption rate and 55.1% rise in active listings. Strong demand in mid-to-high price ranges ($250,000-$799,999+) is driving sale prices up by 27.50% and cutting days on market by 3.21%. Sellers are reducing list prices by 5.75%, yet buyers are paying 93.6% of asking prices, signaling a competitive and dynamic market.

  • Buyers: Market shifting in your favor, but competition remains strong.
  • Sellers: Pricing strategies matter more than ever in this crowded market.
  • Investors: Potential deals emerging, but timing is crucial.

Comprehensive Market…

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Complete Guide to Closing Costs in Mexico's Restricted Zone: 2025 Edition

Last Updated: February 2025 | Reading Time: 15 minutes

Key Takeaway: Expect to budget 6-8% of your purchase price for closing costs when buying property in Mexico's restricted zone. These costs include the mandatory bank trust (fideicomiso), notary fees, transfer taxes, and various governmental permits.

Understanding Mexico's Restricted Zone Property Rules

Mexico's restricted zone encompasses all land within 50 kilometers (31 miles) of any coastline and 100 kilometers (62 miles) from any international border. This constitutional provision, established to protect Mexico's national sovereignty, doesn't prohibit foreign ownership—rather, it creates a special…

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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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