Found 32 blog entries tagged as Puerto Vallarta real estate.

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

Overview

The homes market in Puerto Vallarta and the surrounding area as of August 2024 shows significant changes compared to the previous year, with notable increases in inventory but decreases in sales prices. 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.

Key Metrics (August 2024 vs August 2023)

Active Listings: 557 (+54.7%) New Listings: 47 (+17.5%) Pending Listings: 12 (-66.7%) Sold Listings:

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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.

Key Metrics (August 2024 vs August 2023)

  • Active Listings: 1,877 (+31.6%)
  • New Listings: 182 (+38.9%)
  • Pending Listings: 63 (-3.1%)
  • Sold Listings: 46 (-41.0%)
  • Median Sale Price

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Market Overview

The Puerto Vallarta housing market in June 2024 showed significant changes compared to the previous year. Here are the key metrics:

  • Active Listings: 506 (42.9% increase from June 2023)
  • New Listings: 46 (17.9% decrease from June 2023)
  • Pending Listings: 27 (42.1% increase from June 2023)
  • Sold Listings: 18 (45.5% decrease from June 2023)
  • Average List Price: $1,028,260.80 (5.43% increase from June 2023)
  • Median List Price: $660,500 (4.94% increase from June 2023)
  • Average Sale Price: $594,522.72 (22.81% increase from June 2023)
  • Median Sale Price: $432,500 (11.18% increase from June 2023)
  • Average Days on Market: 205 (5.09% decrease from June 2023)
  • Absorption Rate: 22.08 (76.78% increase from June…

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As we dive into the latest data on Puerto Vallarta's condo market, it's clear that the winds of change are blowing through this tropical paradise. Let's break down the key trends and what they mean for buyers and sellers in this vibrant Mexican coastal city.

1. Inventory Surge

Active Listings

The number of available condos has skyrocketed over the past year. In June 2024, there were 1,727 active listings, a whopping 24.4% increase from the 1,388 listings in June 2023. This surge in inventory gives buyers more options but may put pressure on sellers to make their properties stand out.

2. Sales Slowdown

We're seeing a significant cooling in the market when it comes to closed sales. June 2024 saw only 56 condos sold, compared to 83 in June…

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The Closure of Point2 Homes in Mexico: What It Means for You and How Mexico Life Realty Can Help

Introduction

The real estate landscape in Mexico has experienced a significant change with the upcoming July 2024 closure of Point2 Homes in Mexico. Since 2005, Point2 Homes has been one of our trusted platforms for property listings and real estate information in Mexico. However, due to a change in their business model, they are now only servicing Canada and the USA. This leaves many users wondering where to turn for their real estate needs. Fortunately, Mexico Life Realty is here to step in and provide the reliable, comprehensive service that homebuyers, sellers, and investors require.

Impact on Users

The closure of Point2 Homes affects a…

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Marina Towers Puerto Vallarta: Redefining Luxury Living in Puerto Vallarta Real Estate

Soon to be located on the pristine beachfront of the exclusive Marina Vallarta community, Marina Towers Puerto Vallarta stands as a pinnacle of luxury and sophistication in the Puerto Vallarta real estate market. This premium development is not just a residence; it's a lifestyle choice for those seeking the best in luxury and comfort.

Unmatched Location

Marina Towers is uniquely positioned on the last available beachfront stretch in Marina Vallarta, offering breathtaking views and direct access to the Pacific Ocean. Its strategic location ensures that residents enjoy proximity to Puerto Vallarta's top dining, shopping, and cultural activities, making it a…

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Best Real Estate Companies in Puerto Vallarta: Why Choose Mexico Life Realty

Nestled on the stunning Pacific coast of Mexico, Puerto Vallarta is not only a paradise for vacationers but also a hotspot for real estate investors and homebuyers. The region's real estate market is bustling with opportunities, making the choice of a real estate company a crucial decision. Among the numerous options, Mexico Life Realty emerges as a beacon of trust and professionalism. Founded by John and Christie Forget, the company has carved a niche for itself by adhering to the principles of honesty, client-focused representation, and ethical business practices. In this blog post, we will explore the reasons that make Mexico Life Realty a premier choice for anyone looking…

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Puerto Vallarta Beachfront Living: Your Guide to Paradise Found

Imagine waking up to the sound of waves crashing against the shore, sipping your morning coffee with a panoramic ocean view, and stepping directly from your condo onto pristine sands. This is the dream of Puerto Vallarta beachfront living, and for many, it's a dream within reach. Let's explore everything you need to know about making your oceanfront paradise a reality.

With its vibrant blend of Mexican culture, stunning beaches, and welcoming atmosphere, Puerto Vallarta has long been a haven for those seeking a relaxed yet exciting lifestyle. The allure of beachfront living only adds to the charm, promising a life where the rhythm of the ocean sets the pace for your day.

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Global Real Estate Boom: Puerto Vallarta's Attraction

In recent years, the beautiful coastal city of Puerto Vallarta has seen a surge in the number of global buyers investing in real estate. With its stunning ocean views, vibrant culture, and favorable investment climate, it's no wonder that buyers from around the world are flocking to this Mexican paradise. From luxurious beachfront condos to stunning villas nestled in the hills, Puerto Vallarta offers a diverse range of properties to suit every taste and budget.

Whether you're looking for a vacation home, retirement retreat, or a solid investment opportunity, Puerto Vallarta has it all. The city's real estate market has been steadily growing, attracting buyers from the United States, Canada,…

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Exploring the Best Puerto Vallarta Real Estate Opportunities

Indulge in the opulent lifestyle you've always dreamed of with the best Puerto Vallarta real estate opportunities. Experience the epitome of luxury living in one of Mexico's most stunning coastal destinations. With its pristine beaches, vibrant culture, and world-class amenities,

Puerto Vallarta offers an unparalleled experience for those seeking a life of extravagance and relaxation. Immerse yourself in the exquisite charm of this picturesque city, renowned for its breathtaking sunsets and charming cobblestone streets. From lavish oceanfront villas to sophisticated condominiums, the Puerto Vallarta real estate market presents a wealth of options to suit your discerning tastes and…

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