Condo Market Shakeup: Why 2024 is a Game-Changer for Buyers, Sellers, and Investors
Posted by John Forget on
Key Market Indicators: July 2024
- Active Listings: 1,698 (↑16.8% from July 2023)
- Closed Sales: 56 (↓27.3% from July 2023)
- Median Sale Price: $340,000 (↓2.86% from July 2023)
- Absorption Rate: 22.20 months (↑56.67% from July 2023)
- Sale to List Price Ratio: 93.8% (down from 97.0% in July 2023)
Navigate this changing market with Mexico Life Realty
Email: Info@MexicoLife.com | WhatsApp: +52-322-109-4502
Introduction: A Market in Transition
The condo market in 2024 is experiencing a seismic shift, creating waves of opportunity and challenge for buyers, sellers, and investors alike. As we dive into the latest data, we're seeing trends that are reshaping the real estate landscape. Let's break down what's happening and…
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