Los Cabos Residential Real Estate Market

Q1 2020 Market Report

Overall house and condo sales volumes remained up in the first quarter of 2020. Effects of the COVID-19 pandemic on the market appear negligible in Q1 but will be more obvious and impacting in Q2.  Prior to the pandemic we had been experiencing strong growth in sales volume particularly at lower price points.  Overall the sales dollar volume was off slightly over Q1 2019.  Condo sales again remained strong with a 28% increase in volume over Q1 2019.  House and Condo sales volumes increased in the sub $300k price points over Q1 2019 resulting in a downward push on the average residential price in Los Cabos of 23.9%.  Inventory Turnover % (Sold ÷ Listed) remained robust in the 300k and lower price segments. 


In our 2019 Year in Review now expected in July, we will recap 2019 with all sales hopefully closed for a complete picture of the year.

View The Full Report

We are Licenced Real Estate Agents by the State of Baja California Sur, Mexico.  We are certified to “Sell Real Estate in Tourist Zones” in Mexico by Conocer, a nationally recognized government certification organization.

Effective January 1, 2020, only Licenced Realtors can practice in the State of BCS.  Ensure whomever you choose to represent you is licenced.

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