As we are entering the second semester of 2016, we wanted to share with you our real estate market report for the first six months of this year. We have gathered this information from the Los Cabos MLS and highlighted the most relevant facts for you. Here is a recap of the sales volume in Cabo, San Jose, East Cape, La Paz, Todos Santos & Pacific Corridor:
The following chart shows the type of properties that were sold and a comparison of January – June 2016/2015.
Here are the most relevant points of this report:
• 72% of all properties sold within BCS ranged between $13,000 to $299,000 USD. Yes, you read it right. Residential opportunities within Baja California Sur start at $13,000 USD for a non-serviced residential lot.
• Price points still vary, but the number of fire sales and opportunities are growing scarce, as buyers continue to take advantage.
• A historic sale was made in San Jose del Cabo with a beachfront residence sold for $12,000,000 USD
If you would like to see the complete report which includes the price ranges that are moving, send us an email to info@cbriveras.com
