The first four months of 2016 have shown interesting results in regards of the Real Estate Market in Baja California Sur.
Coldwell Banker Riveras prepared the following report based on the Sold Properties reported to the Los Cabos MLS as of May 1st, 2016. We included Cabo, San Jose, The East Cape, La Paz, Todos Santos & Cerritos in our search. Here are some of its results:
* Homes and condos represent 66.82% of the total sales volume, lots account for of 32% and commercial properties only represent 1%.
* San Jose market closed an historical sale with a beachfront home sold for $12,000,000 USD!
* The price range for 60% of all the homes sold within Baja was between $0 – $300,000 USD
Here is the comparison between the same period (Jan-April) of 2015 and 2016:
It is logical to see these numbers and feel a bit skeptical, however 14% of the homes sold were above $1M and as of today, there are a total of 251 properties pending to close, which suggests that the real estate market in Baja continues to be an attractive option for investors and home buyers.
If you would like to access the complete report with an update count of all type of sold properties, send us an email to info@cbriveras.com
For more information about Coldwell Banker Riveras’ s real estate services or property tour in Cabo, San Jose, La Ribera, Los Barriles, La Paz, Todos Santos and Cerritos, call us to + 52 (624) 143.1342
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Jan – April 2016 Real Estate Market Report in Baja
Written by Coldwell Banker Riveras on . Posted in Cabo San Lucas Real Estate and News, Cerritos Real Estate and News, Company News, English, La Paz Real Estate and News, La Ribera Real Estate and News, Los Barriles Real Estate and News, Mexico Real Estate, Real Estate in Mexico, Real Estate News, San Jose del Cabo Real Estate and News, Todos Santos Real Estate and News
Tags: baja california sur, Cabo, Cerritos, coldwell banker riveras, East Cape, la paz, la ribera, los barriles, Los Cabos, Los Cabos MLS, Market Report, Real Estate, san jose, sold properties, todos santos
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Sofia Benet
Written on
Verónica,
estoy interesada en recibir el reporte completo.
Gracias.
Sofía
hb
Written on
Could i pls have your full report? I thinl it is misleafing showign volume of sales instead of number of sales. Do u have a report that shows number of sales per town thia year over last year?