Market Reports

Strong Growth Continues In Los Cabos

The market in Baja California Sur continuies to grow, reassuring investors and giving them the confidence to keep building an even greater community for the full time residents and those who love to vacation here in Los Cabos. We have seen the current market stabilize after seeing an increase of 20% or more over the last couple of years. What Real Estate investers love about Cabo besides its close proximity and weather, is it is primarily a cash market and there are still many great opportunities.  With many searching for that perfect place to retire or spend more time, we are seeing strong growth with more and more people wanting to enjoy the lifestyle. The luxury market is staying strong and those that want to sell are looking to purchase and or move up into bigger property or a new community. We continue to see more interest in Cabo Real Estate than ever before and momentum building with limited inventory.

 

People are asking why is the market getting stronger? What kind of growth are we seeing? What is selling the most? One of the best ways to gain an understanding of what’s happening with the Real Estate market in Los Cabos is to take a close look at the statistics and contact us for more information.

Baja California Sur Report 2022

Baja California Sur 2023 First Semester Sales Volume

What About The Price Per Square Foot?

For several reasons the price per square foot in Los Cabos can be tough to determine, here’s why:

 

  • Established communities vs pre-construction pricing.
  • Many properties feature large outdoor living spaces that are not included when calculating square footage.
  • Variable factors include area, gated neighborhoods, proximity to beach, amenities, beach clubs, restaurants, golf courses, security and privacy.
  • An average building construction price per sq in cabo starts close to $200 a Sq ft depending on the details and finishes. However, some oceanfront developments can be up to $1400 sq ft or more depending on the property.
Property