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Strong Growth Continues In Los Cabos

We are anticipating a fantastic 2020 after wrapping up a great season in 2019.  We are continuing to see more interest in Cabo Real Estate than ever before. Take a look at the current market trends and you can see the momentum building.

Los Cabos Sales Volume 2018-2019

Los Cabos Real Estate Transactions Closed

Current Market Activity

As of 2/19/2020

Zone Property Type Active Listings Avg List Price
Cabo San Lucas Condos 287 $444,665
Homes 89 $1,624,325
Land 129 $723,583
San Jose del Cabo Condos 152 $627,710
Homes 144 $1,487,705
Land 164 $1,385,341

2020 Sales Activity

As of 2/19/2020

Zone Condos Listed Condos Sold Avg Sold Price
Cabo San Lucas 278 14 $267,746
San Jose del Cabo 190 7 $307,394

Zone Homes Listed Homes Sold Avg Sold Price
Cabo San Lucas 109 9 $563,000
San Jose del Cabo 136 3 $334,433

Los Cabos Annual Growth Trend

What About 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.

2019 Market Snapshot

Zone Condos Listed Condos Sold Avg Sold Price
Cabo San Lucas 454 97 $361,795
San Jose del Cabo 357 107 $269,653

Zone Homes Listed Homes Sold Avg Sold Price
Cabo San Lucas 196 41 $435,663
San Jose del Cabo 227 53 $726,690

2018 Market Snapshot

Zone Condos Listed Condos Sold Avg Sold Price
Cabo San Lucas 346 79 $377,235
San Jose del Cabo 401 85 $295,928

Zone Homes Listed Homes Sold Avg Sold Price
Cabo San Lucas 169 29 $732,441
San Jose del Cabo 221 55 $649,878

Downtown San Jose del Cabo

Calle Alvaro Obregon 1505 Centro

San Jose del Cabo, BCS

Mexico, 23400

Oceanside Real Estate’s mission is to help people achieve their dream of owning property in Baja. We strive to meet our client’s goals as if they were our own.  This ensures that our clients are comfortable every step of the way throughout the entire home buying process.  Getting to know what is important to our clients and identifying their real needs allows us to have clear communication which is the essence of every successful transaction.  Whether you are purchasing or selling property we look forward to working with you.