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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

Oceanside Real Estate
Office +1(805)618-2012
info@oceansideloscabos.com
Alvaro Obregon #1505,

Downtown, San Jose del Cabo, MX.

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