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Strong Growth Continues In Los Cabos
Strong Growth in Real Estate continues In Los Cabos as we start 2021! We are anticipating a fantastic 2020 and many challenges along the way 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.How much Real Estate was sold in 2020 despite COVID-19? Why is the market considered stronger? As we start 2021, here is last year’s wrap up: 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 look at the statistics:
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.
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