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The market in Baja California Sur is stable market continuing to grow, reassuring the confidence of investors to keep developing. The current market favors sellers, but prices are beginning to stabilize after seeing an increase of 20% or more over the last 2 years. We have seen strong growth in real estate for Los Cabos in 2022. Looking back at 2021, the total sales volume quadrupled. We continue to see more interest in Cabo Real Estate than ever before and momentum building with limited inventory.
How much Real Estate SOLD in 2021 and 2022 despite COVID-19? Why is the market getting stronger? As we are officially through 2022, how will 2023 play out? 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:
For several reasons the price per square foot in Los Cabos can be tough to determine, here’s why:
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© Oceanside Real Estate 2022 - All rights Reserved. All prices are in US Dollars
Conversion to PESOS subject to change. The information shown in PESOS is solely based on the official conversion the date the property was listed. The offered price is in DOLLARS (US Currency) and in accordance with article 8 of the monetary law, the final price for recordation purposes will be converted into PESOS resulting from the official exchange rate on the date payment is due.In accordance with NOM 247, prices shown in DOLLARS can be converted into PESOS by accessing the following link and performing the corresponding arithmetic multiplication per the current exchange rate. https://www.banxico.org.mx/tipcamb/main.do?page=tip&idioma=en
Conversión a PESOS sujeta a cambios. La información que se muestra en PESOS se basa únicamente en la conversión oficial en la fecha en que se incluyó la propiedad. El precio de oferta es en DÓLARES (moneda de los EUA) y de conformidad con el artículo 8 de la ley monetaria en vigor, el precio oficial a registrar en la escritura será el de PESOS que resulte del tipo de cambio oficial en la fecha que el pago sea obligatorio. De conformidad con la NOM 247, los precios en DÓLARES se pueden consultar en PESOS mediante la multiplicación aritmética del precio mostrado en DÓLARES por el tipo de cambio en vigor para solventar operaciones en dólares moneda de Los EUA. https://www.banxico.org.mx/tipcamb/main.do?page=tip&idioma=sp
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