Los Cabos Real Estate Market Analysis | ||||||||||
March 2021 | ||||||||||
Condos- March 2021 | ||||||||||
Total Active | Number Sold | Median Sale Price | ||||||||
Area | Mar-20 | Mar-21 | % | Mar-20 | Mar-21 | % | Mar-20 | Mar-21 | % | |
Cabo San Lucas | 325 | 448 | 37.8% | 4 | 15 | 275.0% | $858K | $637K | -25.8% | |
Cabo Corridor | 258 | 227 | -12.0% | 4 | 11 | 175.0% | $723K | $562K | -22.2% | |
San Jose del Cabo | 183 | 215 | 17.5% | 3 | 12 | 300.0% | $293K | $438K | 49.4% | |
San Jose Corridor | 111 | 100 | -9.9% | 1 | 6 | 500.0% | $165K | $724K | 338.48% | |
Houses- March 2021 | ||||||||||
Total Active | Number Sold | Median Sale Price | ||||||||
Area | Mar-20 | Mar-21 | % | Mar-20 | Mar-21 | % | Mar-20 | Mar-21 | % | |
Cabo San Lucas | 101 | 87 | -13.9% | 6 | 6 | 0.0% | $550K | $.5MM | -15.0% | |
Cabo Corridor | 188 | 146 | -22.3% | 6 | 13 | 116.7% | $427K | $535K | 25.4% | |
San Jose del Cabo | 106 | 111 | 4.7% | 4 | 6 | 50.0% | $596K | $1344K | 125.5% | |
San Jose Corridor | 251 | 187 | -25.5% | 9 | 13 | 44.4% | $1.8MM | $3122K | 76.47% | |
Land- March 2021 | ||||||||||
Total Active | Number Sold | Median Sale Price | ||||||||
Area | Mar-20 | Mar-21 | % | Mar-20 | Mar-21 | % | Mar-20 | Mar-21 | % | |
Cabo San Lucas | 104 | 139 | 33.7% | 5 | 2 | 100.0% | $K | $87K | 100% | |
Cabo Corridor | 84 | 90 | 7.1% | 0 | 8 | #DIV/0! | #DIV/0! | $496K | #DIV/0! | |
San Jose del Cabo | 166 | 161 | -3.0% | 10 | 6 | -40.0% | $95K | $120K | -100.0% | |
San Jose Corridor | 89 | 95 | 6.7% | 1 | 3 | 200.0% | $.1MM | $433K | 233.33% | |
East Cape | 376 | 372 | -1.1% | 3 | 14 | 366.7% | $52K | $306K | 491.7% | |
Pacific Side | 340 | 253 | -25.6% | 8 | 11 | 0.0% | $152K | $215K | 41.3% | |
Los Cabos Real Estate Market Analysis | ||||||||||
2021 YEAR TO DATE | ||||||||||
Condos- YTD 2021 | ||||||||||
Number Sold | Median Sale Price | |||||||||
Area | YTD 2020 | YTD 2021 | % | YTD 2020 | YTD 2021 | % | ||||
Cabo San Lucas | 22 | 35 | 59.1% | $855K | $1096K | 28.2% | ||||
Cabo Corridor | 19 | 32 | 68.4% | $764K | $1193K | 56.1% | ||||
San Jose del Cabo | 21 | 31 | 47.6% | $1.MM | $1.9MM | 80.6% | ||||
San Jose Corridor | 9 | 10 | $.8MM | $2.3MM | 185.4% | |||||
Houses - YTD 2021 | ||||||||||
Number Sold | Median Sale Price | |||||||||
Area | YTD 2020 | YTD 2021 | % | YTD 2020 | YTD 2021 | % | ||||
Cabo San Lucas | 16 | 13 | -18.8% | $1.1MM | $2119K | 93.3% | ||||
Cabo Corridor | 17 | 25 | 47.1% | $246K | $982K | 299.7% | ||||
San Jose Corridor | 6 | 25 | 316.7% | $9.3MM | $4.6MM | -50.6% | ||||
San Jose del Cabo | 7 | 15 | 114.3% | $1034K | $3.4MM | 226.6% | ||||
Land - YTD 2021 | ||||||||||
Number Sold | Median Sale Price | |||||||||
Area | YTD 2020 | YTD 2021 | % | YTD 2020 | YTD 2021 | % | ||||
Cabo San Lucas | 5 | 15 | 200.0% | $165K | $798K | 383.0% | ||||
Cabo Corridor | 0 | 2 | #DIV/0! | $K | $492K | 0.0% | ||||
San Jose del Cabo | 17 | 12 | -29.4% | $611K | $737K | 30.0% | ||||
San Jose Corridor | 3 | 7 | 0.0% | $416K | $924K | 0.0% | ||||
East Cape | 13 | 29 | 123.1% | $259K | $591K | 128.3% | ||||
Pacific Side | 45 | 89 | 97.8% | $174K | $240K | 37.6% |