Strong Growth Continues In Los Cabos
We have seen strong growth in real estate for Los Cabos in 2022. Looking back at 2021, the total sales volume quadrupled. 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 2021 despite COVID-19? Why is the market considered stronger? As we are more officially halfway through 2022, how will the rest of the year 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:
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.
Quarter 2 Market Report
The Baja California Sur Real Estate Market is continuing to grow reassuring confidence in investors to keep building new construction Homes and Condominiums attracting more people to move to Cabo. Whether you are interested in Purchasing or Selling contact us directly to learn about the Lifestyle and owning in Los Cabos.
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