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Unbelievable Puerto Vallarta Market Changes in Q1 2023 - You WON'T Believe What Happened!

  Рет қаралды 2,057

Gary Shirk

Gary Shirk

Күн бұрын

Hi 👋 in this video I'm excited to bring you the latest update on the Puerto Vallarta real estate market! In this Q1 2023 market update, I'll walk you through the current state of the market, including sales volume, median sales price, and inventory levels.
As I review the numbers, it's clear that there has been a bit of a slowdown in market activity during the first quarter of 2023. However, I'm happy to report that the median sales price is still up year over year, and inventory continues to trend at a record low level. I'll provide you with some easy-to-read charts and statistics to back up my claims and offer my expert analysis on what it all means for potential buyers and investors.
Whether you're looking for a vacation home or a long-term investment, I'm here to help you understand the Puerto Vallarta real estate market. If you have any questions, please don't hesitate to reach out. I'm excited to share my insights with you and hope you find this update helpful. So, let's dive into the latest in Puerto Vallarta real estate together!
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🕑 Chapters
0:00 - Introduction
1:00 - Gross sales volume comparison chart
1:28 - Median sales price, and absorption rate
2:00 - Analysis of the current market situation
2:30 - Assurance of Puerto Vallarta's resiliency
2:47 - Conclusion
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NOTE:
The content provided in this video is for informational purposes only and should not be taken as investment advice. Investing involves risks, and it is important to conduct thorough research and seek professional guidance before making any investment decisions. The content presented here is based on the available information at the time of the video, and market conditions may have changed since then. The views and opinions expressed in this video are those of the speaker and do not necessarily reflect the official policies or positions of any organization. Always exercise caution and consider your individual financial goals and risk tolerance before making any investment choices.
#PuertoVallartaRealEstate #RealEstateMarketUpdate #2023MarketTrends #InvestmentOpportunities #VacationHomes #LivinginMexico #BuyingRealEstate #ColdwellBanker #MexicoRealEstate #PuertoVallarta #MarketAnalysis #PropertyInvestment #RealEstateAdvice #MarketInsights #MarketTrends #PropertyMarket #RealEstateInvesting #PropertySales #PropertyListings #HomeBuyers #HomeSellers

Пікірлер: 11
@LivingSimplyinMexico
@LivingSimplyinMexico Жыл бұрын
We are amazed at how many homes in El Centro are offered at above $1m usd with such little inventory. Keep us updated!
@GaryShirkPV
@GaryShirkPV Жыл бұрын
Will do! By the way we enjoyed your recent video, especially your side trip to Versalles. That's in our neck of the woods
@LivingSimplyinMexico
@LivingSimplyinMexico Жыл бұрын
@@GaryShirkPV Thanks! On our last video we had no plan and it came together well. Those types of vids seem to be the best for us.
@MrBigSRT
@MrBigSRT Жыл бұрын
Thank you, BOSS!! For a future investor, this sounds like great news.
@GaryShirkPV
@GaryShirkPV Жыл бұрын
I'm glad you find it helpful! @MrBigSRT
@M3yeR969
@M3yeR969 Жыл бұрын
I purchased a townhouse in Portovela development in nuevo Vallarta, paid 3 million pesos and I recently was offered 5.7 million pesos for it. Couldn’t believe the equity it’s built up…
@GaryShirkPV
@GaryShirkPV Жыл бұрын
Freddy - Your timing was perfect. However even for those who haven't bought yet, Nuevo Vallarta (now called Nuevo Nayarit) is still a good choice because of its expected continued growth. The area will soon see the Vidanta Theme Park come on line, plus a new highway which will increase access from areas in and around Guadalajara
@M3yeR969
@M3yeR969 Жыл бұрын
@@GaryShirkPV good to know thank you.. the theme park was actually the main reason why I decided to make the move. I’m sure that the Park is going to track a whole lot of tourist.
@M3yeR969
@M3yeR969 Жыл бұрын
@@GaryShirkPV as far as real estate agent housing commission base?
@dovygoodguy1296
@dovygoodguy1296 Жыл бұрын
As I was wondering before, will people be scared off in general, especially expats and snowbirds, because of the possibility of military action by the US against the cartels?
@M3yeR969
@M3yeR969 Жыл бұрын
You’ll be fine. Mind your business and and everything will be fine. They normally stay far from the tourist.
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