Call Us
Los Cabos Residential Real Estate Market Report 2020 Q4

Los Cabos Residential Real Estate Market Report 2020 Q4

January 9, 2021

Report Commentary

House and Condo sales volumes thundered back in the 4th quarter of 2020 over the same period in 2019.  At this moment the effects of the COVID-19 pandemic persist as a positive trend in Real Estate in Cabo.  The reality is buyers are coming en masse. Sales continue to be driven by the new buyer attitudes of “LIFE IS TOO SHORT” and if I have to work from home, home may as well be Cabo. 

Sales shot through the roof in Q4 with activity tripling over the same period in 2019.  Sales in 2020 are have finished up 19% over 2019 in unit volume and up 35% in Dollar Volume.  2020 has exceeded 2019 by a long shot and activity continues to be high.

Overall, the residential average and mean prices are up 13.6% and 1.6% over 2019 respectively having been propelled by notable increases in sales and dollar volumes in the $1m to $1.5m and $1.5m to $2m ranges.  Days on Market for Houses has rebounded to 2019 levels as sales activity increased.  Any pandemic related DOM lags have been mopped up the average.


The market continues to look strong. The market is experiencing some upward pressure on prices.   How sustainable this will be will largely be determined by the incoming Biden Administration in the US.  Should President Biden lock down the country and curtail travel to Mexico, all bets are off.

Los Cabos Residential Real Estate Market – Highlights

Los Cabos Residential Real Estate Market – Sales Volume by Price Point

Los Cabos Residential Real Estate Market Highlights – Sales Volumes by Month

Please note the remarkable drop in sales volumes for April due to Covid and the steady climb back as buyer have returned exclipsing sales volumes from August through December over 2019.

Los Cabos Residential Real Estate Market Highlights – Sales & Inventory All Prices

Los Cabos Residential Real Estate Market Highlights – Sales & Inventory Under $1M

Los Cabos Residential Real Estate - Historical Reports

Real Estate & Lifestyle Tips

Latest From The Blog

Dean Short

Vehicles & Insurance in Los Cabos

When relocating to Los Cabos, people ask us so many questions about vehicles. What to do with your cars at home? How do you buy a car here? What about license plates? What’s

Samantha Ross

Moving to Los Cabos

Should I ship my personal goods to Mexico? If you are considering purchasing or renting a home in Mexico, the one question you every ex-pat considers is whether it is best to pack

Samantha Ross

Residency in Mexico

When you vacation in Mexico, you are issued an FFM (Forma Migratoria Múltiple) document at the point of entry into Mexico. The FMM document allows entry into Mexico for up to 180 days.

Home Services
Dean Short

TV Services in Los Cabos

Let’s just say that Canadians and Americans love their television.  In Los Cabos we take comfort in getting some kind of TV from home and watching all the programming our friends are watching

Food, Sun & Fun
Samantha Ross

Our Favorite Los Cabos Restaurants

Having lived in Los Cabos for seven years now we have assembled a list of our favorite restaurants.  While not a Top 10, more like a Top 20 including our favorite stops on

Home Services
Dean Short

Water Supply in Los Cabos

Water supply is a popular subject of conversation particularly in the Cabo Corridor area of El Tezal.  Most Americans and Canadians are used to the water supply to their home being “ON”.  Few

No Comments

Post a Comment