Coldwell Banker La Costa · Market Intelligence

By: BROCK SQUIRE · Broker and CEO of Coldwell Banker La Costa
Reading time: ~5 minutes

Brock Squire is the Broker and CEO of Coldwell Banker La Costa, one of the most established real estate brands in Puerto Vallarta and Riviera Nayarit. With decades of market experience, formal training in Urban Land Economics and Finance, and deep local knowledge, Brock helps clients interpret market conditions with strategy, discipline, and clarity.

Puerto Vallarta and Riviera Nayarit real estate market report for July 2026 comparing houses and condominiums
Coldwell Banker La Costa’s July 2026 market report shows a market splitting in two: single family houses shifting into a buyer’s market as condominiums quietly appreciate.

The direct answer

June’s numbers tell two very different stories. If you are selling a house right now, buyers hold the leverage. If you are selling a condo, you may be sitting on more equity than the headlines suggest.

Flex MLS statistics for June 2026 show single family houses moving into a buyer’s market as inventory builds, while condominiums are quietly appreciating even as sales slow on shrinking supply. The right strategy now depends entirely on which side of that split you are on.

In short: The market is not weak. It is splitting in two. Houses are correcting on price as inventory piles up, and condos are appreciating as new listings dry up. Pricing strategy matters more than ever.

Key market numbers

Coldwell Banker La Costa’s review of Flex MLS statistics for June 2026 shows a market that rewards precision. Inventory, pricing, and sales activity are moving in opposite directions across houses and condominiums.

+22.9% House active listings year over year, 751 versus 611
-19.7% House median sale price, from $504,413 USD to $405,000 USD
+9.2% Condominium average sale price, to $486,819 USD
-69.4% Condominium new listings year over year, 93 versus 304
Market read: One market rewards patience and pricing discipline. The other rewards owners willing to sell into scarcity.

Two markets, two stories

House inventory jumped 22.9 percent year over year, while condominium new listings collapsed 69.4 percent and active condo supply tightened. This creates very different conditions across the two major residential segments, and it means market wide averages can mislead if you do not separate the two.

Houses: a buyer’s market has arrived

Inventory is the headline. Active house listings jumped to 751 from 611 a year ago, the deepest single family inventory Puerto Vallarta has seen in recent memory. More choice for buyers means less leverage for sellers, and the pricing data confirms it.

Metric June 2026 Change YoY
Active listings 751 (from 611) +22.9%
Median sale price $405,000 USD (from $504,413) -19.7%
Average sale price Down year over year -25.9%
Closed sales 24 (from 34) -29.4%
Median list price Up year over year +4.3%
Average days on market 230 days -14.2%

Closed sales slid even as median list prices crept up 4.3 percent, a widening gap between what sellers ask and what buyers actually pay. The bright spot is speed: the houses that do sell are moving faster, with average days on market down to 230.

Seller takeaway: Price to today’s market, not last year’s. A house priced to current comps still sells, and sells faster.

Condos: quietly appreciating

The condominium market is telling the opposite story. Prices are rising while supply tightens, and the drop in closed sales is a supply story, not a demand one. Fewer condos are reaching the market, not fewer buyers showing up.

Metric June 2026 Change YoY
Average sale price $486,819 USD +9.2%
Median sale price $380,000 USD +9.5%
New listings 93 (from 304) -69.4%
Active listings Down year over year -11%
Closed sales Down year over year -33.9%
Average days on market 314 days Improved 13.5%

New listings collapsed 69.4 percent as owners hold inventory back rather than test the market, and active supply fell a further 11 percent. Closed sales dropped 33.9 percent, driven by that scarcity rather than weak demand.

Owner opportunity: Owners of well positioned condominiums may hold more pricing power than they realize, because supply is scarce and values are still climbing.

Days on market

Both segments are transacting faster than a year ago. House days on market fell 14.2 percent to 230 days, and condominium days on market improved 13.5 percent, though condos remain a patient owner’s game at 314 days on average. In both cases, accurate pricing and professional presentation are what shorten the timeline.

The key takeaway

June’s data reveals a market splitting in two. Houses are correcting on price as inventory builds, so sellers need to price to today’s market, not last year’s. Condos are quietly appreciating as new listings dry up, and owners of well positioned units may hold more pricing power than they realize.

The takeaway: One market rewards patience and pricing discipline. The other rewards those willing to sell into scarcity. The right move depends on the property type, neighborhood, pricing position, and your goals.

What our team is seeing

Beyond the numbers, our agents continue to see strong interest from North American buyers seeking vacation homes, retirement properties, and investment opportunities. Buyers today are more selective and better informed than in previous years.

For houses, that selectivity plus deeper inventory means real negotiating room for prepared buyers. For condominiums, well located and turnkey units are still moving, and scarcity is protecting values. Pricing accuracy, presentation, and marketing exposure decide which listings succeed.

Seller takeaway: In this market, accurate pricing and professional exposure are not optional. They are essential to attracting qualified buyers and protecting your negotiating position.

Key market questions

Is Puerto Vallarta a buyer’s market in 2026?

For single family houses, yes. House inventory rose 22.9 percent year over year in June 2026 while median sale prices fell 19.7 percent, giving buyers meaningful leverage. The condominium market is different, with rising prices and shrinking supply.

Are Puerto Vallarta condo prices going up or down in 2026?

Condo prices are rising. The average condominium sale price rose 9.2 percent and the median rose 9.5 percent year over year in June 2026, driven by a 69.4 percent drop in new listings that tightened supply.

Why are Puerto Vallarta home sales down in 2026?

For houses, closed sales fell 29.4 percent as buyers gained leverage and sellers were slow to adjust asking prices. For condos, the 33.9 percent drop in sales reflects fewer listings coming to market, not fewer buyers.

Should I sell my house or condo in Puerto Vallarta right now?

It depends on the property type. House sellers should price to current market conditions as inventory grows. Condo owners of well positioned units may hold stronger pricing power because supply is scarce. A local valuation is the best next step.

Next steps with CBLC

At Coldwell Banker La Costa, we remain committed to providing our clients with the market intelligence, local expertise, and international marketing power necessary to navigate changing market conditions successfully.

Whether you are buying, selling, investing, or evaluating your property’s position in the current market, the right strategy begins with accurate data and experienced local guidance.

Request a personalized market consultation

For a personalized market consultation or an updated valuation of your property, contact your Coldwell Banker La Costa advisor today.

Disclaimer: This article is for informational purposes only and does not constitute legal, tax, financial, or investment advice. Market statistics are based on Flex MLS data for June 2026 and should be interpreted with professional guidance. Property availability, pricing, seller motivation, and transaction terms can change quickly and should always be verified during due diligence. Coldwell Banker La Costa Realty fully supports the principles of the Equal Opportunity Act and the Fair Housing Act. Each office is independently owned and operated.