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MarketOverview
As of January 2025, the Costa Rica real estate market for single-family homes has experienced significant shifts compared to the previous year. The median sold price has dropped sharply by 41.21%, from $907,769 in January 2024 to $533,647 in January 2025, indicating a market correction or increased activity in lower price ranges. Despite this price decline, sales volume has risen, with sold listings increasing by 30.77%, suggesting stronger buyer demand. The average price per square foot has also seen a notable decrease of 40.54%, now at $167.42, reinforcing the trend of declining property values. However, inventory has expanded by 16.19%, reaching 1,371 active listings, which may provide buyers with more options. Additionally, properties are selling much faster, with the average days on the market dropping by 42.33%, from 593 days in 2024 to 342 days in 2025, pointing to a more dynamic market where well-priced properties are moving more quickly. These trends suggest a market shift towards affordability and increased transactional activity, possibly fueled by changing investor sentiment or external economic factors.
Regional Single-FamilyHomes
Single-Family Homes LuxuryHomes
Condominiums ResidentialLots
