MARKET REPORT
FIRST SEMESTER 2025 VS. 2024
Cabo San Lucas
The Corridor
San Jose del Cabo
Pacific
La Paz
East Cape
A View From Los Cabos
The first half of 2025 paints a clear picture of a resilient and maturing real estate market in Baja California Sur. The market remains balanced, with stable pricing and sustained demand across key segments.
The luxury sector continues to lead the way, accounting for the majority of sales activity including several record-breaking transactions. While traditional high-end areas like Cabo San Lucas and The Corridor remain strongholds for investment, emerging destinations such as La Paz, the Pacific coast, and Todos Santos are gaining ground thanks to growing buyer interest, lifestyle appeal, and consistent closing performance.
With rising sales volume, expanding geographic demand, and solid fundamentals across price points, Baja California Sur presents a dynamic and diversified landscape for investors, homeowners, and developers alike.
This report outlines the key data and trends shaping the region’s performance in the first semester of the year.
Explore our services and current listings at loscabossir.com.
Key Highlights
• Market Stability with Luxury Strength: Prices across Baja California Sur remained relatively stable, with no widespread correction. Notably, 77% of all sales were over $1M, and 6 sales exceeded $10M — two of which were closed by Los Cabos Sotheby’s International Realty.
• La Paz Market Momentum: La Paz saw a 28% increase in sales activity, with properties regularly closing at or above listing prices, signaling growing demand.
• The Corridor and its Standout Growth in Homes: Home sales volume in The Corridor nearly doubled, from $13.8M in H1 2024 to $24M in H1 2025, representing a 74% increase. This makes it one of the region’s fastest-growing luxury submarkets.
• Rising Hotspots: Demand continues to grow in La Paz, El Sargento, Pescadero, and Todos Santos, areas increasingly seen as the next frontier for luxury and lifestyle investment.
• High-End Inventory: There are currently 26 active listings priced above $8M in Los Cabos, reflecting the region’s robust ultra-luxury market.
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Baja Sur Areas
Cabo
San Lucas
San Jose del Cabo
East Cape
La Paz
Pacific PACIFIC OCEAN
SEA OF CORTEZ
Cabo Corridor
Cabo San Lucas
San Jose del Cabo
San Jose Corridor
Cabos
Cabo San Lucas
HOUSES
CONDOS
LAND
HOUSES
The Corridor
HOUSES
CONDOS
LAND
HOUSES CONDOS
San Jose del Cabo
HOUSES
CONDOS
LAND
HOUSES CONDOS
HOUSES
CONDOS
LAND
HOUSES
La Paz
HOUSES
CONDOS
LAND
HOUSES CONDOS LAND
East Cape
HOUSES
CONDOS
LAND
HOUSES CONDOS LAND
