Market Analysis San José

M a r k e t A n a ly s i s a n d G u i d e

for San Jose del Cabo Downtown Properties

Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

realestateklein.com

Introduction Discover your dream home in San José del Cabo Downtown with our comprehensive market analysis and guide. We've meticulously compared a range of the most interesting properties in Downtown San José del Cabo, showcasing their standout features, prices, and amenities. Our aim is to empower you with the insights you need to make informed and confident purchase decisions. Let us guide you to your perfect Baja retreat.

Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

realestateklein.com

C o n t e x t a n d B a c kg r o u n d

San José del Cabo, located in the Los Cabos region of Baja California Sur, Mexico, has seen significant development since the 1980s. Initially part of FONATUR's tourism development projects, the area now boasts robust infrastructure, including roads, airports, and utilities, making it a prime location for luxury real estate.

In recent years, Los Cabos has experienced economic growth driven by the tourism and construction industries. The region's favorable macroeconomic conditions, combined with a high demand for luxury properties, make it an ideal market for real estate investment.

San José del Cabo's Downtown recent designation as a "Barrio Mágico" by the Mexican government enhances its appeal as a unique cultural and historical destination, highlighting its charm, rich history, and vibrant arts scene. Known for its colonial architecture, art galleries, and traditional Mexican ambiance, the town center attracts both tourists and potential property buyers.

This recognition underscores the town's cultural significance and boosts its attractiveness for real estate investment, celebrated for its picturesque streets, cultural festivals, and strong sense of community, making it a desirable location for both residents and investors. (SETUE)​.

This being the main difference with Cabo San Lucas, known for its nightlife, San José is a family oriented town.

"Barrio Mágico" (Magical Neighborhood) is how certain urban areas that have significant historical, cultural, and tourist value are designated by the Mexican government. Similar to the national "Pueblos Mágicos" (Magical Towns) program, the "Barrios Mágicos" initiative aims to highlight and preserve the unique characteristics of these neighborhoods, promote tourism, and improve the quality of life for their residents.

Characteristics of a Barrio Mágico

Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

realestateklein.com

Historical and Cultural Value: The neighborhood must have a rich and relevant history, as well as a distinctive cultural identity that makes it unique.

Architectural Heritage: The presence of historical buildings and monuments, as well as an urban environment that reflects the history and culture of the place.

Traditions and Festivals: The neighborhood must have its own traditions and festivals that are attractive to visitors and reinforce the cultural identity of the community.

Tourist Offerings: A variety of tourist attractions, such as museums, galleries, parks, traditional markets, restaurants, and craft shops.

Community Participation: The active participation of the local community in the preservation and promotion of the neighborhood.

Introduction to Market Activity in the Downtown Area

Over the past 90 days, we have gathered technical data from the MLS reflecting significant movement in the downtown area of San José del Cabo. This detailed report provides a clear view of recent real estate operations, highlighting current trends and providing a solid foundation for making informed decisions.

The highlighted properties in this analysis include a variety of residential options, from luxurious penthouses to modern condominiums, all strategically located with access to top amenities and panoramic views of the city and ocean. Below are some of the relevant properties that demonstrate the vibrant and dynamic market activity in this area:

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Calle Hidalgo No. 206

Listings by Status

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

Active, 42.6% realestateklein.com

Pending, 9.8%

Closed, 47.5%

Active - 26

Pending - 6

Closed - 29

Other - 0

(Total: 61)

Days on Market and Sold/List Ratios by Market Time

0-30 Days

31-60 Days

61-90 Days

4

4

-

% of Total

7.27%

7.27%

-

Average SP/LP

97.79

95.57

-

97.79

98.94

-

Number of Listings

Average SP/OLP

91-120 Days

Number of Listings

% of Total

+ Days

121

4

17

7.27%

30.91%

Average SP/LP

99.

31

9

Average SP/OLP

99.

31

99.

6.65 60

DOM by Market Time 31-60, 13.8%

61-90, 13.8%

0-30, 13.8% 91-120, 58.6% Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

0-30 Days

31-60 Days

61-90 Days

91-120 Days

121+ Days

realestateklein.com

Average, Median, Low and High Statistics

Average

Median

Low

High

Volume

Listings

Average

Median

Low

High

Volume

Listings

Bdrms

Sq. Ft.

1.7 2 0 4 61

1,143 1,083.53 675 2,227 61

List Price

Sold Price

$366,029 $378,000 $215,000 $560,000 $22,327,784 61

$318,776 $297,496.2 $195,000 $495,000 $9,224,530 29

Original

List Price $366,305 $378,000 $215,000 $635,294 $22,344,630 61 List Price per SqFt $332 $350 $137 $529 61

Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

Average

Median

Low

High

Volume

Listings

+52 (624) 123.4184

realestateklein.com

Average

Median

Low

High

Volume

Listings

Sold Price per SqFt

Sold/List Ratio*

$295 $307 $134 $370 29

97.03% 100% 76.64% 103.13% 29

DOM 251 219 1 666 61

Sold/ Original List Ratio* 99.22% 100% 76.64% 141.38% 29

Price change $ $-802 (2.25%) $9,600 (2.5%) $-96,294 (-16.69%) $96,005 (41.38%) 21

*Listings with ratios below 50% or above 200% are omitted from ratio columns Information is deemed to be reliable, but is not guaranteed. © 2024 MLS and FBS. Prepared by KLEIN REAL ESTATE on Thursday, July 11, 2024 1:37 PM.

These new developments represent an exciting new chapter for San José del Cabo. With luxurious living spaces, prime locations, and a commitment to community, these projects are set to become landmarks in the area. For more information or to schedule a visit, please contact Klein Real Estate. Don’t miss the opportunity to be part of this extraordinary community.

AIRBNB

It's crucial to highlight the capabilities of the ADEND Airbnb site, especially the benefits of purchasing the Pro version. The Pro version allows users to calculate and predict the future return on investment for a specific area, providing valuable insights for potential buyers. By leveraging this tool, you can make more informed decisions based on data-driven predictions about rental income and market trends. For more details and to access this feature, you can visit AirDNA.

M A R K E T P E R F O R M A N C E D E TA I L S feb: 59%

Occupancy Rate

52%

Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

realestateklein.com

may: 42%

Listings by Cancellation Policy Other (27.8%)

Flexible (20.2%)

Moderate (31.0%)

Strict (17.1%)

Super strict (3.9%)

Listings by Minimum Stay 1 Night (38.5%)

2 Nights (26.1%)

4-6 Nights (10.7%)

3 Nights (17.3%)

7-9 Nights (7.4%)

30+ Nights (0.1%)

What Amenities Do Listings Have?

Wired Internet

99%

A

ir Conditioning

98%

Wireless Internet

95%

it en

83%

K ch

Who are the largest property managers?

Property Manager Park Royal

Cabo Vacations Rentals

Escape to Cabo

Outsite

Elite Virtual Brokerage

Listings

Reviews

Avarage

Rating

154

461

4.39

17

39

4.82

12

15

4.81

9

20

4.04

6

8

4.41

Total Active Listings

706

Listings by Rental Channel Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

Airbnb (64%) Vrbo (17%) Both (19%)

Channel

realestateklein.com

Listings by Rental Type Shared Room (0%) Private Room (11%) Entire Home (89%)

How is this market performing?

Market Score

Type

66 Good

Annual Revenue

$30.6K Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

realestateklein.com

Jul Sep Nov Jan Mar May

$203.4 RevPAR $106.8

Average Daily Rate

Occupancy Rate

52%

Cardinal Living

These luxury condos feature stunning sunrises and sunsets, complemented by local town and mountain views. The community offers a turn-key living experience, designed to provide maximum comfort and convenience. Residents can also enjoy the rooftop lounge, underground parking, elevators, and storage lockers. For those not living year-round in their condos, the property management service can help rent out the units, providing an opportunity for extra income.

Cardinal Living D-403

Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

realestateklein.com

Address: Miguel Hidalgo 121

Price (USD): 309,000

Bedrooms: 1

Total SqM: 68.91

Price per SqM (USD): 4,483.34

Description: Location This beautifully furnished studio condo located in the vibrant heart of San Jose del Cabo will be a lucrative investment.

Year Built: 2022

Common Amenities: Fire Pit, Pool

Views: Local, City

Style: Multiple Levels

Floor: 4

Parking: 1 space

Analysis: D-403 is priced higher per square meter but offers a prime location and city views. This property is suited for buyers looking for a vibrant urban lifestyle.

See full Brochure: Cardinal Living

ESTERO - UNDER CONSTRUCTION (Delivery May 2025)

Estero is a one-of-a-kind mixed-use project nestled in the heart of Downtown San José del Cabo, just steps away from the vibrant Art District. This project comprises six unique condos with a common rooftop and pool, and a coffee-restaurant located on the ground floor.

This space serves as a central hub for like-minded individuals looking to embrace an elevated Baja lifestyle. The location ensures easy access to the city's cultural offerings and happenings, making it an ideal spot for both living and leisure.

See full Bro

ESTERO | San José 102

Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

realestateklein.com

Address: Ignacio Zaragoza

Price (USD): 360,000

Bedrooms: 2

Total SqM: 87.32

Price per SqM (USD): 4,121.23

Description: Estero is a one-of-a-kind mixed-use project nestled in the heart of Downtown San José del Cabo, just steps away from the vibrant Art District.

Year Built: N/A

Common Amenities: Pool

Views: Local, City

Style: Multiple Levels

Stories: 4

Floor: 1

Parking: 1 space Analysis: ESTERO | San José 102 offers a higher price per square meter but provides two bedrooms and is ideal for families or those needing more space.

ESTERO | San José 202 Address: Ignacio Zaragoza

Price (USD): 380,000

Bedrooms: 2

Total SqM: 87.42

Price per SqM (USD): 4,345.89

Description: Estero is a one-of-a-kind mixed-use project nestled in the heart of Downtown San José del Cabo, just steps away from the vibrant Art District.

Year Built: N/A

Common Amenities: Pet Friendly

Views: Local, City

Style: Multiple Levels

Stories: 4

Floor: 2

Parking: 1 space

Analysis: ESTERO | San José 202 shares its floorplan with 102, making it ideal for families or those needing more space.

See full Brochure: Estero

PROVIDENCE - UNDER CONSTRUCTION (Delivery 2025) Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

realestateklein.com

Providence presents a unique opportunity to live in one of the most exclusive real estate developments in the region. This development offers 26 apartments starting from 93.33m2, each designed with the best specifications to guarantee comfort. Each apartment has two bedrooms, two bathrooms, a living room, dining room, and a kitchen equipped with a washer/dryer, stove, microwave, and refrigerator.

Amenities include a rooftop social area with a grill, providing a perfect setting for socializing and relaxation.

Providence Ildefonso Green A-102

Address: Providence

Price (USD): 390,525

Bedrooms: 2

Total SqM: 104.23

Price per SqM (USD): 3,745.91

Description: 2-bedroom, 2-bathroom condo with local views, modern amenities, and a functional open concept.

Year Built: 2025

Common Amenities: Fire Pit, Pool, Security Guard

Views: Local

Style: Multiple Levels

Floor: 1

Parking: 1 space

Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

realestateklein.com

Analysis: Providence Ildefonso Green A-102 offers modern living with local views and premium amenities, ideal for those seeking a blend of functionality and comfort.

Providence Ildefonso Green A-302

Address: Providence

Price (USD): 393,600

Bedrooms: 2

Total SqM: 101.55

Price per SqM (USD): 3,875.49

Description: 2-bedroom, 2-bathroom condo with city views, modern amenities, and a functional open concept.

Year Built: 2025

Common Amenities: Fire Pit, Pool, Security Guard

Views: City

Style: Multiple Levels

Floor: 3

Parking: 1 car

Analysis: Providence Ildefonso Green A-302 offers modern living in a vibrant town center with premium amenities, ideal for those seeking a blend of functionality and comfort.

Providence Ildefonso Green A-303

Address: Providence

Price (USD): 393,600

Bedrooms: 2

Total SqM: 98.55

Price per SqM (USD): 3,992.39

Description: 2-bedroom, 2-bathroom condo with local views, modern amenities, and a functional open concept.

Year Built: 2025

Common Amenities: Fire Pit, Pool, Security Guard

Views: Local

Style: Multiple Levels

Floor: 3

Parking: 1 space

Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

realestateklein.com

Analysis: Providence Ildefonso Green A-303 offers modern living with local views and premium amenities, ideal for those seeking a blend of functionality and comfort.

Providence Ildefonso Green B-401 PH

Address: Providence

Price (USD): 525,000

Bedrooms: 2

Total SqM: 167.54

Price per SqM (USD): 3,132.16

Description: Luxurious penthouse with 2 bedrooms, 2 bathrooms, modern amenities, and a spacious terrace.

Year Built: 2025

Common Amenities: Fire Pit, Pool, Security Guard

Views: Local

Style: Multiple Levels

Floor: 4

Parking: 1 space

Analysis: Providence Ildefonso Green B-401 PH offers a premium living experience with extensive space and luxurious amenities, ideal for those seeking a high-end penthouse in a vibrant location.

See full Brochure: Providence

ATRIUM Atrium San Jose specializes in developing sustainable projects in harmony with nature, creating commercial and residential spaces that integrate seamlessly with the environment. Located in the Historic Center of San Jose, this development offers 20 apartments designed with the highest standards of quality and comfort. Amenities include a garden, roof garden, pool, jacuzzi, and BBQ area, making Atrium San Jose a perfect blend of luxury and sustainability.

Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

realestateklein.com

Atrium 203

Address: Atrium 203

Price (USD): 461,500

Bedrooms: 3

Total SqM: 163.03

Price per SqM (USD): 3,220.09

Description: Beautiful 3-bedroom, 3-bathroom penthouse overlooking the San Jose del Cabo Estuary. Prime downtown location, steps from restaurants, shops, and art galleries.

Year Built: 2022

Common Amenities: Pool, Pool Heater, Security Guard

Views: City, Ocean

Style: Floor 2

Parking: 2 spaces

Analysis: Atrium 203 offers luxury living in a prime downtown location with stunning views and modern amenities.

Atrium 402

Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

realestateklein.com

Address: Atrium 402

Price (USD): 525,000

Bedrooms: 3

Total SqM: 163.03

Price per SqM (USD): 3,220.09

Description: Beautiful 3-bedroom, 3-bathroom penthouse overlooking the San Jose del Cabo Estuary. Prime downtown location, steps from restaurants, shops, and art galleries.

Year Built: 2022

Common Amenities: Pool, Pool Heater, Security Guard

Views: City, Ocean

Style: Floor 4

Parking: 2 spaces

Analysis: Providence Ildefonso Green A-302 offers modern living in a vibrant town center with premium amenities, ideal for those seeking a blend of functionality and comfort.

Atrium 101

Address: Atrium 101

Price (USD): 560,000

Bedrooms: 4

Total SqM: 207

Price per SqM (USD): 2,705.31

Description: Three-bedroom + 1 service room condo on the first floor. Equipped with appliances and air conditioning, perfect for investment or living. Located in the heart of San José del Cabo, with easy access to restaurants, galleries, and shops.

Year Built: 2022

Common Amenities: Fence, Fire Pit, Garden, Pool, Pool Heater, Security Guard

Views: City, Territory

Style: 1 Level

Parking: 2 spaces

Analysis: Atrium 101 offers spacious living with multiple amenities in a prime location, ideal for both investment and residential purposes.

See full Brochure: Altrium

Conclusion

San José del Cabo continues to attract buyers seeking a blend of cultural richness, natural beauty, and contemporary living. These new developments are poised to become landmarks, offering residents unparalleled comfort, convenience, and community.

For more information or to schedule a visit, please contact Klein Real Estate. This is an extraordinary opportunity to be part of a thriving and welcoming community in one of Mexico's most desirable locations.

Calle Hidalgo No. 206

Centro, 23400 San José del Cabo BCS México

+52 (624) 123.4184

realestateklein.com