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Unlock the Secrets of Costa Rica’s Real Estate Market: Exclusive Mid-Year Report
The Costa Rican real estate market is buzzing with activity, and we’ve got the inside scoop! Our comprehensive Mid-Year 2024 Market Report is almost ready, and we’re excited to share a sneak peek with you. This report is packed with valuable insights and data, crucial for both buyers and sellers in Costa Ballena.
Market Overview and Trends
Total Listings Sold: In the first half of 2024, 105 properties were sold, totaling $53 million in sales. This is slightly down from 115 properties sold for $55 million in the same period in 2023. However, this means that the average price per listing has gone up in the last year!
Commercial Property Surge: Sales in commercial properties saw a significant jump by 235% in 2024, reflecting a growing interest in business investments in the region compared to 2023.
Luxury Properties: Homes listed over $1 million have increased their market share to more than 51% of total sales in Costa Ballena, up from 43% last year, highlighting the rising demand for high-end properties in Dominical, Uvita, and Ojochal.