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Market Conditions at Las Palomas Resort, Rocky Point, Puerto Penasco

According to the Puerto Penasco MLS, there were 47 condo sales at Las Palomas in 2015.   Prices have been increasing, helping the price per square foot increase 36% over 2014.  The Supply of condos for sale has decreased, down 46% from 2014.   This means that the time to buy a Beachfront condo is now!   Prices are rising and supply is diminishing.   The other great factor is that Tourism is up in Rocky Point, making your Sea of Cortez investment even better.   You can rent out your condo and make extra $$.    The Real Estate market is improving here in Rocky Point, but act now while you can still afford to buy your Dream Home in Mexico.
 

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