Puerto Vallarta Real Estate Analytics

SEARCHPV CLOSED LISTING

THE SUMMIT 5

MLS #27888 · El Cerro · Centro North

Sold Price

$369,230

Sold Date

November 7, 2024

DOM

508

Sold / Final List

92.5%

Pricing Performance

Original List Price

$448,500

Final List Price

$399,000

Sold Price

$369,230

Sold-to-List Price Ratio

92.5%

Sold-to-Original List Price Ratio

82.3%

Discount from Final List

$29,770

Discount from Original List

$79,270

Sold Price / ft²

$175

Sold Price / m²

$1,887

Market Context

Community comparison based on the latest SearchPV market snapshot.

Community

El Cerro

Community Active Listings

1

Community Sales - 12 Mo

6

Community Median Sold Price

$385,000

This Property vs Community Median

4.1% below

Community Median Sold $/ft²

$230

This Property $/ft² vs Community

23.7% below

Bedroom-Matched Median Sold

$365,000

Bedroom-Matched MOI

0

Community MOI

2

Market Period Start

July 12, 2025

Market Period End

July 12, 2026

Development Context

Development

THE SUMMIT

Development Active Listings

-

Development Sales - 12 Mo

-

Development Median Sold Price

-

This Property vs Development Median

-

Development Median Sold $/ft²

-

This Property $/ft² vs Development

-

Development MOI

-

Property Details

Property Type

Condos

Market Type

Resale

Bedrooms

2

Bathrooms

3

Interior ft²

2,106

Interior m²

195.6

Development

THE SUMMIT

Community

El Cerro

Area

Centro North

Zone

Puerto Vallarta

SearchPV Scorecard

✓ Sold in 508 days

✓ Sold at 92.5% of final asking price

✓ Sold at 82.3% of original asking price

✓ Sold for $175 per ft²

Resale Condos

✓ Sold 4.1% below compared with the community median sold price

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