Puerto Vallarta Real Estate Analytics

SEARCHPV CLOSED LISTING

GRAND VENETIAN T3 2204

MLS #32347 · Gran Venetian - Icon · Hotel Zone

Sold Price

$377,000

Sold Date

December 12, 2024

DOM

225

Sold / Final List

87.7%

Pricing Performance

Original List Price

$490,000

Final List Price

$430,000

Sold Price

$377,000

Sold-to-List Price Ratio

87.7%

Sold-to-Original List Price Ratio

76.9%

Discount from Final List

$53,000

Discount from Original List

$113,000

Sold Price / ft²

$362

Sold Price / m²

$3,893

Market Context

Community comparison based on the latest SearchPV market snapshot.

Community

Gran Venetian - Icon

Community Active Listings

42

Community Sales - 12 Mo

30

Community Median Sold Price

$817,500

This Property vs Community Median

53.9% below

Community Median Sold $/ft²

$369

This Property $/ft² vs Community

2.0% below

Bedroom-Matched Median Sold

$260,000

Bedroom-Matched MOI

24

Community MOI

16.8

Market Period Start

July 12, 2025

Market Period End

July 12, 2026

Development Context

Development

GRAND VENETIAN

Development Active Listings

10

Development Sales - 12 Mo

9

Development Median Sold Price

$759,000

This Property vs Development Median

50.3% below

Development Median Sold $/ft²

$398

This Property $/ft² vs Development

9.0% below

Development MOI

13.3

Property Details

Property Type

Condos

Market Type

Resale

Bedrooms

1

Bathrooms

1

Interior ft²

1,042

Interior m²

96.9

Development

GRAND VENETIAN

Community

Gran Venetian - Icon

Area

Hotel Zone

Zone

Puerto Vallarta

SearchPV Scorecard

✓ Sold in 225 days

✓ Sold at 87.7% of final asking price

✓ Sold at 76.9% of original asking price

✓ Sold for $362 per ft²

Resale Condos

✓ Sold 53.9% below compared with the community median sold price

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