4 states with the largest real estate offer in Mexico

Are you thinking about investing in real estate and you still don't decide the place? Discover four of the best states to live because they have the largest real estate offer. We tell you the average house price of each one.
As you well know, the price of houses varies depending on various factors, such as the location and conditions of the property, causing it to increase or decrease according to each of the characteristics to be evaluated. However, you should know that the range of house sales prices is not the same in each city, but that this will also depend on the entity in which the property is located. That is why, to guide you in your decision making, we tell you the average house price of the entities with the highest real estate offer and that are also considered the best states to live.

Which are the states with the highest real estate offer?
·         Mexico City

·         New Lion

·         Queretaro

·         Jalisco

Mexico City
Mexico City is one of the most requested places to live, for the same reason it is one of the most populated cities in the world and the one with the largest real estate market in Mexico. The CDMX tops the list of the real estate market in the country as it is the one that has both the greatest supply and the highest demand for housing. However, the properties found here are the ones with the highest value in the country, so their prices can be high. If your intention is to rent a home, you should know that Mexico City is also where most of the housing is concentrated in disposable income. In addition, the Mexican Association of Real Estate Professionals (AMPI) expects a growth of 5.25% in the real estate sector of the CDMX this 2019.

The average price of houses in CDMX is $ 4,700,000 MXN.

New Lion
Nuevo León is on the list of the states with the greatest sky real estate potential, being among the first six, and it is also considered as one of the best states to live due to its labor supply, its cultural wealth and its tourist attractions. This, according to INEGI (National Institute of Statistics and Geography), is one of the eight states that stand out for its growing economic activity. For this reason, the state of Nuevo León has a high level of income per capita, which in turn generates a greater demand for real estate, which is a great attraction for real estate developers.

The average home price in the state of Nuevo León is $ 2,900,000 MXN.

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Queretaro
Undoubtedly, one of the best states to live and preferred due to its great economic potential, job opportunities and especially for its quiet lifestyle. This state, thanks to its high economic development, offers considerably higher salaries compared to others, which is one of the reasons why people seek this place to live. In addition, it is one of the most appreciated tourist places and that in turn offer calm and tranquility for daily life. An important fact that directly influences the real estate offer of this state is that its GDP grew about 4.5% in 2018, and it is expected that the same percentage of growth will be maintained this 2019, which will be approximately double that of the country. Nevertheless, You should know that being one of the most demanded entities for the purchase of housing, its prices are rising considerably. According to Pedro Bolívar, commercial director of Expo Inmobiliaria y Housing, in approximately two years, the value of homes has increased between 15% and 20%.

The average price of houses in the state of Querétaro is $ 2,500,000 MXN.

Jalisco
This is a state in which there are large construction factories and renowned companies such as Honda of Mexico, Ferrero de México, Dulces de la Rosa, among many others, so it is not surprising that it has an important economic flow, as well As a wide range of jobs. Jalisco, in addition, is one of the leaders in contribution to the country's GDP according to the governor of this state. Damián Gerberoff, commercial director of Vivanuncios, mentions that Jalisco is among the 5 states with the highest real estate investment and that it also has 4 of the 10 most demanded cities to live.

The average price of homes in the state of Jalisco is close to $ 2,000,000 MXN.

Take into account that, as mentioned at the beginning, the price of the houses will also depend on the characteristics of the house itself and the surrounding factors, such as its location, the market price of the area in which it is located, the development of the area, the services it has, the conditions of the property, among others.

If you already know what state you would like to live in, you just have to choose a city and start the search for your ideal home on pechs islamabad our portal .