Residential Real Estate Mexico Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Mexico Residential Real Estate Housing Market Companies and is Segmented by Type (Apartments and Condominiums and Landed Houses and Villas). The Report Offers Market Size and Forecast in Value (USD) for all the Above Segments.

Residential Real Estate Mexico Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Residential Real Estate Mexico Market Size

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Mexico Residential Real Estate Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 15.11 Billion
Market Size (2030) USD 18.51 Billion
CAGR (2025 - 2030) 4.14 %
Market Concentration Low

Major Players

Mexico Residential Real Estate Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Residential Real Estate Mexico Market Analysis

The Residential Real Estate Market In Mexico Market size is estimated at USD 15.11 billion in 2025, and is expected to reach USD 18.51 billion by 2030, at a CAGR of 4.14% during the forecast period (2025-2030).

The market is driven by the demand for housing from new residents. Furthermore, the market is driven by the huge flock of tourists residing in the country for longer vacations and second homes.

  • The Mexican destination markets are heating up, particularly as remote workers seek a year-round, resort-style living due to flexible, remote work policies. Buyers continue to snap up vacation homes that they can use more frequently and then rent out for income the rest of the year.
  • The global rental market has remained at an all-time high for the past two years as demand continues to outpace supply. Due to the constant demand and transactional complexities that may arise, high-profile real-estate firms have set up shops in Mexico's resort markets to assist buyers. One of these brokerages is The Agency, a global billion-dollar real-estate brokerage with more than 60 offices in luxury markets in the United States, Canada, Mexico, Europe, and the Caribbean. The Agency now has seven office locations in Mexico, including Los Cabos, Todos Santos, La Paz, Puerto Vallarta, Punta de Mita, Riviera Maya, and San Miguel de Allende.
  • The Mexican housing market continues to be resilient, supported by strong demand. In 2022, after a Y-o-Y increase of 8.56% in 2021, 5.38% in 2020, 7.66% in 2019, and 9.35% in 2018, the national house price index shot up by 10.41%. Before that, the Mexican housing market had been relatively stable for nearly a decade. Many residents of Mexico City are selling their homes and relocating to more spacious areas or reinvesting in other countries. Home prices in Mexico fell by 57.8% over the previous year, with a median price of USD 128,000 in December 2023. House prices rose by 10.4% Y-o-Y to September 2023, after an increase of 11.5% during the preceding quarter. However, the price of real estate is generally rising, although this trend varies from one region to another.
  • After a brief pause during the COVID-19 pandemic, the housing market in Mexico City is reviving, fueled in particular by rising demand in the city's prime areas. There is no centralized database for real estate transactions in Mexico. However, according to the data platform Statista, the average home price in Mexico City in the first quarter of this year was around MXN 2.9 million (USD 148,000), making it Mexico's most expensive market. Condesa, Polanco, and Roma, a cluster of upscale districts prized for their architecture, culture, and culinary scenes, have some of the city's highest prices, ranging from USD 465 to USD 555 per sq. ft.

Residential Real Estate Mexico Industry Overview

The residential real estate market in Mexico is fragmented due to the presence of many players in the market. Speculators do not drive the housing market. Some of the major players are Ruba, Consorcio Ara, Sab de CV, Grupo Garza Ponce, Groupo Lar, and Grupo Jomer. There are many developers, and the market is highly competitive. Access to financing has become an indispensable component of the Mexican residential market, with public institutions and private banks having a key role.

Residential Real Estate Mexico Market Leaders

  1. Ruba

  2. Consorcio Ara, Sab de Cv

  3. Grupo Garza Ponce

  4. Group Lar

  5. Grupo Jomer

  6. *Disclaimer: Major Players sorted in no particular order
Mexico Residential Real Estate Market Concentration
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Residential Real Estate Mexico Market News

  • June 2023: Habi, a prominent real estate technology platform, is set to receive a substantial financial boost of USD 15 million from IDB Invest. This funding, spread over four years, aims to fuel Habi's expansion plans in Mexico. While the structured loan has the potential to reach USD 50 million, its primary focus is to cater to Habi's working capital needs. IDB Invest's strategic move is not just about bolstering Habi's growth; it also aims to leverage technology to enhance liquidity and agility in Mexico's secondary real estate markets. By addressing the housing gap in Mexico, this funding initiative is poised to elevate market efficiency, bolster transparency, encourage local contractors for home renovations, and expand Habi's corridor network.
  • June 2023: Celaya Tequila, a premium tequila brand crafted in small batches and co-founded by brothers Matt & Ryan Kalil, is forging a philanthropic alliance with New Story, a non-profit dedicated to eradicating global homelessness. In a groundbreaking move, Celaya Tequila pledges to contribute a percentage of sales from every bottle towards an affordable housing endeavor in Jalisco, Mexico. This endeavor aims to empower underprivileged families in Jalisco by enhancing their access to homes and land ownership.

Residential Real Estate Market In Mexico Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

  • 2.1 Analysis Method
  • 2.2 Research Phases

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS DYNAMICS

  • 4.1 Current Market Scenario
  • 4.2 Market Dynamics
    • 4.2.1 Drivers
    • 4.2.1.1 Increasing Residential Real Estate Demand by Young People
    • 4.2.1.2 Increase in Average Housing Price in Mexico
    • 4.2.2 Restraints
    • 4.2.2.1 Lack of Affordable Housing Inhibiting the Growth of the Market
    • 4.2.2.2 Economic Instability Affecting the Growth of the Market
    • 4.2.3 Opportunities
    • 4.2.3.1 Growing Middle Class Population Acting as a Catalyst
    • 4.2.3.2 Increased Urbanization Contributing to the Growth of the Market
  • 4.3 Value Chain / Supply Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry
  • 4.5 Residential Real Estate Buying Trends - Socioeconomic and Demographic Insights
  • 4.6 Government Initiatives and Regulatory Aspects for the Residential Real Estate Sector
  • 4.7 Insights Into Size of Real Estate Lending and Loan to Value Trends
  • 4.8 Insights Into Interest Rate Regime for General Economy, and Real Estate Lending
  • 4.9 Insights Into Rental Yields in the Residential Real Estate Segment
  • 4.10 Insights Into Capital Market Penetration and REIT Presence in the Residential Real Estate Market
  • 4.11 Insights Into Affordable Housing Support Provided by Government and Public-Private Partnerships
  • 4.12 Insights Into Real Estate Tech and Startups Active in the Real Estate Segment (Broking, Social Media, Facility Management, and Property Management)
  • 4.13 Impact of COVID-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Apartments and Condominiums
    • 5.1.2 Landed Houses and Villas

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Company Profiles
    • 6.2.1 Ruba
    • 6.2.2 Consorcio Ara, Sab de CV
    • 6.2.3 Grupo Garza Ponce
    • 6.2.4 Groupo Lar
    • 6.2.5 Grupo Jomer
    • 6.2.6 Grupo HIR
    • 6.2.7 Inmobilia
    • 6.2.8 Groupo Sordo Madaleno
    • 6.2.9 Aleatica
    • 6.2.10 Ideal Impulsora Del Desarrollo*
  • *List Not Exhaustive

7. FUTURE OF THE MARKET

8. APPENDIX

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Residential Real Estate Mexico Industry Segmentation

Residential real estate is an area developed for people to live in. As local zoning ordinances define, residential real estate cannot be used for commercial or industrial purposes. A complete background analysis of the residential real estate market in Mexico, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact is included in the report.

The Mexican residential real estate market is segmented by type (apartments and condominiums and landed houses and villas). The report offers market size and forecast in value (USD) for all the above segments.

By Type Apartments and Condominiums
Landed Houses and Villas
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Residential Real Estate Market In Mexico Market Research Faqs

How big is the Residential Real Estate Market In Mexico Market?

The Residential Real Estate Market In Mexico Market size is expected to reach USD 15.11 billion in 2025 and grow at a CAGR of 4.14% to reach USD 18.51 billion by 2030.

What is the current Residential Real Estate Market In Mexico Market size?

In 2025, the Residential Real Estate Market In Mexico Market size is expected to reach USD 15.11 billion.

Who are the key players in Residential Real Estate Market In Mexico Market?

Ruba, Consorcio Ara, Sab de Cv, Grupo Garza Ponce, Group Lar and Grupo Jomer are the major companies operating in the Residential Real Estate Market In Mexico Market.

What years does this Residential Real Estate Market In Mexico Market cover, and what was the market size in 2024?

In 2024, the Residential Real Estate Market In Mexico Market size was estimated at USD 14.48 billion. The report covers the Residential Real Estate Market In Mexico Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Residential Real Estate Market In Mexico Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Residential Real Estate Market In Mexico Industry Report

The Mexico Residential Real Estate Housing Market is experiencing significant changes and developments. The market predictions indicate a dynamic landscape with various factors influencing the market outlook. This market report covers detailed market analysis, providing insights into the market size and market segmentation. The report offers a comprehensive market forecast, highlighting the expected trends and price trends in the coming years.

The industry analysis reveals that the market growth is driven by several key factors, including the demand for different types of residential properties such as apartments, condominiums, landed houses, and villas. The industry outlook suggests a positive trend, with industry statistics supporting the anticipated growth rate. The market overview presents a clear picture of the current market conditions and the factors contributing to market value.

The market review includes detailed market data and sales data, offering a thorough understanding of the target market. The report pdf provides a sample of this industry analysis, allowing readers to access valuable industry information and research companies involved in the market. The industry reports and industry research offer in-depth insights into the market leaders and their strategies.

Overall, the Mexico Residential Real Estate Housing Market is poised for growth, with market trends indicating a favorable environment for investors and stakeholders. The industry size and industry sales are expected to increase, supported by the market index and market cap. The sector analysis and market statistics provide a detailed understanding of the market trends and the factors driving market growth. The report example serves as a valuable resource for those looking to understand the market dynamics and make informed decisions.