For Sale in Mexico: A Stylish Modern Townhouse in the Heart of Mexico City
After a slowdown during the pandemic, the housing market in Mexico City is gaining strength, driven in particular by rising demand in the prime areas of this city of 8.8 million residents.
“We sold more properties in April of this year than in the whole last year in the triple-A places of the city,” Mr. Díaz said. “The demand has been growing a lot.”
Mexico does not have a centralized database for real estate transactions. But according to the data platform Statista, the average home price in Mexico City was about 2.9 million pesos ($148,000) in the first quarter of this year, making it Mexico’s most expensive market.
Prices in Condesa, Polanco and Roma, a cluster of upscale districts prized for their architecture, culture and culinary scenes, are among the highest in the city, at $465 to $555 a square foot, Mr. Díaz said.