Merida Real Estate Market Report-July Update

Mérida, Yucatán

July,2022

Merida has a wide variety of properties, so you will easily find a home that suits your needs and budget. However, the most common houses are those that have 4 bedrooms, 3 bathrooms and 2 parking spaces, while the apartments with the greatest offer are 3 bedroom and 3 bathrooms. Regarding the cost of housing, houses in this region have an average sale cost of $3,886,946 and $19,174 for rent, while apartments cost approximately $2,900,619 for sale and $12,065 for rent.

In This Report...

Overall Mérida, Yucatán Market Overview

Here is a quick look at the current median prices covering the entire Mérida, Yucatán real estate market. Scroll down to view neighborhood specific information.
Jardines de la Alameda Street View - Copy

Median Houses

Sales: $3,886,946
Rent: $19,174
Peninsula Street View

Median Condos

Sales: $2,900,619
Rent: $12,065
Marina Sole Kitchen

Median Price / M²

Sales: $20,956
Torre Central Pool

Approximate Inventory

For Sale: 34,925
For Rent: 5,924

Details of properties for sale in Mérida, Yucatán

Range in Price

July,2022

$913,334

Minimum

$18,000,000

Maximum

Sales Averages by Type

$1,896,014

Current Avg Sales Price

$1,764,278

Last Month’s Average

$131,736

Change

$2,615,201

Current Avg Sales Price

$2,562,291

Last Month’s Average

$52,910

Change

$3,958,410

Current Avg Sales Price

$3,865,624

Last Month’s Average

$92,786

Change

$5,477,700

Current Avg Sales Price

$5,265,723

Last Month’s Average

$211,977

Change

What's my home worth?

Details of properties for rent in Mérida, Yucatán

Rates for Annual Rental Contract

July,2022

$4,000

Minimum

$90,000

Maximum

Neighborhood Report For Mérida, Yucatán

Neighborhood Median Sales Price Median Price / M² Median Rent
Cholul
$2,814,478
$14,377
$15,349
Santa Gertrudis Copo
$3,263,212
$19,488
$18,853
Centro
$4,411,708
$26,663
$20,246
Montes de Amé
$3,044,820
$25,293
$15,446
Montebello
$3,469,530
$26,348
$14,796
Temozon Norte
$3,307,004
$17,675
$14,432
Fraccionamiento Altabrisa
$4,190,163
$37,913
$19,626
Chuburna
$1,999,691
$15,748
$$8,817
San Ramón Norte
$3,569,216
$22,500
$16,481
Campestre
$6,141,219
$20,241
$20,000

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