Is Real Estate in Los Cabos Overpriced?  A clear, honest perspective.  

Short answer: No — but it isn’t cheap anymore.  Los Cabos has changed. What was once a seasonal destination has become a place people actually live, invest, and return to long term. Prices didn’t rise overnight — they evolved with demand, infrastructure, and global interest.  What often gets missed in this conversation: • Los Cabos is not one market — it’s dozens of micro-markets • Some areas are priced aggressively, others remain aligned with value • Construction and replacement costs are now very high • Buyers today are lifestyle-driven, not speculative • Well-located properties continue to move — even in slower cycles  Is everything worth the asking price? No.  Is the entire market inflated? Also no.  The real risk isn’t paying too much — it’s buying without understanding where value exists and why certain areas behave differently. Los Cabos isn’t expensive because it’s fragile. It’s expensive because it matured. And mature markets don’t reward speed — they reward understanding. Author Zon Murray Licensed Real Estate Agent Affiliated with Diamante Realtors