Guadalajara, Jal. Despite the economic crisis generated by the Covid-19 pandemic, the sale of real estate for housing did not plummet and the prices of houses and apartments in the metropolitan area of Guadalajara remained and, in some cases, even registered a slight rise.

According to the report on the Panorama of the housing sector in Guadalajara, prepared by the consulting company Tasvalúo, although housing construction was stopped for some months of 2020, the reactivation in the sale of real estate was even faster than in construction.

According to the report, the Guadalajara Metropolitan Area (AMG) has 200 vertical and horizontal housing projects, most of them (70 developments) in the residential segment; that is, properties with a value between 2 and 4.1 million pesos.

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"Of these 200 projects, just over 60% are from departments (...) Guadalajara is joining this trend of urban verticalization that is a trend in the most dynamic cities of the country such as Mexico City, Querétaro and Tijuana that their urban profiles are changing a lot towards verticality ”, said to El Economista, the director of Consulting at Tasvalúo, Mauricio Domínguez.

He highlighted that the price for apartments in the Guadalajara Metropolitan Area is on average 34,600 pesos per square meter, while for houses it is 18,500 pesos per square meter.

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“The capital gain of Guadalajara is one of the most important nationally by city. The average price of the middle segment in the apartments is the fourth highest in the country, only behind Monterrey, Riviera Maya and Mexico City ”, the manager underlined.

"The average price per square meter in Guadalajara reveals that it is a market where capital is going to take refuge in a safe way and where the capital gain is going to be maintained," Domínguez pointed out.

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