Overview and Relevance of the Subject
The housing market in Mexico continues to experience steady growth, as evidenced by the 4% increase in housing prices from August 2024 to August 2025, according to Banorte’s analysis.
National Average and Entity-wise Comparison
Banorte’s Indicator of Housing Prices (Inbaprevi) for August 2025 reported a national average price of 31,016 Mexican pesos per square meter, marking a 0.6% monthly increase.
Out of the 15 federal entities analyzed, six surpassed the national average, while nine had prices below the average. The City of Mexico boasts the highest average price, whereas Tamaulipas maintains the lowest.
Graphical Representation
Monthly Growth and Methodology
Sinaloa exhibited the highest monthly growth in housing prices at 2.1%, while Nuevo León displayed the least dynamism with a 0.1% increase.
Unlike other housing price indicators, such as the Sociedad Hipotecaria Federal’s, the Inbaprevi gathers monthly housing data using web scraping techniques. This tool generates a national and state-level index by combining sales repetition methodologies and adjustments for age, offering a more accurate and unbiased analysis.
Key Questions and Answers
- What is the national average housing price in Mexico for August 2025? The national average housing price is 31,016 Mexican pesos per square meter.
- Which entities have housing prices above the national average? Sinaloa, Jalisco, Nuevo León, Quintana Roo, Veracruz, and the City of Mexico have housing prices above the national average.
- Which entities have housing prices below the national average? Tamaulipas, Campeche, Chiapas, Guerrero, Oaxaca, San Luis Potosí, Sonora, and Yucatán have housing prices below the national average.
- What methodology does Banorte’s Inbaprevi use to analyze housing prices? The Inbaprevi combines sales repetition methodologies and age adjustments, providing a more accurate and unbiased housing price analysis.
