Overview and Key Figures
In November 2025, the average housing price in Mexico reached 31,397 pesos per square meter, marking a 4.9% increase compared to the same period in 2024, according to Grupo Financiero Banorte’s Analysis Department.
The Banorte Housing Price Indicator reports that six out of the fifteen entities analyzed had average values above the national median. These entities included:
- Mexico City: 57,975 pesos per square meter
- Nuevo León: 53,864 pesos per square meter
- Jalisco: 46,812 pesos per square meter
- Sinaloa: 42,355 pesos per square meter
- Baja California: 39,849 pesos per square meter
- Estado de México: 38,440 pesos per square meter
Monthly Advancement
The report indicates that the average housing price increased by 0.2% compared to the previous month, reflecting an overall upward trend in Mexico’s real estate market driven by the current dynamics of workers’ incomes.
Regional Advancements
Most entities in the analysis reported positive monthly variation results. Hidalgo had the highest average monthly growth at 1.6%, while Nuevo León experienced the most significant decrease in property values, with a 0.8% drop.
Data Collection and Methodology
The Banorte Housing Price Indicator employs web scraping techniques to collect monthly data, generating a national and state-level index of housing values. According to Grupo Financiero Banorte’s Analysis Department, this approach offers a current and detailed perspective on housing market trends in Mexico.
Key Questions and Answers
- Q: What is the national average housing price in November 2025? A: The national average housing price reached 31,397 pesos per square meter.
- Q: Which entities had housing prices above the national average? A: Mexico City, Nuevo León, Jalisco, Sinaloa, Baja California, and Estado de México all had housing prices above the national average.
- Q: What was the monthly variation in housing prices? A: Housing prices increased by 0.2% compared to the previous month.
- Q: Which entity had the highest monthly growth in housing prices? A: Hidalgo experienced the highest average monthly growth at 1.6%.
- Q: Which entity had the most significant decrease in housing values? A: Nuevo León had the most significant decrease in housing values, with a 0.8% drop.
- Q: How does the Banorte Housing Price Indicator collect data? A: The indicator uses web scraping techniques to gather monthly data, creating a national and state-level housing value index.
