The top 4 spots in N.&C. America where people are looking to buy vacation & retirement homes.
Updated: Sep 4, 2020
If you’ve ever fantasized about turning your getaway dreams into reality, you’ve got company.
Approximately 14% of realtor respondents in the National Association of Realtors’ Profile of International Activity in US Residential Real Estate said they had a US client seeking property abroad — 87% of those clients sought to use the property as a vacation home.
In a recent report, Point2 Homes revealed the most popular spots Americans were looking to buy a vacation home. To compile this data, they ranked US users’ Google searches from January 2017 to January 2018 using keywords regarding homes for sale abroad in countries located in the Americas. The countries were then ranked based on average monthly search volume.
Below, check out the top 4 countries Americans are dreaming of making their home away from home. Click here to see the top 30.
4. Costa Rica — Many Americans want to live the Pura Vida in this tropical paradise, often seeking a home in the surf haven of Tamarindo, where you can buy a 3-bedroom condo for the US’s median home price of $240,000.
Monthly Google searches: 39,620
Source: Point2 Homes
3. Puerto Rico — While an interest in homes declined post-Hurricane Maria, this hasn’t prevented Puerto Rico from ranking in the top five as it rebuilds. The median home price on the Island of Enchantment is $115,000.
Monthly Google searches: 46,600
Source: Point2 Homes
2. Canada — Even though Canada is the least affordable nation in North America with a median home price of $460,221, its beautiful landscapes and long ski seasons are hard to resist. Ottawa, Calgary, Edmonton, and Winnipeg are particularly attractive to buyers.
Monthly Google searches: 55,290
Source: Point2 Homes
1. Mexico — With an affordable average home sale price of $40,275 and picturesque beaches, it’s no surprise Mexico ranks number one. Puerto Vallarta is the most sought-after location, with the most Google searches at 10,230. Puerto Vallarta is the most sought-after location for a vacation home in Mexico.
Monthly Google searches: 63,890
Source: Point2 Homes
Interested Puerto Vallarta, Mexico? As a Canadian citizen and a US expat and a real estate professional, I can show you how easy it is to own and invest in real estate here in Mexico. Click here to contact me. Selling your home in Puerto Vallarta? Click here to find out how much it is worth.