Where is housing most expensive per square meter in Mexico?

Housing prices in Mexico increased during the month of June, according to statistics. Here's the data:

During June 2025, housing prices in Mexico maintained their upward trend, with an annual growth of 3.5%. , according to the Banorte Housing Price Indicator.

According to the firm, The increase reflects the continued growth of the real estate market, driven by the evolution of the economy and demand in different regions of the country. .

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The financial institution's analysis details that the cost of housing in the country has increased by 2% this year .

Banorte's analysis indicates that The national average price was 30,694 pesos per square meter at the end of June. , which also represents a monthly increase of 0.4% compared to May.

With this, the indicator continues to consolidate its upward trend so far this year .

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Banorte detailed that the Mexico City remained the entity with the highest value per square meter, reaching an average of 56,811 pesos. .

In contrast, Tamaulipas reported the lowest price in the country, at 17,624 pesos per square meter. , reflecting the wide disparity between regions.

According to Banorte, these differences are associated with factors such as location, local demand, and specific property characteristics .

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In terms of monthly variation, Nuevo León led the price increases in June, with a rise of 1.1% compared to the previous month .

At the other end of the spectrum, Hidalgo saw the largest decline , with a 0.6% reduction in price per square meter, marking the weakest note in the state's outlook.

After Mexico City as the most expensive entity, Nuevo León followed with 53,472 pesos and Jalisco with 45,196 pesos per square meter. .

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Other entities with high prices were Sinaloa with 42 thousand 38 pesos, Baja California with 38 thousand 792 pesos and the State of Mexico with 37 thousand 919 pesos, all above the national average of 30 thousand 694 pesos per square meter .

In contrast, the lowest prices were recorded in Tamaulipas, at 17,624 pesos per square meter, as well as in Hidalgo at 20,291 pesos and Morelos at 20,642 pesos. Sonora also stood out for their more affordable prices at 21,170 pesos and Guanajuato at 21,247 pesos. This price disparity between states reflects marked differences in demand, location, and characteristics of the local real estate market .

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OA