Pricing is all about supply and demand and it is the most important factor to consider when selling your Costa Rican property. You do not want to overprice it or sell yourself short so here are a few guidelines that will help as you consider what price tag you should put on your condo, house or lot:
Comparable Listings and Sales: Investigate similar properties in your area that recently sold. Compare similar square footage, locations (example: Jaco, Hermosa, Esterillos) and features. Adjust pricing for lot size variances, configuration and amenities /upgrades. The price per square foot rises as the size decreases and it decreases as the size increases, meaning larger homes have a smaller square foot cost and smaller homes have a larger square foot cost. Click here to search through other listings in the Central Pacific of Costa Rica.
Even though Costa Rica does not have a MLS, Multiple Listing System, your RE/MAX Jaco agent can help you compare original list price to final sales price to determine price reductions.
Active Listings: These matter only as they compare to your listing, but bear in mind that sellers can ask whatever they want.
Market Dependent Pricing: Same house, three different prices. After you have collected all your data, the next step is to analyze the data based on market conditions. Contact us if we can help.