Market Intelligence Report — PR-420

Mayaguez, PR

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-PR-08
As of the latest 2026 data
Cooling

Median Listing

$335K
-10.7% YoY

Pending Ratio

0.39
+2.6% YoY

Active Inventory

149
-3.3% YoY

Median DOM

93 Days
+257.7% YoY

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The Mayaguez market is currently classified as Cooling, with a pending ratio of 0.39, indicating demand absorption is lagging inventory. This is supported by active listings declining only marginally by 3.3% year-over-year, while median listing prices have contracted by 10.7% over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Mayaguez market right now.

Inventory dynamics show a modest year-over-year contraction of 3.3% in active listings, alongside a more significant 16.7% decline in new listings. Despite this, the median days on market has substantially increased by 257.7% year-over-year to 93 days, pointing to a slower sales pace. The median listing price has fallen by 10.7% over the past year, with the median price per square foot showing a 5.7% increase, indicating some segment-specific price resilience.

Historical Analysis

Market Trends

Median Price

$335K+0.1% MoM

Active Inventory

149-3.3% YoY

Days on Market

93+257.7% YoY

Sold Score™

57+2.6% YoY

Sold Score™ Over Time

Market liquidity index • 5 months

57
Apr 26Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Apr 26Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Apr 26May 26Jun 26Jul 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In this market, the extended days on market, at 93 days, and a pending ratio of 0.39 suggest that buyers have more time and opportunity for price discovery and negotiation. The current absorption rate places less immediate pressure on inventory, allowing for greater price discipline from buyers. The slower pace of transactions implies a more deliberate sales process.

Luxury Segment

The average listing price in the Mayaguez market, at $559,277, significantly exceeds the median listing price of $335,000, suggesting a concentration of higher-priced properties. However, the average listing price has declined by 3.1% year-over-year, while the median price per square foot increased, indicating some softening at the higher price tiers despite overall median price per square foot growth.

Supply Dynamics

149 active listings represent the current floor, with new supply arriving at roughly 40 per month.

Pricing Pressure
3.2%

of active listings carry a price reduction, +0.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +5.7% year-over-year.

Absorption
0.39

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Mayaguez, PR? Homes here are taking 67 days longer to sell than last year.

Buyers have leverage in Mayaguez, PR. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
39%
Median Days on Market
93 days
Inventory YoY
−3%

In a buyer's market, strategy beats timing. See how your home scores in Mayaguez, PR and what moves the number.

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Metro Demographics

Metro Area
Mayaguez, PR
CBSA Code
32420
State
PR
Analysis FAQ
  • What is the current market condition in Mayaguez?+

    As of the latest 2026 data, the Mayaguez metro is classified as Cooling. Pending ratio is 0.39 with median days on market at 93.

  • Are home prices dropping in Mayaguez?+

    Median listing price is $335K, -10.7% year over year. 3.2% of active listings carry a price reduction.

  • How fast are homes selling in Mayaguez?+

    The typical listing sits 93 days on market, a +257.7% change YoY. New listings are arriving at 40 per month.

  • What's happening in the Mayaguez luxury market?+

    The average listing price in the Mayaguez market, at $559,277, significantly exceeds the median listing price of $335,000, suggesting a concentration of higher-priced properties. However, the average listing price has declined by 3.1% year-over-year, while the median price per square foot increased, indicating some softening at the higher price tiers despite overall median price per square foot growth.

  • Where can I find a trusted Mayaguez real estate expert?+

    Primpted maintains a vetted registry of Mayaguez agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 32420 · 5mo history