Are buyers negotiating more after 69 days on Lima new builds?

rhea_dove

Market analyst
Established
Market Reporter
Similar marketing periods produced very different outcomes once the rental position was made clear. That made the headline figure of roughly 69 days look less useful on its own.

I am tracking Lima new-build flats advertised from about PEN 825,000 to PEN 1,238,000. One unit with straightforward rental prospects may attract financed buyers, while an otherwise similar unit with uncertainty around renting could need a reduction or a cash buyer. District differences may matter just as much.

Before treating 69 days as bargaining leverage, I plan to separate original listings from relistings, then record public cuts, withdrawals, new-listing volume and completed prices. Examples of completed deals would be particularly helpful, since a public reduction does not show whether the seller later negotiated further or held firm.
 
Sixty-nine days alone does not establish stronger negotiation. Neighbourhood boundaries, condition at handover and whether the buyer needs financing could create very different outcomes within that price range. Which districts are included, and is 69 days measured from the first listing or the latest relisting? Withdrawn units matter too, because they can make the visible market look faster than it is.
 
I’d also be cautious about treating a price cut as evidence of the final discount. A motivated seller may reduce early and then hold firm, while another may keep the public price unchanged but negotiate privately. Track new-listing volume, withdrawals and the timing of cuts alongside completed prices. If possible, separate otherwise comparable units by financing constraints and rental clarity; that should reveal whether regulation or seller motivation is driving the difference.
 
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