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  1. Q

    Lima condos: does the 8.4% price movement mean much?

    I pulled a small sample of Lima condos marketed between PEN 4,050,000 and PEN 6,075,000. It shows price movement of 8.4% and median marketing time around 102 days, but differences in property condition make the picture fairly noisy. Before I respond, I’m trying to work out whether energy...
  2. Q

    Offering 6% below asking on a Lima retail unit

    PEN 1,128,000 would put my opening offer 6% under the PEN 1,200,000 asking price. The unit has been listed for 71 days, needs updating and has already had one transaction fall through, but I am told the seller is not under pressure. Similar nearby listings support the asking level; the problem...
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