lila_tools
Property investor
The São Paulo apartment market looks split rather than uniformly fast or slow. In the R$1,075,000–R$1,613,000 range, I’m seeing roughly 34 days on market, but renovated places move quickly while units needing work sit, take cuts or disappear.
I’m trying to decide whether 34 days is enough to justify an assertive first offer, or whether it is better to wait for a price reduction. Vacancy also seems important: a vacant unit and one with an unclear occupancy timeline attract very different reactions. Has anyone tracked recent completed sales against the full public asking-price history, including withdrawn and relisted stock?
I’m trying to decide whether 34 days is enough to justify an assertive first offer, or whether it is better to wait for a price reduction. Vacancy also seems important: a vacant unit and one with an unclear occupancy timeline attract very different reactions. Has anyone tracked recent completed sales against the full public asking-price history, including withdrawn and relisted stock?