Inventory in Peru has expanded notably in this rolling three-month view, with active listings up nearly 29 percent year over year. New listings are also higher, rising more than 33 percent from a year ago. Even with more homes available, closed sales and pending contracts have increased, with homes sold up about 7 percent and pending sales up more than 33 percent year over year.
Pricing is adjusting to this added supply. The typical home value is down a bit from a year ago, slipping around 4 percent even as the median list price is only slightly lower than last year. Sellers are giving up more ground at the negotiation table, with the average sale-to-list ratio edging down compared with a year ago, and a months-of-supply level near 4.6 indicating more balance than buyers saw in late 2024.
Market pace has quickened despite the softer prices. Median days on market have shortened to about 31 days, roughly a week faster than a year earlier, and just over half of listings are going under contract within two weeks. A growing share of homes, a bit more than 28 percent, are now selling above the asking price, up from last year’s level. With Peru still tilted toward sellers but offering more options and negotiating room for buyers, Agent Pronto can connect both buyers and sellers with an agent who understands these evolving conditions.
