Housing Sales in Lima Surge in First Half of 2025 – Lima’s real estate market is gaining momentum. During the first half of 2025, home sales in the Peruvian capital increased by 25% compared to the same period last year, according to data from the Confederation of Real Estate Developers of Peru (CODIP). This unexpected upswing reflects a more dynamic, balanced market that’s responding directly to real buyer demand.
Faster Inventory Turnover Signals Market Agility
One of the most telling indicators of this positive shift is the reduction in the average time to sell available inventory, which has dropped to 22 months—a significant improvement over the historical average of 25 months recorded between 2020 and 2025. This trend points to greater operational efficiency among developers, who are now more accurately aligning housing supply with buyer expectations.
Social Housing Leads Market Activity
The Social Interest Housing (VIS) segment emerged as the primary growth driver, accounting for 68% of total sales and 65% of the available inventory. Focused on meeting essential housing needs, this segment saw especially strong demand in areas like Modern Lima, Central Lima, South Lima, and North Lima, with sales in these zones jumping over 50%.
In total, over 12,000 housing units were sold between January and June—confirming VIS as a key force in Lima’s formal housing market.
Top-Performing Zones: Beyond the Traditional Hotspots
While Modern Lima topped the charts with 4,796 units sold, several other zones also showed significant activity:
- Lima Top: 3,473 units
- Central Lima: 2,244 units
- South Lima: 701 units
- North Lima: 506 units
- East Lima: 321 units
- Callao: 143 units
This broad distribution suggests a progressive decentralization of Lima’s real estate activity. At the district level, Miraflores, Jesús María, Downtown Lima, San Miguel, and Santiago de Surco were among the most in-demand areas.
What Type of Homes Are Buyers Choosing?
Lima’s buyers are leaning toward practical, space-efficient homes.
- Two-bedroom units made up 39.9% of total sales
- Three-bedroom units followed closely with 36.7%
Together, these two layouts accounted for nearly 77% of total transactions.
One-bedroom units represented 22.9%, showing that compact living is still relevant, especially for singles and young couples. In terms of size, the most sought-after units ranged between 50 and 70 square meters—highlighting a trend toward optimizing space and value for money.
Prices Remain Steady, Supporting Buyer Confidence
Despite the surge in activity, price growth remained moderate, with average price per square meter rising between 4% and 6% in areas like Lima Top and Modern Lima. This controlled increase supports continued affordability and enhances real estate’s appeal as a stable investment.
Final Thoughts
Lima’s housing market is not just recovering—it’s evolving. With faster inventory turnover, strong growth in social housing, and demand spreading beyond traditional districts, 2025 is shaping up to be a pivotal year for real estate in the city. For investors, developers, and buyers alike, Lima is presenting a new landscape of opportunity—both in affordability and long-term potential.
At HomeReady Global, we are your best ally to have your pre-sale or in-construction property delivered 100% completed with full satisfaction for the developer, seller, and new owner.
