Housing sale prices in Lima and Callao, Peru, reached S/ 6,959 per square meter in July 2026, according to data from Urbania. Despite a 0.5% monthly increase, several districts are experiencing year-on-year price declines. This presents a potential opportunity for individuals looking to buy property in the capital. Urbania’s analysis identifies five specific districts where prices have fallen annually, although they are not named in this report. The overall market demonstrates continued activity, with a slight upward trend month-over-month. Experts suggest these localized price drops could be influenced by various factors including supply and demand dynamics within those districts. Potential buyers are advised to research specific areas to capitalize on these reductions.