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Glossary · Market & investment

Asking-price median (mediana de oferta)

Definition

The asking-price median is a given area's 'middle' listing price: half the published properties ask more, half ask less. In Panama City, the resale median is $2,208/m² as of July 2026 (3,199 listings), per Vaca Group's study.

In practice

Two honesty requirements this metric carries: it's a median (resists extremes better than the average, which a single penthouse distorts) and it's asking (listed prices, not closings — Panama has no accessible public record of closing prices, and real closings typically negotiate below asking). That's why we always publish the sample size (n) next to each figure: a 405-listing median outweighs a 50-listing one. That's the yardstick for reading our entire study.

General information, not legal or tax advice. Every transaction is confirmed with an attorney and accountant.

Term reviewed as of July 2026 · Vaca Group Real Estate, Lic. PN 5904