Lekki Phase 1 slowed, Ibeju–Lekki picked up, and Abuja flipped from a seller's to a buyer's market.
Median listing prices in Lekki Phase 1 dipped 3.2% quarter on quarter as inventory expanded and buyers shifted south toward Ibeju–Lekki.
Abuja's Maitama and Asokoro registered the longest time-on-market since 2022, with median 71 days versus 44 days a year ago.
Distress listings — the core of Flip It's catalogue — closed 31% faster than the broader market average, validating the pricing playbook in our companion piece.